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I agree sites like Babypips etc have good educational resources, i also noticed many brokers have started investing in educational content for traders like online webinars and trade analysis etc.

New traders make losses in the market and leave the market however those who let go off these losses and learn from their mistakes eventually turned into good profitable traders in future.

Well i wasn't discussing the ideas of money management or powerful trading strategy. I just said we need to put stop loss at every trade so we cannot risk all of our account at stake so if you have any money management theory please enlighten us with your thoughts.

It is better to start trading a demo account with any reputed broker like HFM, octa, exness, lmfx etc and journaling the trades and mistakes every day in order to conclude best trading strategy.

New traders being unaware of the market conditions should keep the leverage low in start and may increase it overtime.

Everyone join this forex industry thinking its just a matter of free money to be made by pushing the buttons however it is not that case because you have to learn the necessary skills to make money out of this market.

Yeah just like my losses are someone gains and vice versa.

This is the best advice in my opinion and if someone knew how to trade then trade again other crypto assets to make some healthy returns instead of just holding.

In my opinion, brokers like hfm, octa, xm, exness, lmfx etc offers mt4 and mt5 however it can be good if we use their demo account first to check their processes for free before going with live funds.

We have many sites like FPA for checking positive insights related to any broker in my opinion.

I guess new traders should always start with trading those currencies paired with the USD which have good amount of liquidity and competitive spreads to make profits.

Indicators can be good and personally i like EMA instead of moving average however I guess professional traders dont use indicators. they can see support and resistance just by eyeballing the charts.

Still i guess bitcoin has been spiking up and down confusing long term hodlers, investors and traders at the moment.

Looks like i have failed to express my feelings i just wanted to write i missed a long on USDJPY. Cheers!

I am only referring to the cocoa and if other prices can be low then we can see if it could be a good buy at discount or we can still wait for them to get at lower prices.

Still i think if anyone has a profitable strategy then they can get it coded in to an EA for automating their trading to next level.

The JPY news hitting record 34 yrs low on my screen and i was wondering if i could have longed USDJPY making some profits.

Commodity prices hardly comes down and i am also surprised to see it outpriced copper also.

With the new all time highs i guess this bitcoin has still gained the spot light and speculations it may go up again soon however its market which can either go up or down.

Looks like it will once again make another all time high or can make opposite to the speculations lets see where it goes now..