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Forex is a global market which is served by different brokers. If you don’t have sufficient trading knowledge, I will suggest you to invest a small amount first.

No strategy will give you 100% profit. If you are in loss, don’t be so sad because losing money is a regular occurrence in Forex but don’t quit Forex for this reason because it’s all about foolishness.

Your knowledge should encompass everything including candlestick knowledge. Keep candlesticks in your educational program because they are also indicators.

Discipline goes missing from trading if traders don’t follow proper risk management policy like lowering lot size, trading in small spread-consuming pairs and flexible margin level.

Forex is like a sea and to catch fish from this sea a person needs holeless net and a boat and knowledge plays that role. Make sure your trading knowledge should encompass every area of trading. The more leverage we take, the more the trading risk is.

A professional trader never grows worried about his trading whatever the result is. Bear in mind Forex is a great opportunity for you if you can make the best use of it. You must start with a reliable trading broker.

To ensure triumph, you have to sweat a lot. Earn knowledge first by watching videos and apply those obtained knowledge on demo account. Rectify your wrong approaches of trading to become profitable ultimately.

Make Forex market a reliable earning source for you. Forex can be profitable for you if you trade maintaining discipline.

Forex’s risk depends on you so you should minimize your trading risk level. During choosing a broker, we shouldn’t only consider its regulation and facilities rather we should also consider whether the broker supports the specific type of trading that we follow

We are excited and never consider our capability and position. Don’t jump into live trading without earning knowledge and skill by trading on the demo account. So, patience in trading is a must. If you can be so, you can win Forex trading.

In forex trading, using the stop-loss (SL) method involves setting predetermined price levels at which to exit a trade if the market moves against the intended direction. Traders employ SL to manage risk, protect capital, and maintain disciplined trading strategies.

News trading in forex involves capitalizing on market volatility resulting from significant economic announcements, such as employment reports or central bank decisions. Traders analyze the impact of news events on currency pairs, aiming to enter and exit positions quickly to profit from...

I find the major difference between real and demo is in confidence. In demo account, I can hold a trade for a long time without fear but in real account I don’t have that confidence.

In forex trading, managing market uncertainty involves using risk management strategies such as setting stop-loss orders, diversifying portfolios, staying informed about global events, and employing technical and fundamental analysis techniques. Additionally, maintaining discipline, flexibility...

For practical decision making, practical knowledge is essential to have. Practical knowledge can be gained when traders practically descend down to trading.

Sometimes we grow worried when we fail to come out of consistent losses and we feel at a loss. What do you do you at that time?

It's advisable to invest in forex with funds you can afford to lose, such as idle or extra money, rather than relying solely on hard-earned savings. This approach helps mitigate financial risk and reduces the potential impact on your overall financial well-being in case of losses.

Adjusting capital with potential advantage involves calculating risk-reward ratios. Determine the amount of capital to risk per trade based on the potential profit and loss. Aligning capital allocation with favorable risk-reward ratios ensures optimal utilization of resources and enhances the...

Forex demo contests and competitions are simulated trading events where participants trade virtual funds in real-time market conditions. These contests provide a risk-free environment for traders to test strategies, hone skills, and compete for prizes, often including cash rewards or funded...

Forex trading requires a solid understanding of market dynamics, technical and fundamental analysis skills, risk management strategies, discipline, patience, and emotional control. Continuous learning, adaptability to changing market conditions, and the ability to execute trades with precision...