Actually. I agree with you.

I think grid trading helps traders to understand and evaluate the complex inner dealings of the market and helps in forecasting the changes that are going to take place in the global market.

Realistic expectations and emotional detachment.

I think mini or micro demo accounts can be considered as the viable option when you are in beginning stage of forex learning part as they expose you to the lowest risk possible.

I prefer to trade on majors.

image

You are right. Even I'd choose forex.

image

I started with a small amount $100 and converted into a big amount with lots of practice and experience in trading.

I think the reason why short term trading is difficult is because you get less time to make decisions and hence you may end up taking bad and wrong investments decisions. Plus it is quite difficult to keep emotions out of your investment decisions ...

I have been using FXBrew for quite sometime now. They are reliable and leverage offered by them is up to 500x.

Nice. I prefer to listen to old songs which are calm and soothing to the ears and and let me concentrate on trading.

Nothing comes easy. However, if you want to earn good amount of money you can follow some of the guidelines which i have been following like Start with a demo account first, learn to do your own analysis and find a good broker.

Stanley Druckenmiller. He obtained for 1 billion dollar by betting on the German Mark. When the German mark suffered constant depreciations due to political complications surrounding the negotiations for the reunification of Germany, he carefully ...

I turned my small account into a huge amount in six months using the methodology i learned from my training with the stock option coach.

It is fine to open two different accounts with different brokers. Sometimes the trading conditions are offered better with other the broker like low commission, low spreads, no slippage issue etc.

In the real world, one needs to have a high degree of control in order to be successful. However in trading one needs to keep a check on his emotions which is always not easy. There have been many traders who had excellent trading skills but they ...

To some extent I agree on the last line that people who are not that good at socializing tend to have that traits that make up a good trader because at the time of making financial decisions they prioritize research and deliberation. They avoid ...

I was never an emotional trader but one day i found myself stuck and then i realized that it is essential to have a proper mindset and need to apply logic instead of getting carried away by emotions unnecessarily. So, i decided to build a proper ...

One needs to be disciplined and have a trading plan which should not be broken. It helps traders to stay calm while trading and open and close each order without any hesitation.