Faisal your message is correct. But why you posting an old thread that has discussed already before 5-6 years.

New Trading Guide for the New Year (Need Help Testing)

Avoiding is not a good practice, I admit it. But sometimes you have to avoid some trading habit for avoiding loss. It’s a part of trading.

Copying losing strategy in reverse

I don’t support demo account for practicing even though you have appreciated this trading approach. Traders trade in demo at random without analysis; as a result they can’t acquire something. So it is more important to take live account for the ...

New To Forex and Need Advice!

Demo trading is just time passing and not too much effective to acquire something for the traders who are especially beginners. Micro account can be used instead of demo. They can keep concentrate strongly because of real money.

broker for newbie

I have never found at any New Forex trader who made 5K. it’s really magical , because mostly are loser from here. By the way , what was your trading strategy and money management ?

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

Fundamental analysis works in news trading than technical analysis. But as a newcomer it is quite difficult to ensure most powerful analyzing Fundamental knowledge which is really supportive to earn profit during news. That’s why new Fx trader ...

Why I trade Forex? Hbu?

When you will be a pro trade by your own experience, you also will not share the account you have. Its common and part of professionalism.

Why some succesful traders show bets for free?

Before using leverage it is more important to ensure how to manage risk , because leverage contains huge risk for all time. they should trade in low leverage in micro account for avoiding loss, otherwise they can fall a great trouble when market ...

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

but after having a great loss it is quite difficult to keep motivation especially for the newcomers. As a result 90% are loser . that’s why we have to always focus on practice and patience.

Following bad traders as a strategy

To ensure successful trading life with consistency really difficult and a long time process by manual trading. So generally traders lost interest to keep great patience. But it’s a part of real trading. by using automated trading system you can be ...

The most basic profitable trade system or EA for beginner

I think there is no trading strategy which is able to earn profit 100%. You can earn profit by means of your trading approach hugest 55-65%. True fact.

38 consecutive wins, 0 losses = win?

Yes, no way to deny. When a new forex trader kicks off demo account with large amount, he can’t control the motions and trade at random. As a result , lost confident and learn nothing.

I'm new Heeeeeelp

It’s not appropriate to depend fixed rule, if we want to survive in a proper way. it is really important to gather keep pace with this markets movements. Sometimes the rules you have can be changed. it’s really depends on the situations.

Did it ever happen to you? you had to change rules!

In order to me, it’s not a big deal to calculate how much pips you can earn . the main issue is consistency , that’s a big challenge and we can’t maintain this for all time when trading practically.

i want only 1 pip everyday

I agree, broker just make sure a trading platform but besides this, they are able to affect the result of our trading. So we can’t ignore the importance of right broker choosing.

When to know what to trade

I am a part time Fx trader and that’s why to trade monitor at all times is quite difficult , for that reason I have to depend on Stop Loss trading strategy , I can’t think trading without SL which always save my equity from huge losses.

Do you use stoploss?

We joined in this trading place because of earning money hugely. But after passing sometimes we can realize how much difficult this one , so before entering in here beginner trader should know the reality . it can support them for avoiding loss.

what is the basic thing that we should know???

It depends on the situation, as a newcomer I was profitable in demo account with Bollinger Bands but in live trading I didn’t get the result as like demo. So I had to change the trading system. It’s really difficult to depend fixed trading system ...

Did it ever happen to you? you had to change rules!

Yes , I agree. Thank you for nice calculation

Can a grid trader survive?

Right , when market moves at random you could not close your order and if there is no SL , then your trade obviously will face a great lose. So, for avoiding loss it is more appropriate to use SL at all times. It’s a part of real trading discipline

Do you use stoploss?