Selecting a decent broker for online forex trading is very important. The broker ought to be a decent one that can satisfy your need. Great spreads, good regulations, quick execution of trade and personal help these are the most imperative things to ...

Strategy works but not every strategy works for everyone. What works for you, may not work for me. A trader needs to find a strategy that works for him. It takes a lot of time to test strategies.

To make huge amount of profit you need a professional mindset and skills. Without skills consistent profit is not possible. Most traders forget this simple thing. They run for strategy without making themselves knowledgeable.

How much you spend is not matter to make money in trading. Even scalper can good money if he or she has good knowledge.

Higher timeframe gives more accurate information than lower timeframe. However, timeframe depend on trading strategy. If you are a scalper, you have to go for lower time frame like M5, M15.

As a new trader, you need to know both analysis perfectly. Without proper knowledge, it will be quite tough to make money from this market.

Forex can be a good option of income if you have enough knowledge about this business and about this market.

Forex market is the place where you can earn a huge amount of money with your knowledge and experience.

I think most of the traders lose their money in the forex market because of their low knowledge and experience.

Trading techniques and strategy is the main route to success in the forex market. If you want to make money from this market you have to make a good plan From your post a lot of new traders can set their plan.

Scalping is the strategy which is taken by mostly new traders. They use this strategy to make money quickly from the market.

Don't trade live with huge money until you know what you are doing. Know your stuff very well. Be enough skilled. There is no short cut. It takes time to learn the art of trading. Don't have unrealistic expectation.

It’s not possible to get right 100% percent. First question you can ask what went wrong. Sometimes it’s wrong analysis, sometimes it’s early entry, sometimes it could be emotional. Find that make a note of it and try not to do that again.

If you want to build up a good and profitable career in the forex market, you need to have the mental strength to handle all the difficult situations.

I think choosing the wrong broker is the main reason to lose the money by most of the traders in this market.

That’s absolutely true. New trader should focus on learning rather than make money.

I prefer higher time frames like H4, H12. They give more accurate information than other lower time frame.

Demo account is best way to learn and practice no matter what market you are in. Every investment market has its own risk. So, invest with caution.

I prefer higher time frame for get more accurate information. I use often use H4 and H12 time frame for day trading.

Analysis is important in forex trading. However, I prefer both fundamental and technical analysis. Both has equal values.