I started with Oanda which is a highly regulated US broker and performed great. Im currently using kot4x which can slip at times but I like the leverage better
I think the most important part of discipline is having a set take profit and stop loss before entering any trade. If you have at least double the reward versus risk you stand to have a chance of being profitable
Ive never actually had a bad broker experience. I started with Oanda which is a highly regulated US broker. Im currently using kot4x which is easy to deposit and withdraw using cash app and has 500:1 leverage
Free education is usually more harmful than helpful. It can also be a crap shoot paying for education as well. I believe having a mentor is essential for success
Should always have a strategy before entering a trade (set stop loss and take profit). Should also have a set win or loss amount for the day so if you exceed to quit. This will help prevent revenge trading if you are losing
We are guaranteed to lose trades. Risk management is critical to be successful. Ideally should never enter a trade unless you have at least double to reward to loss
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