Basic level of trading is preferred for newbie traders but those who are expert prefer advanced level of trading. I will suggest you not to make things more complicated because it won’t bring any profit for you.

Actually, I don’t listen to any music during trading because in breaks my concentration. I don’t think that hearing music will benefit you to any extent. However, if you feel gloomy, you can hear calm music to appease your mind.

Moving average is the mostly followed indicator just because it gives traders some trend-specific ideas. Regardless of whether you are a scalper or long-term trader, you can follow moving average to predict the market movement.

We are not on the right trading track because you are not trading in a systematic way. A systematic trading wants several components to be combined. However, traders are mostly confused about what they should do and what they shouldn’t.

News trading is a great idea to reap much gain on the market within a very short time but traders are less capable of news trading. So, a trader better at market analysis can gain more profit on the market.

I don’t like to hear music during trading because what I think is it breaks concentration. It takes away focus from market analysis. Indeed, these music won’t help you gain profit but may bring mental appeasement.

Mt4 is the widely used trading platform. Understanding the mt4 trading platform is quite easier than the mt5 one. You will find all the technical tools available on mt4 trading platform.

Yes, demo trading is a step towards real trading. Demo prepares you for real trading. Many traders don’t prefer demo trading before diving in live account and they are ultimately failure from the market.

Repair your mindset first because it inspires traders to make wrong decision. Study the market more and more to uncover its mystery. Don’t ever think of over trading and revenge trading because they will harm you ultimately.

Yes, demo must be the step before live trading. Even though the account is funded with fake capital, it is helpful for expanding profit. Our negligence to using demo account leads us to fail on the market.

Some months will go bad but don’t worry about it. You have to learn how to recover your losses. The stronger your trading tactics are, the higher your profit ratios are.

Maintain trading rules and regulations for bringing success. You have to be dedicated and focus on multiple trading strategies to get a better signal. Right broker choosing plays a vital role.

Newbie traders lose due to lack of their proper knowledge and they are highly unwilling to learn. They like to dive into trading directly without practicing on demo account. So, they need rectification of this habit.

Don’t take too much risk in your trading. Signal generation will be possible for you when you know the exact ways of using indicators. Earning knowledge on how to use indicators properly should be the first and foremost target of traders.

Mt4 trading platform is the mostly used trading platform by traders. The tools on this platform can be easily understood. Mt5 is rarely used trading platform.

When newbies see they are losing consistently, they lose their motivation. So, I always suggest traders to avoid over-trading. Use a regulated broker for better trading.

Yes, demo trading should be preferred before trading on live account. We mostly don’t do it and directly jump into live trading. If we do so, we can’t prosper in our trading.

Stop loss should be used right 10 to 15 pips away from the buying position. Traders mostly skip using stop losses in their trading, which leads them to fail ultimately from the market. So, be careful about using stop loss in your trades.

2022 was so much bearish, I believe the same! But I don’t expect the bullish moves everywhere!

Eventually, the intention is the same! In Forex, traders are making money based on their trading skill instead of their intention!