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Health is surely the most important thing to consider. If our mind and body is not working properly, you can’t function in the desired way. And this makes it difficult to even do the basic chores of daily life. And I think trading requires a healthy mind and body. So, health should be the first...

Without knowledge, even the best currency pairs fail to give the results a trader seeks. Therefore, knowledge is absolutely compulsory in the forex market to get the right results they seek.

It is using the right education, the right mindset, and the right use of the right pairs that is crucial in forex. Sometimes, we have the right knowledge but do not use it fully to gain the best out of it.

I think one can dream big as long as they have realistic goals. Dreams and goals are different from one another. You can dream of making millions in forex as that can act as a driving force to keep you going despite the challenges. But your goal should be something attainable and realistic. This...

The problem with forex trading is that many people enter the market thinking they can make quick profits without any effort. But they end up encountering losses and then start blaming the market and never admit they were wrong. One can become a profitable forex trader only when they have the...

Yes of course it is one of the most crucial steps in the trading journey. Demo accounts are beneficial for both experienced traders and novice traders who want to experiment with trading. With the help of demo accounts, you get to know how the real market functions. Also you get a platform to...

Prior to starting to trade, it is essential to have a firm grasp of the fundamentals. The currencies you plan to trade, the amount of risk you're willing to accept, and the strategies you want to use must all be known to you. You can begin demo trading once you have some understanding of forex...

When I started forex trading, books were my first preference to gain knowledge of the market. Though I didn’t limit myself to books. I took help of youtube, blogs, articles, and various forex forums to diversify my understanding. Apart from theoretical knowledge, demo trading is also very...

Some traders are aggressive, while others are defensive. Some trade with a trend and while others trade against it. Some use technical indicators, others mainly rely on fundamental analysis. There's no one way that works for everyone. You have to find what works for you by trial and error. The...

Yes, it is possible to earn in forex without knowledge. This is why we have so many forex robots available on the market today. This software comes with a lot of features and options that are necessary to make profits from trading. Although it might be dangerous to do so in the long run and...

In order to make the most profits in Forex trading, it is important to have patience. The most successful traders are those who can wait for the right opportunities to present themselves and take advantage of them. When trading Forex, it is also important to remember that there are always risks...

In forex trading, decisions must be made quickly in order to make the most profits. This involves taking into account everything that could affect the trade, from the market conditions to the specific currencies being traded. This can be a difficult task, but it is important to do as much...

A trader has to analyse the market thoroughly before entering it. Then, they should focus on their skills and mindset and align them in such a way that they give them the results they want to see.

Forex trading is challenging for those who do not consider the risks of forex trading, practising on a demo account, and trading mindset. They are extremely crucial to determining a trade’s success or failure.