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50 pips per day would be very much big target for me. But I believe that many strategies are capable to give more than 50 pips per day. In simple try you can try multiple pairs with same strategy for...

Yes. It's most required thing that we need to be disciplined when ever we touch forex trading. I tried with 0.01 lot size without my trading plans just test my greed and booked loss. So, every trade...

Well said. From my opinion leverage has nothing to do with our loss if we do not allow our emotions to play. If higher leverage make to go for higher lot size means then going with greed will not get...

Having another plan and reacting according to current market situations are professional approach and I'm also aiming for that. As per expert's advice we must need plan-B. But being a beginner I just...

Buying till get the profit is kind of old technique known as Averaging. The main drawback of this technique would be large requirement of capital. Buying should be taken where market gets reverse, if...

From my experience with demo trading, we need good trading strategy with fixed target price and stop loss price for scalping. The strategy we choose for scalping must not make us to wait and it...

But I see forex as another business which can provide me some consistent earnings. I'm not looking for quick earning as making money in a consistent way is my aim. Most of the experts find forex as...

Good to see that making small profit without greed giving a trader the full job satisfaction. Trading with discipline would give any trader the satisfaction. I just learning things in demo account...

In my view, lot of materials available in internet to learn about forex trading. But all those things have been summarized in this forum. So learning about forex would be much easier if we make use...

The basic requisite of forex trading is so wide. It's a list of all the aspects of our life. What ever things one person needs to lead his life smoothly then a trader requires all those things for...

Not only mathematics, you might need each and every aspects of life needs to be applied into forex trading that too in extreme higher level. That's the beauty of forex trading. This is because forex...

From my experience I have improved my emotions control and keeping track of past performance these kind of capabilities due to intensive forex trading. As forex requires wide range of basic...

The reason for why I'm here and trading forex is to make my life easier and to achieve my dreams into reality. I agree forex trading is hard if we do not have proper knowledge. If we work hard in...

I tried last week's all 5 days to end up in profit but I was not able to do. For me daily profit is not that much easier as I see market conditions are ever changing and unpredictable. But I see some...

I'm using 1:1000 leverage from my beginning of trading and I find it's more useful for choosing desired lot size. Because I do not just decide my lot size just with leverage, rather I will go higher...

Learning is the only way to earn in forex trading. I do not know how it would be better than earning. Learning and earning closely inter related in forex system. You must learn more knowledge to earn...

In my tradings, I just aim to gain only 1% of my capital by risking only 5% of it. By taking 5% of risk from my capital I have 20 more chances if one of my trade goes wrong and if I succeed I take...

The most common mistakes among all traders including experienced traders would be failing to control emotions. Yes the failure of controlling emotions might ruin total trading plans and our trades...

If a forex beginner has done enough practice in demo account then the chances for his success is very high. At the same time, if we just risk his capital by directly touching the live market then he...

If I trade as per my trade plans then definitely I will be a millionaire in near future regardless of where these market prices head. Yes, the only requirement is I just need to follow my trading...