If we try to get rick quick through forex trading then we will only lose more in this process. I was in a hurry in first 14 months of my trading career, but I didn't make any money. From there I started defensive trading and by doing this I started ...

Can you get rich quickly from forex trading?

I don't believe on this saying, its a kind of act that if we keep on trying to do we will only lose our money. Don't try to picks bottoms and tops. If you try to do that your account will be wiped off rather quickly.

"buy low and sell high"

Its true that most of the traders are losers but what is the main reason for losing. In any other profession we get good training so that we can perform well but in forex trading, as there is not much restriction in opening and funding account, many ...

95% traders go broke, only 5% survive

My main trading style is swing trading on daily time frame. The reason is that even if you get 6 - 8 trades per month, you can easily make 400 - 500 pips because 80 - 120 pips is a normal return on daily time frame.

What time frame do you trade and why?

The lack of knowledge is the real reason for traders losing in forex market. Many don't even know how to draw a horizontal line in their charts and they are ready to invest in their real account. So in this situation, the result will obviously be ...

Why are most of the traders here failures?

The only problem that many traders face is emotions. You have a good system using which you can make money and also consistently, so all you need is a good trading plan and then strictly follow it no matter how tempted you are to enter any trade.

Need suggestion to improve skill

A 1 : 2 risk to reward ratio is must in my view. But if you are trading as a scalper or inter day then it is not a must that you can achieve this ratio in your every trade. Trading in higher time frame can make this possibility.

Risk:Rewards & Some experience on trading

I don't think that any trader can only rely on luck for his success in forex trading. We need to have skills, which only comes after proper knowledge and experience and time spend in real market as trading.

Need luck or skill for trading?

I agree with you, we can transform a non-trader person to a good trader by teaching him about forex market. So it is possible that a person who has no knowledge about forex trading can become a good trader, there is no need to have some gifted ...

Gifted Traders?

For earning consistently in forex we need to make ourselves good traders. Emotionless and fearless traders earn consistently from trading. This level of perfection can be achieved after a long time of experience and trading.

Earning Consistently In Forex

I myself not earning much from trading but I do have a lot of friends in my face book friends list that are full time traders and they make huge money as profits each and every month. They make huge money and live on it.

Is anyone here earning a living, just with forex trading?

Some good traders show enough kindness to give free signals but soon they turn their service to paid one when some newbie traders starts enjoying their signals. Its like an advertising act from them.

Does a Free Signal Provider Exist?

As a trader, we should keep this in mind that finding a method that gives us 100% result is actually wasting time. Instead we should find ways to improve risk to reward ratio and money management.

How to get 1-5 pips with 100% win ratio?

My main style is swing trading but as I have some spare time during the day time so I do some inter day trades as well. Some times I also perform scalping but I like the swing trading the most.

How often do u trade?

I had seen several of my friends that are striving traders, including me, that we don't try to develop any strict rules for our trading. We trade randomly like heard an odd news about any currency and we open a position, saw a pin bar formed in any ...

Why are most of the traders here failures?

Most of the majors give clear price action signals. Its because as they are traded widely, a huge number of traders go with those signals and trade in line with that price action signal. So market tend to move in that flow.

Top currencies that gives clear price action

I mostly trade on daily time frame so when a new daily candle is formed, my time of trading is at that time. But some times I also take some inter day trade on four hour or hourly chart.

How often do u trade?

Demo is indeed very important in a trader's career. If you practice hard in demo account then there is not doubt that you can make good progress in your real trading as well.

Is demo a step before real trading?

I will strongly recommend that you should stop your search for any EA and you should start training yourself to become a good trader that can trade manually. Because trading profitably on EA is not possible on longer term basis.

Searching for profitable EA

I agree that such a high percentage of traders can be losers in forex market. This is because so many face the problem of not having a proper mentor-ship that causes them keep on trying on their own and in the process, they lose huge amount of money.

The 95% of losers, it's true?