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I adapt strategies based on market conditions and trends.

While forex can be challenging, it's not necessarily a waste. With dedication and learning, traders can improve.

I feel only practice and skills can make you win in forex.

Prior to choosing a suitable broker which meets my trading needs, my concern is about regulation because that's very important before we start trading.....tried a few brokers in past but only aaafx and tickmill have made me satisfied with their strong regulations, and trading conditions.

I also like this pair along with EURUSD

Similar thoughts SaadBinToha, I also believe that the right knowledge lies in upgradation with the new learning, the growth stops where the learning ends. So one should always have the passion to learn more by analysing the market efficiently.

The first step to make profit is to have discipline in learning and trading. We should know what we are actually performing after analyzing our previous trades and by consistently working on it to improve our skills, only then returns can come.

The fact that we can make mistakes even after experience, as you mentioned, really clarifies our knowledge and practical execution. Like in trading we can gain as much knowledge as we want but until we try it out and learn from our mistakes it brings no good.

Demo trading gives us a good understanding of how to trade and helps us understand how to execute a trade based on market patterns, where to place a stop loss, and how to take profit. Assessing the risk and balance of your account by understanding how to size a trade, how to use stop loss...

Beginners tend to watch trading charts for hours at a time and randomly flip through time frames on the hunt for a good trade.The professional traders have a detailed trading plan and knows exactly what he/she is looking for and when he/she is going to trade they always have a predefined...

We should always take rational decisions in forex trading because with the potential pool of solutions within oneself, we miss the chance to boost our thinking. We can enhance our rational decisions by analyzing the market moves and by discussing major news events and their impacts with...

Sometimes even professional traders lose and what I have figured out is that losses are inevitable. It only happens when they are driven by emotions during trading and sometimes traders also rely on randomness like if something worked once in trading the next time also it shall show the same...

You cannot look for shortcuts if you want to succeed in trading, in order to accomplish anything, we have to learn and practice, someone said it rightly- ‘Shortcut is the longest distance between two points’ which clearly means if we try to cut short our efforts for quick success the longer we...

There are some risks involved in forex trading like leverage risk, Interest rate risk, and these all can be avoided with prior knowledge.We know that small market movements can bring big impact on the trading market so one should follow risk management like cutting down on capital when required...

We should always remember the fact that working in the direction of growth should never stop in order to be a successful trader because consistency with upgradation of learning along market trends is really important as it helps in depicting the market closely with the basics we already own in...

Nothing beats your willingness to control emotions while trading, it's the ultimate game changer in trading because with lack of control over emotions in trading is useless as losses become certain.

Yes, you’re right, without any self analysis one can never actually know where they are heading, for me the only thing which actually works in a trading market is the right knowledge and its practical usage in our trades by studying the market.

Technical expertise and hands-on tools aren't enough. We also need risk management and strategies to analyse where the market trends are heading.

Yes, taking a break is better than just trying hard and losing money. You can learn from scratch again and can come back to trade instead of completing getting off the platform.

I feel profit will always overpower the loss, so be it small or huge: profits are profits. We should trade with an optimistic mind which follows risk management because in greed of more returns we sometimes land into losses which pinch us rather than low profits, so make wise decisions when it...