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i equally divide my account into two parts . and one for long term trading and another part for short term trading like scalping. and from my little experience i see that the long term trades...

that's very dangerous my friend , as a trader we should accept our losses. and must have to give up the tendency of revenge trading. we should always open our trade according to our equity and proper...

i think the first quality that a good and consistent trader must have is patience . if he is not patient then he will rush for the trade and make mistake. and the second is knowledge or willingness...

i believe most trader losses money because of greed and fear. and also for some hope of unrealistic return. they expect that they will be rich in overnight.
and not putting stop loss in trades .

i am a technical , and i use ichimoku.. its a powerful and complete system.
and their is every strategy that you need. but i never neglect the major
fundamental news, as they can change the trend...

typically i set the leverage for my account 1:100. but when i am trading i trade that i have a leverage of 1:50.
that's just my way of giving an extra cushion of protection. so that i have the...

it never happens to me . as i never open my trade without stop loss. that's my 1st rule always place a stop loss no matter how confident i am about the trade.
if i can servive then the profit will...

it really depends on my system. sometimes i took several trades on the day. sometimes i am on a trade for a week or longer. generally i trade almost everyday . but avoid the monday and if their is...

i am currently using 1:1000 leverage. i know using high leverage is too risky. but use it only to give more space for my trades. typically it holds 13 pips for locked margin , then 500 / 100...

i just want to share my own experience as a beginner. first i study for some times to learn how to trade , what to look for , basic knowledge about forex. then i go for demo trading for some times to...

i don't use indicator except daily pivots. i only trade with the support and resistance. and my chart is only made of horizontal lines nothing else. i wait for the price to break or touch a level...

i am not that lucky for my mistake. actually i never let the mistake trade on run. sometimes i mistake of opening position by closing profit manually . so i close the deal immediately before it is...

if there is no big news ahead then this is the perfect market condition for small scalping only 5 tp with every trade. but should be very cautious and have a good money management for odd...

i don't think its a wise decision to take a 200 pips stop loss for only 10. the risk reward ratio is 20:1. so if only one of your trade hit the stop loss. then need another 20 profitable trade only...

i think its safe to deposit over 50,000 with a broker. if you can not trust the broker then you can open a segregated accounts , where 70% of your balance is kept in your preferred bank account , the...

generally i spend 4-5 hours in trading and roughly 2 hours at the beginning of london and US session. but when i am not busy like weekend i spend 10 hours to see the market,trade , analysis it in...

we need luck in gambling not in forex trading as it is not gambling. it is experience and proper knowledge which is counted in forex. and the trader who mainly depends on luck will surely blow his...

when ever a break out happen... either in breaking resistance or support , the price will always retest the zone.if a false break out happen then the market will come in ward the level. and a...

i have lost roughly 180 dollar in my one account. and i also blow some other accounts in many brokers that's not that big averaging 8-10 dollars. now i am stable and haven't blow a account since...

moving average is a good indicator. but i use it only for long term trend recognition. for support and resistance i use daily pivot points , weekly pivot points and monthly pivot points. plus the...