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Being psychologically strong is one of the needs in trading. That means ability to control the greed and by doing so controlling the number of trades and identifying correct moment to close the...

yes, too many opened positions will create a possibility to cancel the account if the trader continue to incur losses. This is due to incorrect market analysis and being too greedy. But still hedging...

I believe forex can't be started with out investing money. But one can start it with a small amount like $20. In this case the trader should be extremely cautious not to open too many trades, in...

Age does not matter as long as the trader has the passion for trading , required knowledge and adequate experience to survive in the market.But certain brokers request their traders to be above 18...

It is true trader can learn from trading. But the cost of learning will be incurring losses which traders do not like to experience. Therefore it is better to learn from demo account and trading...

Forex market gives more opportunity to earn compared to stock market where you need a higher capital. In addition to that stock markets may easily be manipulated by the stock brokers, but it is...

Different traders have different preferences in terms of the currency pair based on their intentions. But as a beginner I am going for a pair which has a small variation. I do this because to avoid...

As a beginner one should start trading with demo account to identify the trends,what are the currency pairs suitable,size of capital to start with, size of lot to open etc.......Apart from that...