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There really is no right way.... what is right for me is not going to be right for you... everyone sees the market differently.... so one must learn how they themself sees the market and what makes sense... listen to other traders as you can learn a lot from them.... some of what they say...

Yes it happens a lot to a lot of people... generally I think it comes down to how you are placing your stop loss.... is it too tight/short.... may need to give a bigger stop loss.

Indicators do work... but one should not rely on them as every indicator is lagging.... meaning that it is reflecting market movement that has already happened... It is up to you the trader to determine probability of the trade. The indicator gives you an indication.... but you pull the...

The volatility of the forex market makes it impossible to determine which pairs are most profitable.... and with that comes your risk tolerance... and discipline to trade your trading plan... all pairs can be profitable essentially.

Yes Forex Trading is real and profitable..... The thing losing traders don't do is proper money management... do not discipline themselves.... do not have a trading strategy and hop from one strategy to another...... and do not have a trading plan, plan your trade and trade your plan...

Every trade carries risk... EUR/USD , GBP/USD and USD/JPY might give you the best opportunity to make pips.... but you still must be disciplined in your trading and trade your trading plan to the letter.

Many factors to consider... risk management is key..... but one of the things I find hardest to master is being very disciplined... waiting for the right time to get into a trade.... following your trading plan.... Plan your trade and trade your plan.

I think scalping EUR/USD or USD/JPY on smaller time frames would be the wise place to start with a small account and trade lot size of 0.01. That may not seem like a lot but it will grow faster than you think.

Top 5 indicators for new traders I would say are Moving Averages.... Bollinger Bands..... Relative Strength Index (RSI)..... Williams % Range ( It can be very easy to use)..... Stochastic Oscillator. These all can be used very successfully by themselves, but even more successfully if one...

I would suggest to a new trader..... eur/usd, usd/jpy, tighter spreads with these two... Aud/Usd is also a decent one to trade.... it moves slower but moves quite steadily most of the time.

Pips for profit takes a bit of research on each traders part.... I find that one can achieve a nice amount of pips trading usd/jpy, gbp/jpy, eur/nzd, usd/chf. eur/usd and gbp/usd can give pips but can be finicky at times as well.