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Forex robots can never make anyone successful. They can be used for guidance or can be combined to enhance the results of manual trading, but if we rely on forex robots solely, we cannot be successful forex traders as forex robots do not work 100% of the time.

You have to take time to learn and explore the subject. There is no need to reach point B if you haven’t spent enough on point A. Many traders tend to reach point B without taking enough time to learn and explore point A. If you are one of them, you can never be successful. It may take years to...

I hope you find success this time but it is not going to be easy either. Just take your time and do not rush the learning process. Patience is very much needed to become successful in forex trading whether you are a manual trader or using an EA.

First mistake is being impatient and chasing profits. Second mistake is engaging in emotional trading. And the most dangerous mistake a forex trader can make is not learning any lessons from your mistakes and repeating them.

Bitcoin is bound to show fluctuations because of the ever-changing supply and demand. So, anyone who is going to be a part of the market, better be ready for the challenges.

Honestly, I don’t believe much in dogecoin. Cardano seems to be a better option at the moment. It’s not very far from ethereum.

The use of cryptocurrencies as a form of payment is prevailing these days. Many big brands had already started accepting crypto payments but now small businesses are also joining in. For me, accepting crypto payments is a way to represent how I want my business to be up to date with the latest...

You will eventually find the strategy that matches your trading style. Until then, keep trying easy strategies with small amounts so that you know what works and what doesn’t.

I love working with the Relative Strength Index. I like to use it because it can be applied over a number of periods and can be used in conjunction with moving averages or stochastic oscillators.

If you want to be a successful trader, it is of utmost importance that you do not let your feelings influence your decisions and trust what the stats say more than anything. Also, it's critical that risk management remains a primary focus during all trading endeavors.

Trend trading can be really profitable because the trends will help you trade better.

High leverage might not guarantee high returns always. In fact, it might result in the opposite. It is only for seasoned traders. Beginners, however, who want to use leverage, may consider small leverage to avoid huge losses.

Be disciplined to trade. Do not trade with negative emotions like greed or fear. FOMO is real; you have to identify it and make a distance from it as soon as possible. Avoid any irresponsible practices at all costs. You have to adhere to strict financial management and risk management rules. Do...

Every newbie wants to conquer it all. But it’s a mistake to think that the traders who have been in the market have been sitting on their hands. They have had a hard time trading and the uncertainties of the market are still there. You better think before you do anything.

Never believe in what others tell you. Find your own reasons to do something or not do something. Trading is difficult and you won’t be good at it until you give your best. You must live your trades because that’s how you know the ins and outs of the market and can make the best of your trades.

Yes, I absolutely love being a crypto trader. It’s been a difficult journey but now it has become a major part of my day.

Hey, welcome to the forum! As you are just going to start here, let me suggest no rushing. Move ahead step by step so that you know what is happening and what you would need to do to get better.

Many traders fail to understand the market sentiment and when and how they should time their trades and this leads them to completely missing out on a good and smooth journey because they remain unaware than try to learn from their mistakes. Therefore, a clear and open mindset before you...

There is no ‘best strategy’ that would suit all kinds of trading styles. If that were the case, the market wouldn’t have quitters till date. The strategy you build into your system is the one that will work for you until the market shifts and you may have to revise your plan. It really depends...

I believe learning forex trading is an important skill. Developing and improving this skill of trading forex in the long run can definitely help us become financially independent, or make some extra money to ease our lifestyle. However, I also believe that as forex trading requires us to have...