Recent content by helodear123

Scalping is only good when you know what you are doing otherwise it can blow account within no time.

Demo accounts should be traded for a minimum of six months at least before moving to live trading account in my opinion.

Indicators can be used only to see the lagged information so they can be helpful to conclude better decisions like oversold or overbought market.

Fundamentals and technicals should be considered while doing a strong forecast in my opinion.

Successful traders always keep a trading journal and review their mistakes occasionally for any possible improvement in order to stay on the top.

Opportunities take time to appear and that is why traders have to wait for them to make profits from their trades. Thats why they have to wait for such oppotunities with patience.

Trade only when the market conditions are highly favorable and wait for those conditions never rush to make money or else you will only lose.

One important rule and that is never lose your capital always take those risks which you can afford to lose.

Investment options comes every single day provided you know how and when to invest in order to make money so if you do not know how to make money by investing then start learning it first,

Money management plus risk management is needed in becoming a successful trader, besides we also need focus and discipline i guess you are right.

Yeah mostly traders lose money while some lose more while chasing their lost money its better to learn from the mistakes and let go off these loses in order to become a successful trader in future.

Its gambling if you are trading without any clue of the market movements in my opinion.

Still brokers are able to update their terms and conditions any time they want so better to polish our trading skills and reducing our risks.

Another interesting fact is that the gold is also doing in the same direction of USD and BTC. Perhaps some more interesting facts to be seen this year in my opinion.

I believe only trading a demo account or paper trade whatever the circumstances unless you fully learn and understand the markets.