It's the most common phenomena. Most of us come into forex by thinking it's the easiest way to make money online. With very minimum knowledge, we start to trade with real money. We think few months demo trading and a ready made strategy available on ...

Still losing

Yes possible. But the question can you be a professional. Unrealistic expectation added with possible least time cause a lot of problems. Being professional is not that easy. Most people behave unprofessionally. Within few days or months they want ...

Can YOU make money as a trader?

I don't think it is important to get paid for forex course when the web has made it simple for us to learn it. Despite the fact that there may be a few preferences if some paid for the forex course yet to I simply don't think it is fundamental. ...

Online Trading Courses, good investment?

Actually risk percentage depends on many factors. How much you can tolerate is a factor. It also associated with your winning ratio. A trading strategy is a combination of all factors according to your skills, capital, risk tolerance power. You have ...

Why you should trade 1-2% of your account on a trade!

Yes following trend is very good. But market doesn't stay in trend for long time. But yes if you are trading on small time frame, you may get small trend. And finding the early stage of a trend is the most difficult task. You need both the technical ...

Trend following discussion

Yes possible. But the question can you be a professional. Unrealistic expectation added with possible least time cause a lot of problems. Being professional is not that easy. Most people behave unprofessionally. Within few days or months they want ...

Can YOU make money as a professional trader - Redux

Making money consistently doesn't mean you have to make profit everyday. It is a long term business. When you are profitable over a year and so, you can assume that you are making money consistently. In one year you see almost all type of market i.e ...

How to make money consistently trading forex?

On paper making 1000% a year is very easy. But in practical it is the most difficult task. You have to be super skilled. Renowned hedge funds of the world make 10% to 15% a year. You better try your luck on lottery. It's the easiest way to get rich ...

Best High Risk trading in Forex?

Different traders use different indicators and systems. From by experience I can say that looking into what others are doing only creates confusion. If you want to be a good trader, learn how a indicator works, how to modify it. You have to find out ...

Help needed for Forex newbie

You better research on it. So far I have seen most of the gaps get filled. Sometimes it takes longer time but usually it get filled. It may vary depending on pairs. But as we Know there nothing is 100% sure in forex trading. The best option is- ...

Gaps

It depends on the setup. How can you use specific stop loss all the time. No matter what time frame you use, there are some support and resistance. Yes could be a maximum limit. Like any set up that requires more than 200 pip stop loss, I won't take ...

What stoploss do you use?

Spend that time for learning. For actual trading you do not need that much time but for that you have to learn to trade on D1 chart. No matter what strategy you follow it doesn't take much time to find a good set up. Either there's a good set up or ...

Part Time Trader

I think at some point almost all traders face this problem. You have to make a clear vision. There is conflict in your mind. I mean you have conflicting thought within you regarding profit target. There's restlessness in you as well. You have to ...

I can't get rid of my bad trading habits...

I do not have any daily target. And I also do not support the idea of daily target. Market does not move same way everyday. It varies. When you put condition that I have to make that much money, you tend to make more mistakes. It is not possible to ...

What is your daily profit target

Of course low leverage is good for trading. Besides that risk management is very important. How you are managing your risk that's also very crucial. For newbie I think they should not risk more than 2% of their balance. Remember you need a ...

Is it good use high or low leverage as a beginner?

Volume Price Analysis by Anna Couling. Wow. Great book indeed. I also like this book. It helped me a lot in my trading. But only this book can't help you don't have good knowledge on candlestick. And said hedging system is a kind of martingale. You ...

Hedging Because You Don't Want To Lose

I don't think there is such thing as seasonal forex pair. Forex market mainly moves based on financial development and other factors of the said country. And the economy of a country may not perform in same way as it did the previous year. For me I ...

What is your best seasonal forex pair or stock to enter now?

You have to adjust with the market flow. If it is an indicator based strategy, obviously it won't work in different market. Suppose your strategy is for ranging market, it won't work for trending market. You have to modify your strategy. That's the ...

Win in Trend and Win in Range

Yes trading is really hard unless you master it. It's not a thing for people who are not willing to learn it. And skills don't come in few months. You need good amount of time and dedication for learning. Most people come to trading with a hope of ...

Is trading really that hard?

It's the usual newbie thinking. Nothing wrong with that thinking. But the problem is how to know that it is really going down or up. Here comes the importance of knowledge and skills. Trading is all about probabilities. With available data you have ...

I blew my account today!