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Indeed. Sharing thoughts with fellow traders gives you another level of confidence.

I agree with that.

However people need to know how much to diversify. Over diversification is bad too.

True. We should rather learn from them and make sure they never happen again. At one stage one can't afford to make silly mistakes.

Yeah right. So what are your favorite hours for scalping?

Seems like even i have to read this book now...

Risk means the probability of undergoing a loss for me.

Well masters of crytpo is a good forum to learn about cryptos. I have been following it lately. And coming on to some good books, i have read “Crypto Tokens The Ultimate Step by Step Guide”. Its a good one. Must try.

Well no, i don’t believe markets are random. Every move has some reason attached to it and hence price moves in a certain direction. Though some factors maybe quite uncertain than others but calling these markets random won’t be right. There is logic behind every price move.

Well risk percentage will depend only on your risk tolerance. For me the daily risk rule is not to exceed my risk percent for the day in any case.

I agree just an understanding of concept is not enough to be successful in trading. Its only with practice that you will be able to make consistent profits and in fact even that will take time. And yes a trading journal will allow you to view your trading activities and take better decisions for...

Buying and selling bitcoin is pretty easy. Ill attach an article underneath here that you can refer to for understanding the process. And yes you can buy on margin and some brokers do protect your bitcoins through insurance policy as well. You just need to look for the right broker for that...

I agree, both these accounts are different. The purpose of a demo acc is to familiarize a trader with the trading platform where he can test his strategies before going on a real account. Also, your real funds are not invested in a demo account, but when u trade on a real account, you actual...

Babypips ! I started my trading career through their forex courses. They are available for free. they have a complete guide on forex. Apart from that , you can read some good books on Fx like “forex for beginners – Anna Coulling”. Just take the process slow as forex trading is not an easy thing...

They represent how two currencies are related to each other and express their relationship as +1 or -1. Forex correlation helps traders to formulate better trading strategies and take sound decisions. Knowledge about currency correlation helps traders to reduce risks ,hedge and diversify their...

I would say practice ! Practice makes a man perfect and that's your key to success in trading forex.

Yes of corse, block chain is a great technology and is here to stay. It is going to change money and business for sure. It has a bright future. You can refer to this article here. https://bitcoinwarrior.net/2019/01/how-the-blockchain-is-changing-money-and-business/

I think the right attitude would be to learn from your mistakes always and never give up. Also, never let others de motivate you or your trading style. Trust yourself and have faith in your trading strategies. Have a positive mindset and always learn from your decisions. And remember hard work...

Successful traders always avoid emotions, always formulate a trading plan and know when to enter and exit a trade. Apart from that , they maintain discipline and take time reviewing their trading activities/decisions , revisiting their past decisions and make new and effective strategies

I agree. I would say my 18 year old self to not waste time in unnecessary things and start gaining knowledge on forex trading. Forex is a great way to make money and starting off as soon as you feel grown up is the best thing one can do . Since it takes a lot of time to get a hold of forex...