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Manual trading might take time to learn but it is definitely more promising and rewarding than automated trading. Automated bots and EAs might not work with your strategy and certain market conditions. This will result in unregulated loss, putting your account at the risk of blowing up. It is...

You need to audit your trading. find out your faults. work on them. so simple. Get a good grasp on fundamental and technical analysis to predict the direction of the market.

Forex trading is risky, but it can be extremely profitable if done correctly. Traders need to have appropriate skills and experience in order to make the right trades.

There are lots of financial markets and you can trade any of them. I trade crypto, which is a virtual currency that runs with the help of blockchain technology. It can move about without the aid of any third-party such a bank or the government. Cryptographic methods are used to produce...

First you should focus on reading and researching the market. Well, earning profit doesn’t happen overnight so until you gain confidence, it is necessary to stay consistent and gain an overall idea of how the process should move along. Learn about the various terminologies and technicals. Most...

I think practising on a demo account is a great way to brush up your theoretical knowledge. Only when traders spend time analysing and studying the market, will they be able to make the right decisions in regards to building a feasible trading system. Joining a forum could help you in improving...

Without a doubt. Forex trading is a profitable business. Based on your knowledge and experiences, you can make a lot of money. Keep in mind that knowledge comes before money.

It is entirely dependent on your learning abilities and prior experiences. Every trader has a unique set of learning abilities. As a result, the answer may differ for each trader. however. 6-8 months of hard work is sufficient to cover the fundamentals.

Welcome to the forum. Keep learning because as they say, “ it is the key to success.”

I have been in the market for a long time and have seen other bear markets too.So, I can’t exactly say any specific amount.

The only tips towards getting profitable are ; Focus on your plan & trading system Apply risk and money management techniques Maintain discipline Of course, learning and building knowledge and patience is necessary but if as a trader, minimising loss isn’t a priority, you can end up with...

It is beneficial to understand past data movement, so you can figure out which direction it could move in and place traders that could give you maximum results. It’s not possible to accurately predict it every time, but you can analyse and scan the market. If you make a mistake, you can rectify...

I agree. All the listed qualities are important to become a successful trader. Also, a successful trader adheres to the rules strictly. They are committed, realistic, and have immense self-control. They do not chase the market rather wait for opportunities patiently.

Welcome to the forum my dear. Wishing you all the best for your journey.

In the last week, the price of Bitcoin has decreased further. So, it is hard to tell. We can expect more fluctuation in the next ,months. At this point, nobody can tell us anything. Just hold your coins. It will recover but nobody knows when that will happen.

Three are thousands of cryptocurrencies. However, not all of them have the potential to make it in the game. So, avoid investing in random cryptocurrencies. Please conduct thorough research and then make a call.

Bitcoin can never go to hell! It's still my favourite crypto. It can happen that its price may go down but bitcoin will come back soon in no time.

It has a strong community that is committed to its success with a low price point, which makes it accessible to a wide range of investors. Also the technology is sound and has a lot of potential.