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You can check the following books: 1.Currency trading for dummies Brian Dolan and Kathleen Brooks. 2.Trading in the Zone by Mark Douglas 3.Market Wizardsby Jack D. Schwager

True! From courses, signals, to personal dms, they will try to send endless shit that won’t work or we can find easily online.

Have you tried backtesting? If you don’t have a trading journal, please make one. This will help you progress, and try to learn daily from your trades. It will help you grow as a trader.

The combination of Moving Averages, RSI, and Average true range (ATR) works the best for short-term trading.

Thanks! Currency trading for dummies is an excellent book, btw.

Why do you need a trading school if you can find all the information online?There are good forex traders who teach for free on youtube.

Nice! I get distracted when I listen to music. When I put my trades on auto trading, I don’t mind playing some Jazz.

Coinexx is good in terms of spreads and order execution, plus leverage is also high.

As a newbie, your consideration is not to spot maximum opportunities but to perform better in every trade. Therefore, you should focus on manual trading because systems do fail but the method learned on how to behave in the quickly changing market will remain with a trader forever, and will help...

It’s better to build your own strategy after considering: Your trading style Time-frame The pairs you want to trade Your trading goals It should be noted that strategies fall in and out and there’s no strategy which gives guaranteed results. Moreover, backtesting a strategy over the historical...

I agree with you that success has a different meaning for everyone. Not everyone measures success in terms of making thousands of dollars in a week or so. For some traders, being able to make small but consistent profits is everything, while some always strive to make big amounts. We can’t say...

If you have a small account, it’s better to focus on only one or two currency pairs rather than complicating things. The best choice is EUR/USD and EUR/JPY because these are among the most heavily traded pairs which means they are highly liquid and you can easily buy and sell them without...

Demo trading is useful as long as you take it seriously. If you are going to trade on a demo account with a mindset that “losses don’t matter much here, it’s only virtual money after all” then you are likely to take the same attitude to the real account and will fail 100%.This is the reason I...

I prefer to trade economically and politically stable currencies which are highly liquid too. My favourite pairs are GBP/USD, USD/CAD, EUR/JPY, AUD/CAD and EUR/GBP.

It depends on person to person. Getting basic education about the forex market is a matter of a few weeks. However, attaining perfection takes years of practice and hard work. It should be well remembered that learning is a never ending process. If you want to get better at trading and want to...

Are you looking to fully automate your trading? I do use EAs but partially. I notably rely on manual trading.There are plenty of EAs available on the internet, free ones and the paid ones. Before using any system on your account make sure to test it on a demo account then micro account as well...

This is how each one of us are, Isn’t it? We never get satisfied with what we have, we never feel that what we are doing is best. We always believe that there’s something better and always strive to get that but I don’t see any problem in this behavior. It keeps us moving and making ourselves...

If you want to earn a good amount of money without working for someone else, doing everything on your own terms without any restriction of time or place then there’s nothing better than forex trading. By learning the art of buying and selling at the right time you can earn as much as you can...

Only if we get a good mentor. These days it’s hard to find genuine mentors because everyone is after money and has no real motive to impart knowledge. Most of these mentors only teach you the obvious things and don't guide you with the strategies or systems that actually helped them.

I’m good with 1:1. On some trades I do increase the risk to reward ratio upto 1:1.5 but most of the time I like to keep the risk lower. If I seek to increase my risk to reward ratio, I also modify my stop loss to protect the capital and manage the risk on that trade.