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Right! I’d like to add some more: Underestimating the importance of learning and upskilling Not practicing enough Relying on others for forex trading Not researching enough Not maintaining discipline

Forex trading is all about knowledge. Robots, on the other hand, can be useful in your trading. However, without knowledge, it will be difficult to monitor and identify their movements.

That’s nice to see! Even my broker turnkeyforex processes withdrawals within a couple of hours.

Have patience and be disciplined! The majority of traders fail because they can’t keep up with the process. They all want to make quick profits! However, forex is a dynamic market, and learning about its complexities and nuances takes time. So, keep learning and trading.

I would vouch for forex and cryptocurrencies. However, a word of caution - don’t go into these markets without studying about them as they are risky. Forex trading is more stable than crypto. Thus, you can go for it first.

There’s nothing as such an ideal amount of time you should spend in order to learn forex. Everyone should move at their own pace and not rush to complete the syllabus of forex. Different people have different capacities to absorb knowledge. If you are a fast learner, you can finish learning...

There’s no such thing as making a fixed number of trades for a beginner. Basically the number of trades depends on the strategy. If you are scalping, you can make 100 trades a day. But if you are swing trading, you might only make 1 trade in a week. The thing is, a beginner should develop his...

Typically, I prefer periods when the market is highly volatile and liquid. So I trade during the London and New York sessions since they are the most active, and these two trading centres account for more than half of all forex trades.

First of all, there is no perfect forex trading strategy. because not every strategy is always effective To prevent losing an edge, traders must develop their own trading strategies and backtest them frequently. Scalping is the finest trading approach for me. It enables me to profit from a...

If you’re ready to put in your efforts then you can find tons of sources on the internet to learn about forex. Honestly you don’t need any mentor, you can learn on your own. No matter how much you study, if proper implementation of strategy is missing then your knowledge is of no use. So make...

Honestly speaking there's not a single way to grow money fast. Forex reaps rewards only when you’re experienced and knowledgeable. If you’re looking for any shortcut to make money then forex won’t work for you. Often novice traders want to take a shortcut but end up losing their money. Remember...

Been using Turnkeyforex for more than two years now. So far so good. I give foremost importance to fees and they haven’t disappointed me in that. Their withdrawal procedure is also simple and quick.

Hi, welcome to the forum. If you’re looking for a powerful indicator, you need to learn the different market conditions. Get the facts clear because only then you will be able to trade successfully here. Practice makes the journey better. All the best!

To make profit and increase my financial stability, I believe everyone who enters the market has the same idea, just a different approach. If you manage risk and money well, you will learn the right time to make the moves and earn profit.

There is no doubt that stop-losses are really necessary in Forex trading as they help avoid a potential large loss of capital. Traders can use a single 100 pips stop-loss order or more sophisticated techniques, such as trailing stop-losses. A trailing stop-loss is a stop-loss that is moved along...

My only tip is to start small and stay cautious while trading. Forex trading can be easy if you follow the systems and be adaptive to the changes in the market.

Swing trading and scalping are the two best forex trading strategies. These two trading strategies work well because they cater to the volatility of the market and also cater to the trader's personal skills.

Along with these tips, dedication, focus, education, and discipline are necessary too. The OP said to love small losses. It is so true! Accepting a loss of any kind is crucial; we cannot agonise over losses; it is necessary to learn from them.

Dedication, hard work, and discipline will help you become a successful trader. Initially, make sure to spend most of your time honing your skills to get a better understanding of the market. You can't expect success without hard work or discipline.

I am listing down a few good books about forex trading useful for newbie traders. Although you can find many more with a thorough research. It is good to start with them. A three dimensional Approach to forex trading by Anna Coulling How to make a living trading foreign exchange by Courtney...