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- Deepak.Dubey replied Oct 14, 2020
It's completely normal to become frustrated and rant before peers who can understand what you are going through. The year has been difficult for everyone in more ways than we can count. I hope things get better for you.
Strategy rant
- Deepak.Dubey replied Oct 14, 2020
Any broker who is posing trouble in the withdrawal of your amount, no matter how little it maybe, should be completely avoided.
Withdrawal advice
- Deepak.Dubey replied Oct 14, 2020
Sound practical advice. Paid trading courses offer what is already available for free over the internet. Not to mention they are quite expensive.
Where can I find mentoring???
- Deepak.Dubey replied Oct 14, 2020
Correct and this causes traders to grow aversion toward the market and label it as something where everyone is doomed to lose their money.
reasons why traders lose
- Deepak.Dubey replied Oct 14, 2020
Demo trading is different from live account trading but demo trading is an essential part of learning to trade.
Is Forex reliable?
- Deepak.Dubey replied Oct 14, 2020
There is no good or bad luck in trading. Just good and bad decisions.
Trading Rituals and Superstitions
- Deepak.Dubey replied Oct 14, 2020
I agree with all aspects. Make sure to demo trade and make sure to take demo trading seriously.
Demo vs Live Account
- Deepak.Dubey replied Oct 14, 2020
You know what they say, "5 pips a day will keep the creditors away".
Greed and how many pips is enough?
- Deepak.Dubey replied Oct 4, 2020
That's true. You can make a few random profits every once in a while but in majority of the trades, you will be losing thus being in a loss altogether.
Why you still lose
- Deepak.Dubey replied Oct 3, 2020
Trading without leverage - you are taking away the very reason that attracts traders to forex.
why forex is so risky?
- Deepak.Dubey replied Oct 3, 2020
The last option is actually quite crucial. It forms an essential part of learning about the skill to trade.
Things a trader should never do
- Deepak.Dubey replied Oct 3, 2020
I think one common mistake that many beginners make is making a wrong decision while choosing a broker. One has to make due research before finalizing on a forex broker whose service they want to avail. I use Forexchief.com for their fair trading ...
broker for newbie
- Deepak.Dubey replied Oct 1, 2020
1. Hoping a negative trade will become favorable. 2. Not analyzing the market before trading. 3. Not improving your strategy from time to time.
Things a trader should never do
- Deepak.Dubey replied Oct 1, 2020
Don't wait for a negative trade to turn into your favor if you keep it open long enough.
Got advice for a rookie?
- Deepak.Dubey replied Oct 1, 2020
I was speaking in general terms. It is true that there are traders who have been trading for a decade or more and still aren't profitable.
How many years to become profitable?
- Deepak.Dubey replied Oct 1, 2020
Swap is the charge applicable when a position is held open during the night. These charges are not from the broker but from the bank institutions and the liquidity providers.
What is a swap?
- Deepak.Dubey replied Oct 1, 2020
If you open trade positions purely randomly then it can be compared to roulette.
Trading like a Casino
- Deepak.Dubey replied Oct 1, 2020
That's actually a good way of looking at the amount of risk involved.
Practice
- Deepak.Dubey replied Oct 1, 2020
Forex is dynamic and unpredictable. It's next to impossible for anyone to make profits all the time. There is an element of risk involved in trading, sometimes so much so that it is inevitable. Successful trading is all about minimizing the risk and ...
90% of traders lose money! True or False?
- Deepak.Dubey replied Sep 29, 2020
All major brokers do. However, you should ask the broker that you're currently using.
Introducing broker