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Yeah and for that i practice meditation which is quite helpful.

I agree. Even i prefer using as less as possible.

Its not been too long that I started with them , but so far I have made 3-4 withdrawals and received all in time. With e-wallets, even got em within 2 hrs. Execution speed is good too, no major slippage experienced yet.

I think both are important. Traders need to have correct and complete knowledge to trade well and a good broker is a must too so that trading can be done in proper conditions.

Hi all. I am in search for a good reliable broker (regulated) to start my trading career. Do not have much specifications, but yes would prefer ones with low commission and easy fund transfers ofcourse. Have been checking two brokers so far, ICM and Fxview. Anyone who can give me a better...

Good knowledge Passion and skills for trading Enough practice Good control on emotions These are the factors that have a big hand in determining your success in forex trading

If you are a new trader, your first step should be to explore the markets well and research properly. Also, use a demo account to test your knowledge and strategies and then go start with a live account. Do not directly risk you funds in the market.

Being patient is the key. One irrational move and your funds are gone. One has to handle his/her trades with a lot of patience and discipline.

Yes the risks are less in long term, but I think at the end, it all depends on how one trades. Many long term traders also fail as they lack proper knowledge.

Yes cryptos are not that popular when compared to forex, may be because of the legality part or improper understanding.

Yes, comparatively long term trades are safer.

Greed is the biggest enemy of any trader. Trade wisely!

Leverage, if used, has to be handled very careful while trading. A little irresponsibility on the trader's side and the whole account can be blown.

I agree. Even I play around 1-2% risk only. After all funds are at stake and we all got to be careful.

Agreed! Patience is something that every trader has to have if he wants to achieve success.

That's completely right! Many directly start live trading, which is wrong. They are unaware of the fact that demo trading is really important to know the practicalities and basics.

I agree with you, it all depends on how we handle the market moves.

Do you use stop loss regularly while trading?

Demo trading is a good way to start, it helps traders to have a good insight into the markets without staking any real funds. So I would say demo trading is good.

Exactly and that is the main thing that prevents traders from earning profits.