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I believe that many people tend to confuse the term 'professional'. Actually, professional trader is a person whose main income comes from trading and it doesn't matter whether it is a good or a bad trader. THe same is about professional footballers: they are people who earn money playing...

Demo account is something that really helps traders to understand whether trading activity suits them or not. Of course, novices should pay attention to demo account because the process of learning trading always implies practicing on demo, nevertheless sometimes there are situations when demo...

If we speak about recognizing weaknesses, then I should say that this thing shouldn't be related only to trading activity. You have to understand that this thing should be related by other activities and actually your life. When you recognize your weaknesses, mistakes or stuff like that you...

I suppose that you always have to choose only reliable and responsive brokers, otherwise you will fail in trading activity. One can statet hat brokers don't matter in trading activity at all, while I claim that a good broker is almost a 50% of success in your trading activity. In my opinion...

Of course there are no such activities in our life which can make you real rich suddenly. Every activity whether it's a business or another activity requires lots of time and efforts in order to provide yourself and your family with everything you need. I suppose that those people who always...

Everything depends on what you mean when you say trading software. In case you speak about expert advisors, then I think if you're a rookie then you would better stay off the idea of using them, because in my opinion it's kinda unwise to trust your funds on initial stages to robotic...

This question reminds me of 'What is the best asset to trade?'. Come on, all the timeframes are just the timeframes, it depends on you and your trading strategy how to use them. Surely, I should say that you'd better to use several timeframes at a time in order to have the clear-cut idea of what...

I believe that the only thing that a newbie can learn from demo account is how to work with the trading platform in a more or less efficient way and stop confusing selling and buying. However, beginners can learn how to trade only by practising the real trading.

I agree with such point of view like not every human can be a trader, however I think that the phrase should sound like "not every human can be a successful trader". Traders may be unsuccessful. They just can start trading activity, to trade for a little bit and then lose all their money. Such a...

In order to make consistent profits, you need to have some idea behind your trading. Before doing this or that deal you should have a clear cut idea of what to expect from this deal, what are the factors which point to the fact that you are right by doing this deal and what is plan B to hedge...

TIming is important but it can be different and it depends on the trading strategy and expectations. I mean that it is not necesseraly that a trader spends the whole day so that he should press the right button the right second. It is not always so. Surely, a trader should seek for the entries...

Essential article for those who are new to trading. I wouldn't call it a trading strategy but a trading plan. Working out a personal trading strategy requires huge knowledge in economics and trading along with very rich experience. However, trading plan must be followed during the trading...