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Without completing your course (whether it's some online course or books) on forex trading, and without consistently practising on a demo account, you cannot expect to make a profit out of forex trading. Demo trading is “THE” most important part during learning. When you practise in a demo...

The russian-ukraine war definitely has had a great impact on the forex market. The EUR and other currencies in the continent of Europe are becoming weaker day by day. The winter months have put to it a greater sense of fear because of the energy deficiency. The death of the Queen, and fast...

You can learn how to trade forex for free by having a practice account. This is because trading with virtual money allows the trader to put their training into practice without having to risk any real money. Since learning and practising your craft extensively is a prerequisite for success in...

Success in forex trading requires tremendous efforts and deep knowledge. It also takes emotional balance, proper training, market understanding, a strategy, and a reliable trading plan. However, it is not for the faint of heart. You need to be risk-tolerant when trading forex.

Just because you’re always on your screens, that doesn’t make you a successful trader. Rushing through the process has never been beneficial to anyone. First, spend time learning by reading charts and making subtle moves. Traders who manage their emotions and analyse the market well will live...

People who want to trade forex should test out various strategies and time frames to determine what works best for them. There are many effective strategies, but what works for one person may not work for another. For me . scalping works the best.

I get upset with myself rather than the forex market because I am the one to blame for my losses, not the market.

For part-time forex traders, like full-time forex traders, it is crucial to use the right leverage and the right strategies. Without knowledge, nothing works, so traders must be knowledgeable enough to trade forex.

Sometimes, it is not possible for a robot to help you trade the way it is intended to. There might be times when it can even ‘deceive’ you on account of a technical glitch. Therefore, learning how to use manual trading in the best possible way is crucial.

Professional traders are well-equipped with the best trading knowledge and experience. They strive hard to gain that knowledge and experience. Professional traders are able to utilise their trading knowledge to the best of their ability and how to make things happen for them. Even in the most...

I think emotions only overtake when we are not trading with a clear mindset. Those who enter the trade with proper strategies and planning won’t easily get distracted by the emotions.

Every trader enters the market with a hope of making consistent profits, but not everybody knows and gives in the amount of hard work and discipline required. That’s why there are only a few consistently profitable traders in the long-run.

Most traders ignore the trading psychology part and shouldn't do that. Ignoring trading psychology makes it difficult for anyone to trade because without trading psychology, it is not possible to understand the market and its movements. When trading becomes difficult, it is only through the...

Good knowledge is useless without experience, but when combined with good experience, it can do wonders. Beginner traders frequently enter the market with limited knowledge, but as they gain experience, their progress as traders accelerates.

The majority of traders do not fully comprehend the market. It is advised to learn as much as possible and practice in the market. It will undoubtedly polish your knowledge and skills to a professional level, allowing you to make money successfully in the market later on.