That's right! Maintaining record is too important, to avoid confusions and later issues. A trader stays more controlled and sorted if a good journal is in place.

Turnkey forex is another good option. Accepting Canadian clients, trading conditions are also good.

Agreed! Emotions cause a trader have major losses in the beginning. Newbies got to handle many things because of which confusions are common to occur. It is better that a trader stays careful and tries to make a balance between everything, that will ...

Turnkey forex

Agreed! It takes a good long time to excel in forex. Has so much to know and learn, one month is definitely less of a time. But having said that, the actual time can vary from trader to trader.

Traders shouldn't depend on a single source for knowledge. Forex is vast and so is the information to be learned. It is best to diversify and expand the scope of sources that one uses.

Agreed. The research part is of great importance here.

Check Turnkey Forex. Leverage up to 500X, $2/lot RT commission and it is open for US traders.

Many say that meditating helps in improving patience while trading. Anyone here, into meditation?

It is possible no doubt, but only with consistent efforts and hard work. Without putting in efforts, becoming rich is impossible, not only in forex but otherwise too.

Turnkey forex is also good option. Haven’t faced any slippage issues, trading conditions are good. And yes they accept US clients.

Practice is the key and keep researching. Because the more you learn, the more confidence you gain about trading and your strategies.

That's right! It is always better to start low in the beginning.

Best word is more of a myth for me. Cannot decide on a single broker, until and unless one has given it a try with multiple brokers. So explore two or more brokers and compare the trading conditions before going live. Some that I would suggest are ...

You can use stop loss to minimize your risk, basically manage risk with this tool.

Knowledge plays the most important part for me. If a beginners has no knowledge about this field or lacks in the learning part, then forget about profits, he won't even be able to do anything in the correct manner here. So, for any trader, having ...

Yes, you are right. Being updated with what is happening around is very important for a trader. One must keep things like these in mind while formulating strategies before we trade.

The Intelligent Investor is a good one.

I would never recommend someone to take a loan for trading. I mean talking about the risks that this field has, I don't think it is good to stake borrowed money here.

That's right! Hard work, education and practice, perfect ingredients for a successful trader.