Maintain trading rules and regulations for bringing success. You have to be dedicated and focus on multiple trading strategies to get a better signal. Right broker choosing plays a vital role.

How did you find success?

Newbie traders lose due to lack of their proper knowledge and they are highly unwilling to learn. They like to dive into trading directly without practicing on demo account. So, they need rectification of this habit.

Why do Newbies Lose?

Don’t take too much risk in your trading. Signal generation will be possible for you when you know the exact ways of using indicators. Earning knowledge on how to use indicators properly should be the first and foremost target of traders.

why forex is so risky?

Mt4 trading platform is the mostly used trading platform by traders. The tools on this platform can be easily understood. Mt5 is rarely used trading platform.

MT4 Trading the GAP With Excel

When newbies see they are losing consistently, they lose their motivation. So, I always suggest traders to avoid over-trading. Use a regulated broker for better trading.

How do you newbies not lose your motivation?

Yes, demo trading should be preferred before trading on live account. We mostly don’t do it and directly jump into live trading. If we do so, we can’t prosper in our trading.

Is demo a step before real trading?

Stop loss should be used right 10 to 15 pips away from the buying position. Traders mostly skip using stop losses in their trading, which leads them to fail ultimately from the market. So, be careful about using stop loss in your trades.

Do you use stoploss?

2022 was so much bearish, I believe the same! But I don’t expect the bullish moves everywhere!

2023 year

Eventually, the intention is the same! In Forex, traders are making money based on their trading skill instead of their intention!

How to make every trading week profitable

No, Stop loss is the best way to manage the risk ratios! I am not against the hedging, but it’s not a good option for the general traders!

Hedging Because You Don't Want To Lose

The holding time of a trade is directly connected to the trading styles! Swing traders need to hold their trading positions for a while; so it’s not a bad option! On the other hand, scalpers need to close their trades within short period of time!

Are you looking for motivation/inspiration?

Of course, it’s all about the quality or ability! And I see, most of the successful traders are able to wait such a long time for their next trade!

How to make every trading week profitable

Mostly gamblers using the high trading leverage, Forex is all about mindset so when you are using high leverage for quick money, you are trading actually!

Is high leverage really bad for traders?

I see, most of the time when we have such a long trendy market afterwards the market creates a big rang! In addition, range trading is also profitable!

Win in Trend and Win in Range

That’s the speed; quality is much more important rather than quantity! I believe, one good single trade position is enough here on each week!

How to make every trading week profitable

I have the same plan; 5% is my maximum monthly target but I believe anything is possible here! On the other hand, I am more conscious on money management plan rather than money making!

1% to 3% Per Day? All things are Possible

You are absolutely right; trading signal can’t be a permanent choice; most of the scammers mainly offer this kind of marketing service!

News trading discussion - continuation

Of course, supply & demand is such an important calculation here! Besides, we can identified the demand & supply zones by support/resistant levels!

Why it is possible to predict price movement?

Are you taking about News categories type or anything else? In this case, till now Forexfactory is the best one, and it’s totally a free tool!

News trading discussion - continuation

In reality, you can’t sustain here with a fixed trading setup; this market is random! That’s why, end of the day most of the trading EA’s are valueless!

Good or Fake EA