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I look at news from forex factory or instaforex website. This is where I get information so that I do not make the mistake of trading in the news period. Many expert traders advise that to avoid...

Having the mentality of a winner is what helps to prevent fear in forex trading. It promotes confidence, so that you will have assurance of your trade winning. This does not mean that one or two...

It is a good strategy when you use stop loss to lock your profits but you have to make sure that you are in a strong trend which is making higher lows so that a swing low will not knock out your...

If I open position the wrong way, I will watch it run if perhaps it will turn out to be good trade. When I see it will not become good trade I will still wait to see if I can close at zero price (no...

I have heard of it but not used it in my trading. I think it is called the trailing stop loss and it can lock profit in measures which is set by trader. If trader set range as 20 pips then it will...

With investment of $100 will take profit of $40 weekly. This will give $160 in a month and I will have made double of account and more. Then I will withdraw 50% of profit and compound with the...

it is not a problem to follow the tips of other expert trader. In fact it will help very much the trader if he can follow them as he is trading because he can compare with his own. When the both...

You are lucky I will say at this time because for a trader to trade with no loss is not very possible. Maybe you have made loss in demo trading before and now you have learned well before trading...

Trading everyday help the trader go get acquainted with the market. The days of Monday and Friday are volatile - yes, but it is not always good to avoid them. We can use them to understand how...

There is really no limit to how much trader can earn in a day in forex but it depend on the trader. I earn $4 today so far but I could have earned up to $10 if I leave the trade to continue. That...

I have fear sometimes in my trades and I close my trade too early and not wait for it to finish and get to take profit. I have trade like that now in EUR/USD and I take from 1.2432 but I close with...

Good tips but as newbie when position is in loss panic will always come so when panic come I think that newbie should do first to close the trade before looking for what cause trade to be bad. If...

A bad habit that many new traders do is to to trade without stop loss and without analysis. When they trade like this, they are engaging in gambling and margin call will come to them. We should also...

A trade will face failure in the forex market if he fails to learn from his own mistake. One major stabilizing force of the forex market is the ability to still be in the trading when others are...

I like to learn how to hedging because I hear that it is a powerful resource that can help trade from not getting to margin call. I also understand too that it is quite difficult and need to be...

The maximum lot size that I use is 0.10 lot. It is the way that I trade so that I do not use too much of my margin to trade. My risk is not more than 15% of my margin and I make sure that I do not...

I do not borrow advice or tips but I trade with my own analysis. It is the best way to do trading since you can always learn when you fail. Do not forget however that there are expert in the market...

In terms of luck, it does not exist with forex. No luck in forex but experience, hardwork and knowledge is what works and gives profit. Lazy trader like to depend on luck and that is where failure...

I like the business of forex since it is lucrative and can bring good profits. It is not easy to learn but when learn it very well then trading becomes quite easy. If trader has good knowledge of...

I am running trade now but my lot size is .10 lot so I am very relaxed. I check the trade from time to time but not with tension. I have set a stop loss so I know that even it trade go bad, stop...