Yes, selection of a broker is a crucial step, which definitely has good role to play in any trader's journey. Deciding on one, must be done after doing good research and testing only.

Isn't 3 years too much of time? I mean many traders excel before that as well, depends on everyone's skills and knowledge I suppose.

Yes, that's one of the biggest mistakes that newbies make. They want to make quick profits without nay major hard work, which is kinda impossible here in forex.

Fore sure, planning and discipline are two prerequisites that every forex trader ought to have. Even if you aren't so disciplined in the beginning, but if you take trading seriously, this market will make you better at it gradually.

That's right and such things have become too common nowadays. One should be quite careful while dealing with any new broker, whether it is trustworthy or not.

Well, according to me you should have reviewed your strategy long time back. Sticking to a plan is good, but if its not paying you equally, there's always something that needs an amendment. Better, re-frame the stuff yourself, so that next year ...

There can be many reasons behind a trader losing. Some of the major ones are choice of wrong broker, unsuitable trading style, no proper knowledge, less/no control over emotions and improper risk management.

Well that depends how is the trader trading and after how much preparation and research. Earning in forex is a little difficult as it takes certain skills and learning, but blowing your account takes a sec and this mostly happens due to the under ...

For me , most imporatnt is maintaining discipline. For most of the times I've been penalized by this market, my emotions were the main reason for the loss. This is why, I make it a point to keep a control on my emotions now and stay disciplined ...

I might be the odd one out here, but I don't have any playlist for my trading time. I hardly listen to any music while trading, like to keep it quiet and calm

Over trading and over trading!! Please don't fall prey to this one, can take you so so close to losses at times.

Anything that has money involved, will definitely come with some sort of risks. Forex is risky no doubt given the type of volatility it has. Also, it is too vast to know it completely, many traders are at a risk of falling short of plans and ideas ...