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I personally support copy trading, especially for beginners. Profiting from the forex market doesn't have to be complicated. Copy trading is an excellent option for new traders to profit by selecting a suitable master trader that matches their risk tolerance and trading objectives.

Personally, I think my biggest enemy was the lack of knowledge about how the market works. Another significant challenge is maintaining good trading psychology, including managing emotions when faced with losses or gains.

I think some of the common mistakes that traders make is trading psychology. This includes overconfidence, pessimistic after losing, or not being objective. Also, trade without proper risk management such as setting a stop loss. I have a fair share of that mistakes too.

Same heree, I generally trade with major currency pairs such as EUR/USD, USD/JPY, and GBP/USD. Those are some of the most traded currency pairs and for a good reason. I also think major pairs are friendly for beginners.

Definitely agree! Managing risk, setting stop-loss levels, and using position sizing to limit loss is some of the pillars of a successful trade because trading is not just about focusing on how to make the most profit but how to protect the capital from losses.