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The currency pair to trade that is both the simplest and most steady is EUR/USD. It is the greatest option for both experienced and beginning traders. Due to its low spreads and high liquidity, this currency combination is among the most popular ones.

Just because you are profitable from your kind of strategy and place of learning, does not mean everything else is shit. I have been trading for more than 2-3 years now and I make consistent good profits. I learnt from books and free courses. Also my strategy is very simple, nothing too complex.

There are no foolproof strategies on the market that guarantee a 100 percent success rate. However, the price action trading strategy is a tried and true strategy with a success rate of 75% or higher.

One wise thing you can do is to learn from your mistakes as recovering the lost money is not possible. It will assist you in identifying and correcting your errors. This strategy will help you become a better market trader over time.

It's extremely unlikely to find a genuine forex trader on social media. It's likely that the people making extravagant claims and profit guarantees are con artists attempting to swindle you out of your money. A sincere forex trader will offer tips and guidance but never try to convince you to...

I think you should rely on your own mind instead of an EA. Read and watch videos to gain familiarity with the market sentiment. Spend time analysing the market and strategize accordingly. Manual trading is the best way to go long term wise.

I don’t believe in the holy grail but this one seems to be an interesting thread. Has it worked for anyone? If it has, do share your experiences. Thanks!

I find this strategy to be very effective in forex trading. The Ichimoku cloud is a technical indicator that can help you identify opportunities and make better decisions when trading. I would say it is good for short time frames like 1 min to 4 hrs. It can be used alone in trading or combined...

Learning is the most crucial part when it comes to forex trading. Forex is a highly risky business and a trader who doesn’t know what he is doing is bound to lose. Having appropriate knowledge and skills are very important to trade the market profitably.

The best time to trade is during the overlapping of the NewYork Exchange and the London Exchange. Avoid trading the market when liquidity is very low, this can cause significantly wider spreads.

The fear of losing money is common among traders. However, if you adopt a trading mindset and learn how to manage your emotions. Then things will be different, and trading will be easier for you.

Thank you for your insightful post. Excellent trading advice, very helpful.

Don't be concerned about your lack of knowledge and expertise. Forex trading is a profitable skill. It is learnable and, when done correctly, can help you make an unlimited amount of money in a small period of time. Good luck.

You can learn to trade forex on your own. However, if you feel you need a mentor for better learning, you can learn this way as well. Take caution when looking for a good mentor because there are far too many scammers and fraudsters who defraud people and steal money for useless courses and...

Good luck with that! I know it can be frustrating to learn everything from scratch. But you have to be patient and take your time to learn anything. I hope you can find success this time.

Hello there, I would suggest you read some good books to figure out the right way of trading on your own. Because every trader is different and has different trading goals and getting it right is a lot of trial and error for every beginner. Just pay more attention to risk management to minimise...