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Don’t think it’s possible. Even though I don’t have experience with platforms other than Zulutrade or Etoro, I think as long as the platform is reliable and strictly regulated, there is no room for such manipulations.

My goals keep me motivated to trade. Once I started to trade consistently, I became interested in trading, and I now don’t find the need for external motivation anymore.

There are numerous political events taking place around the world daily. And not all of them are necessary. Only those which are massive and will have an impact on the country’s economy need to be studied.

Books are a good source of information so traders should keep an open mind and read to observe the market a bit better. Check out ‘Forex Market Sentiment’ by Daniel. It is a good book so keep an open mind and start learning!

Net profit and maximum drawdown can tell you how profitable a strategy is and how well a trader has managed the losing trades, so these are two most important things that I look into while choosing a trader on Zulutrade. I also copy trade cryptos on eToro, and I look for these two things there...

Yes, why not? Demo trading helps traders analyse their trading style and gives them etiquette to learn how to function right during the trading process. It also allows the trader to backtest different strategies and approach the market in the best way possible.

Trading on a demo account helps one explore the market practically. That is crucial and is a way to educate and get involved in the forex market for live trading. Without education, it is really risky to trade forex and trading without knowledge must be avoided at all costs.

You exit a trade when you feel it has reached the point of profit you’re seeking from that particular trade. Apply strong risk management techniques and set a target profit so you won’t have to deal with loss later.

Yes, while it is a challenge, there is always a way to profit from this market. You have to be familiar with the market sentiment and its psychology as whichever decisions you take will be based on it.

When you buy a new skin product, you always test it to check whether it doesn’t have an allergic reaction on your skin. Then, why don't people do this with trading? Rather than going full-time immediately, test how it will go as a part-time trader. Take small risks and don’t quit your jobs for...

Many traders look for the holy grail in trading. A strategy, indicator, or anything that could help them maintain an edge in the market. Sadly, there isn’t any. So, it’s better if they realise there are no shortcuts. What will take you ahead is market knowledge and forex analysis. Be true with...

The risks associated with forex trading are great. But the rewards can be greater still. When it comes to risk management, a 2% stop-loss is best as it will keep you away from potential downside losses while allowing room for you to take considerable advantage of profitable opportunities.

I basically look for the following factors while selecting traders on Zulutrade: Maximum profit Minimum drawdown Winning ratio Number of followers Rating

Trading in the foreign exchange market can be risky. However, by following proper risk management strategies, you too can beat the market and make money.

If you have deep knowledge of the market then you can definitely make forex your source of income. However, it takes time and hard work to be successful in the market. But with consistent efforts and practices you can achieve your goals by the time.

No, this is a serious question. If you are not interested in learning the rudiments of forex, then don’t even think of earning with forex. Like in every other field, forex is also a field where only knowledge will get you success. And while it is indeed possible to earn in forex without...

Yes, leverage for trading forex is a very popular tool for amateur traders. They use leverage to increase their profit. It does increase their profit, but it also increases their risk of losing the profit. There is no doubt that leverage increases your risk when trading. But what it does is that...

I don’t think anyone enjoys putting their money at risk for no reason. Somewhere, we are greedy individuals who know that forex trading is a good way of making money. We keep trying our methods until we get success.

Losses are inseparable from a trader’s journey. But they don’t always mean failures. It depends on how you take your losses. If you keep improving your trading skills with time, you can change all your losses into wins. Just learn to keep patience.

If a trader wants to consistently turn a profit, they must know money management and risk management. Trading involves risk, which can only be controlled if the trader is disciplined and follows the trading plan strictly.