Recent content by stanley_west_56

It can definitely be intimidating to get started, but after getting proper knowledge to manage that, forex trading is also very rewarding.

It takes time to start trading, but if you are finding trouble in manual trading, then copy trading is a good option. For a while, I tried learning trading, but couldn't get my head around the technical concepts and which strategy to implement, so I switched to copy trading with Zulutrade. One...

Some traders don’t understand that it takes time to do well. They often lose out because they are impatient and want to make money quickly.

Sometimes strategies doesn't work in favour with me because a lot of external factors are involved like forex market change, an unprofitable trading system & emotions like anxiety, fear & lack of discipline.

Thanks for sharing will check it out!

I think traders should create their own trading strategies based on their aims and risk appetite. They can use demo accounts first to backtest their strategies for being sure.

Oh great! Thanks for sharing this.

Has anyone tried copy trading here? Can a newbie earn from it?

Yes, I agree.

Maintaining motivation during financial trading can be a challenging. During the times of low motivation levels, it is important to realise that our own psyche helps or prevents us from achieving success on the market.

Trading on a demo account help you to understand Forex market changes & in creating your own trading style. Once you feel confident enough you can go with live account.

Tracking trading performance helps to determine what’s working, what’s not working, and what to improve on.

Discipline, consistency and knowledge makes you successful in the market. One should start with understanding the basics of forex in detail first in order to succeed.

Happens buddy but I have realised with the passage of time, losses are a part of trading...just try to learn from your mistakes and do not repeat the same mistake again.

I consider myself an ambivert and a firm believer in learning. In forex, proper education is really important for successful trading and risk comes when you are not aware about what you're doing.