- sjohson replied 8 hr ago
Why so? How the type of broker I am choosing is related to my account capital?
- sjohson replied 30 hr ago
What about spreads and commissions?
- sjohson replied May 5, 2021
Yes Gambling is present in any activity, taking risk without having any surety of return is part of gambling, but still forex trading is different from gambling. Here actually we learn and then trade to make profit.
- sjohson replied May 4, 2021
Thank you, I have started trading a few months back so trying to be in profit always but the market is unpredictable and ends up in losses.
- sjohson replied May 3, 2021
I am a trend trader. I believe that market trends are the drivers which help to make profit.
- sjohson replied Apr 30, 2021
There is no shortcut to become emotionless, just do not focus on money making, focus on learning, if you are in loss do not get upset just analyze your mistake and try not to repeat it again in future.
- sjohson replied Apr 29, 2021
Consistent profit is hard in trading, I am just a newbie making losses more than profit.
- sjohson replied Apr 28, 2021
Most of the trader fail because of lack of knowledge and no control over emotions, they even don't know when to enter and exit the trade.
- sjohson replied Apr 27, 2021
Forex trading is a long journey, where you will fail a lot, but if you make it to the end you are surely gonna win. Try to learn from your own mistakes first, donít repeat the same mistake again and again, make a good trading strategy, with time you ...
- sjohson replied Apr 26, 2021
You can start learning forex from online sources like youtube or you can refer to books also like currency trading for Dummies. Or babypips is also one of the good options.
- sjohson replied Apr 23, 2021
The most common reason why newbies lose is because they want to make instant profit and do not want to learn, also they do not have control on their emotions, they treat trading as gamble.
- sjohson replied Apr 22, 2021
When you are disciplined, you are able to control your emotions, you trade with a proper mindset, make a good strategy and then trade which helps you to prevent unnecessary losses.
- sjohson replied Apr 21, 2021
Yes, I use stop loss as the market is very unpredictable and to save myself from major losses. It is the safest option to save yourself from blowing your account.
- sjohson replied Apr 20, 2021
As I am a newbie, I do not have so much exposure to trading so every time I open a trade I fear whether I will remain profitable or go into losses. I always wonder whether my trading strategies are working or not. Never Mind even if I lose I try to ...
- sjohson replied Apr 19, 2021
Market is not the same all the time, it is highly unpredictable, you just need to know about the trends and place trade according to the trend.
- sjohson replied Apr 17, 2021
I have read Currencies trading for Dummies by Brian Dolan it is one of the finest books for beginners.
- sjohson replied Apr 15, 2021
A successful trader is one who makes profits regularly, and donít have fear of losses.
- sjohson replied Apr 14, 2021
There are people who start trading in order to make money instantly, but they do not want to spend time on learning this is why traders lose money.
- sjohson replied Apr 13, 2021
will it take so long to win? I am afraid, may be I will lose my patience till that time.
- sjohson replied Apr 12, 2021
Just started trading. I practice it on demo, i know i need to study a lot about trading, but yes I am enjoying it. Donít know about the future.