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Many newbies make silly mistakes like forgetting to take rest to refresh their minds and come back with new ideas. It is understandable that everyone enters the market to make profit, hence determination and hard work is necessary to achieve the desired goals.

Traders should spend time learning about the market sentiment in order to find their own sense of trading style. Each and every individual is unique in their own way and that dictates how long they will succeed in the market. They need to have a strong foundation of basics. It takes time to make...

When traders apply their theoretical skills to practicality, they will realise the risk involved and they can revise their plan and move according to the trend in the market that they chose to follow. Getting to know the market sentiment is a huge bonus as they can tackle situations on their...

These are some great tips for beginners to go through before starting out. The one I’d like to add is how easy it is for newbies to get lost in the market because of lack of knowledge and understanding of market sentiment. Also, they should not copy other traders, they should find their own...

Without understanding the base of the market's nature, it is almost impossible to hope to win profit rewards. You need to have good analytical, management and strategizing skills if you want to survive longer than most beginners do. Focus on learning more than earning at the start. Profit is...

Platform is free to use. Costs depend on the spreads and commissions charged by your broker. Though you need to maintain $100 in your zulutrade account.

There’s no catch but copy trading is not as simple as it seems. It would be wrong to believe that you’ll always win because obviously success is not always guaranteed. If you want to be profitable, you need to constantly keep a check and reshuffle.

There is no way that you can avoid losses completely. But there’s surely a way that can help you make the most of the market movements so that you are not making big losses.

Don’t rush your trading career. It will take time for you to develop a market understanding and make the most of the movements. So, better take as much time as you feel is needed to develop a market instinct.

Mostly on the weekend, I like to relax but also keep a note of any important news or policies that may break in between and can fundamentally affect the market.

No, the ranking is done based on various parameters including max profits, number of winning trades, maximum drawdown, etc. You can check the performance on different timeframes. I usually consider the performance for the last 6 months.

People keep searching for strategies because one strategy does not work for all traders or currency pairs. A strategy is to be chosen based on the currency pair you are trading, and what fits you best. There are many strategies available on the internet, but I feel like it is best if one...

It may feel stressful to those who don’t follow set rules that keep focus and maintain discipline. It can be challenging if you don’t have the basic knowledge and patience. Decisions taken should be well analysed and must result majorly in profit returns.

The fact that you can exchange multiple currencies at the same time in different time frames is what is so unique. Everyone, everywhere is constantly investing in the market. With the right strategies and rules, you certainly can make good profit on a short term basis.

I generally keep on experimenting and don’t get rigid when it comes to currencies. But if you ask me my go to pair then it's always GBP/USD.

Discipline and consistency are two traits that will keep you running and profitable in the long run in trading. Discipline not just brings ease in what you are doing but also brings precision when you are trading. Thus when you are disciplined your chances of making the right decision increase.

I generally try to lower the stress by taking a little break and not taking anything too seriously. As in the end all trading is meant to bring a stress-free comfortable life.

@adrienneadams I don’t have any experience with PAMM accounts but I’ve used copy trading service on Zulutrade and from my experience I just wanted to update you that traders have to show their previous performance on these platforms. They are even ranked on the basis of it. It’s a pretty...

This is very obvious that without skills no one can be called a professional. Being professional itself means that the person knows things better than others do. Professional traders are in the game for a longer time and are successful in making profits.

Ofcourse, forex trading is challenging because it is highly volatile. There are a lot of factors that contribute to the fluctuating value of a currency. However, this does not mean that you cannot be successful. With the right amount of hard work, smart work, dedication, and consistency, you can...