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No. I wouldn't invest all my capital in forex market because it would be a stupid decision. It is always better to distribute your risk by investing in both risk and safe market, so that even if you...

Generally, 80% of the traders blow up their account because of greed. The rest 20 % blow it up because of wrong trade strategies, forgetting to set S/L etc. In the forex market nearly 75% of the...

I think the brokers don't allow scalping, firstly because it is considered to be a risky form of trading. Secondly, at times it could be lose on the brokers end because even before the trade could be...

It depends forex can be a forex sucking machine for a few and a money minting one for the rest. If forex is sucking all your money up, then you should hit back to basics, sharpen your skills,...

As our elders say, you must have a discipline for everything and that's the same in forex. You need to have a set of discipline for your trading, account management, analysis etc. Discipline helps a...

I generally keep my SL at 20-30 pips when i am sure about the trade and when i am not sure of the trade, i set it at 10-15 pips because that saves me from taking much risk. I generally set my SL...

I would say that both are needed equally. I wouldn't like to only earn and not learn, and just learn and not earn because both are needed to grow as a forex trader. More learning helps you earn...

I choose my broker on the following criteria's:
1) Its reputation.
2) Is it regulated or not.
3) Its minimum balance and leverage.
4) Execution Speed.
5) Spread.
6) Customer Service.
7) Easy...

No! Brokers don't know where the market is going. They are also traders like us and even they trade in the forex market. If they knew where the market would go, then wouldn't be brokering because...

Seriously, you just entered the forex market and you want to start trading with 8 lots?. Well any way for your enquiry i would reply that 8 lots would require quite a lot of investment, but it also...

I too believe that demo account is must because its the best arena to test your trading strategies, analysis, etc. Every expert practices because without practice you don't gain anything, therefore...

Violate markets are riskiest to trade. Its very true that evening period's have the maximum price movement, but its risky and only good for scalpers. I generally close all my trades before evening...

HOPE. Seriously, that's one such thing that makes me trade forex even today. When ever i go through extreme losses i know that there will be a day when i will start making consistent profits. I only...

Gold is the biggest spread because its traded heavily on a everyday basis. The price movements on Gold are very huge because of which you can make profit from it if you hold on to the exact market...

The biggest profit i have made in a trade was $ 100. I withdrew it very second i earned it because i knew that if i had that amount in my trading account, i would lose it. After that day i have never...

Forex trading is somewhat like my side business, because of which every little earning i make on it, is great enough for me. And i guess you should be satisfied with whatever profit you make, because...

Yes! Even if i have a job, i would still be trading forex then because i enjoy it more than job. In a job, most the things you do have same everyday, but that's not the same with the forex market...

I generally don't trade after a busy and hectic day because i cannot guarantee if can control my emotions then. If my day goes smooth, then only i prefer trading.

Yes! You can but it all depends on the way you trade and the market volatile. I would always suggest of not expecting such huge returns because the risk is very high. Trade efficiently with...

Till the time you are not confident with your trading strategies, you should practice on demo account. For beginners i would suggest practicing on demo account for 2-3 months on a regular basis.