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Margin is the difference between the total value of an investment and the extra amount borrowed from a broker to purchase an investment. In forex trading, any margin level above 100% is considered good according to me. It's calculated as the ratio of your Equity to the Margin you're using for...

The most common mistake traders make is to rush into trading without understanding the fundamentals and tools. This can be very risky without having the hold of knowledge.

That’s a nice quote, Even I follow it.

I can totally relate with you that we can only get better with consistency, Earlier I used to not understand my weak points while trading but consistency really helped me to get clarity of my doubts in trading.

We should be fortunate about our lives so that we can cherish every moment of existence and of course trading . Someone told me about this- Every trade is a battle and winning battles requires preparation. And since uncertainty is the only thing that’s certain about the markets, one should learn...

You can consider the following points to build motivation while trading: Don't compare yourself with other traders Be realistic when it comes to your trading expectations Don't forget to take a break from time to time Keep in mind your successful moments After a successful session, reward yourself

I have heard alot about dave matias books since now it’s coming up here too,I will surely give it a read to enlighten my knowledge more with the forex market.

I Would like to stay in Hungary and Australia as they are very beautiful and if we talk about the trading aspect then they offer a good understanding of the Forex market and many traders in number trade from these places.

A person's best trading strategy comes from their own experience over time, so it just requires self-analysis and practice. Also, one should have good knowledge, as it is wisely said by someone- ‘Risk comes from not knowing what you’re doing’.

The planning for a trading session through the analyses of a profit or loss by trade journals are all aspects of the trading process that a beginner gets experience in. If traders have access to a demo account, they can practice trading using it for virtual money and not worry about the...

Yes I believe the same, consistency is important to get great results as trading only comes from learning. Sometimes it's just not our day or you can say luck but nothing beats the practice and hard work of a trader.

That’s true, You can keep a trading journal software to keep a track of your trades as it helps to boost your trading performance.I’ve read in many articles that professional traders always monitor their trading performance which, according to me was a crucial step to determine their success.

I totally agree with you that major pairs are not risky. There is uncertainty in exotic pairs. So I prefer major pairs and specifically eur/usd and usd/jpy are my top picks.

Yes, I agree learning and trading side by side is a challenge but with great challenges come great learning.

Thank you, I am not really a rules based trader but I like to do scalping on 5 minutes time frames. What advice would you like to give me?

Traders also need good skills in context with discipline . A Good performance trader is totally inclined for being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working...

Yes I agree, There is a lot of information and helps us to clear our doubts.

It was when I first started trading and made profits on a demo account. My beginner self’s aha moment.

Trading breaks surely helps but some things which work for me to get over trading losses are as follows: Accept losses. Review your position and lots. Review each loss. Recalculate your stop loss levels Review your exit strategy. Control your emotions. Use a trading journal.

Both newcomers and experienced forex traders should remember that the keys to success are discipline, practice, and knowledge then only one can stay in the market with desired skills.