Every pair has its own unique movement pattern and characteristics. Sometimes it seems they are all moving to the same direction and every pair has its own chart and price pattern.

FX pair differences?

Forex trading could be a good investment if you have necessary knowledge and skills. Without skills and profiting abilities trading is a good place to lose money quickly.

Is forex the best investment?

Any course gives us basic understanding of trading. You can take course to analyse the charts. But success depends on how you understand the market. Course is a helping hand but doesn't guarantee you success.

No One Should Ever Pay For A Beginner Course

It's not the system that causes the losses. It is how we use the system that causes the loss. No matter what strategy they use, most people want to trade everyday even if there is no set up according to the strategy.

the greatest strategy for losing money

Systems do not lose money. It's the use of a system that lose money. Every system works in a specific situation. That's why patience is important. We have not wait until our system shows the trade. Follow the system. Don't make the system follow you.

I want a losing system

People know that they need skills but they are not willing to give time in learning. They become restless to make money that after few months demo trading they jump into live trading. Then their run for a ready made strategy begin.

I need a mentor!

Yes plan is very important in trading. But to make a plan we need the understanding of how things work in forex trading. That's why gwtting knowledge is the first step of trading.

New to Trading and Forex

Yes only emotions are different in demo. We also should use demo for different purpose as well. To test our strategy demo is the best place. We should not risk our money by testing the strategy directly into live account.

New to Trading and Forex

A system becomes simple when we understand it completely. There is a very deep link between a system and our mind. Something you just know you can't express it in words. When your instinct and system merge it becomes simple one.

Is There Any Simplest Method To Success In Forex?

One should not do scalping unless he/she is skilled enough. They should have well control over their mind. Most of the time scalping leads to over trading and a bad habit.

Best scalping strategy

EA can be good if you can male it by yourself with your own strategy. Using other's EA is like playing blind. When we have no idea what we are doing, too much risk is there.

Forex Robots

I think first they should focus on learning. Most newbies start to run for strategy. They ignore the fact that for successful trading one needs deep knowledge and understanding of the market.

New To Forex and Need Advice!

Stop loss is important if you are a short term trader. Otherwise if the trade goes against it will wipe out the account. But using the stop loss is not an any task.

The StopLoss...

To select a pair for trading we need to know more about that pair. Every pair has it's unique movement patterns. We can learn that by watching charts regularly. It's a lengthy process.

Selecting a currency pair to tade with......

Unfortunately that's what most newbies think and do. With a few month demo trading by using few indicators, they jump into real trading. They don't search for knowledge they search for something ready-made.

Forex Basics

Yes there are some days it happened. Recently it happened with me. I was watching chart and it was like I'm not getting anything. Now again that phase has gone.

trading Mental block

Yes there is no alternative to risk managment. It's not possible to be right 100% of the time. That's why we need to manage our risk so that we do not incurr big loss.

Need Risk money management advice - I have 85-80% winning Rate!

Most people believe that the more complicated a strategy the better it is. They get impressed by colorful charts and think wow this must be something awesome.

Why are we afraid of simplicity?

Yes to be expert in the art of trading, there is no alternative to knowledge and skills. And it takes time to achieve it but most people do not try to understand this fact. They waste time looking for short cut.

simplicity in trading

Yeah but before doing live trading, one must acquire some knowledge and skills. Otherwise it would be no benefits. Most new traders start live trading just after few months Demo trading.

New to Trading and Forex