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Trading with the right mindset is crucial. Trading on a demo account will help beginners learn about the market without losing anything. It will help them improve their trading strategy and work towards it without losing anything at all. Experimenting with what works best is essential in trading...

There are three types of pairs–Major pairs, Cross Pairs, and Exotic Pairs in the forex market. Currency pairs that have low spreads and provide high liquidity will be more profitable & safe for you. You can consider EUR/USD and other Major pairs. But first of all, you need to study about them...

My biggest mistake was taking forex lightly. When I was a beginner, I used to think making money was going to be tremendously easy and I would become a billionaire in no time. Though I learned my lesson and worked on my skills for a long time. Now I always trade with a plan, keep emotions out...

It depends on one’s dedication and hard work. Some People need 6 months, some like to study it for a year, some will be learning for more than a year.

Hello and welcome to the forum! I am glad to have you here. Good thing is now you have answers to all your questions :)

Yup! I love forex trading. Although the beginning of this journey has been quite rocky and bumpy, once I even blew my account, but we are humans after all. What matters is how well you learn from your mistakes and not repeat them. For me, I learnt my mistakes quite well, and was more careful and...

Acceptance is the first step in overcoming the anxiety of losing money and trades; even if we strive to avoid it, we will inevitably lose money and have losing transactions. Therefore, it makes no sense to strive to prevent losing trades; instead, we must learn to accept them and control them.

A basic trading plan comprises guidelines for entrance and exit, as well as risk management and position sizing. The trader may add extra restrictions to manage when and how they trade at their discretion. Building the correct trading plan will also allow you to have an organised approach to...

Here are some tips that might help you - Define your objectives and trading style. Brokerage and trading platform A Reliable Methodology. Establish entry and exit points. Determine Your Expectancy. Small Losses and Focus Loops of Positive Feedback Conduct Weekend Analysis. Have you actually...