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You should limit the number of your trading to one or two maximum every single day and it will help you I believe.

Psychological control and well-researched decision differentiate a wise trader from others.

Hedging can reduce potential gains and increase complexity, leading to higher costs and potentially confusing financial strategies.

I would suggest to explore other ways besides forex because forex doesn’t guarantee consistent profit.

Everyone desires a satisfactory return from trading but can you please tell me how much return is satisfactory?

High leverage is a good facility to have from a broker but will you say why should we keep away from over-leveraging?

Understanding price action and some market fundamentals may help adapt a strategy to the market movement.

It differs from trade to trade because in some trades I use 50 pips SL and this pips amount varies ranging from 10 to 50.

Lack of trading knowledge and experience, poor market analysis, not finding better entry and exit points are factors that keep traders away from making profit in this market.

I don’t think forex is a lonely business because you will find groups of traders trading in this market.

I make profit at times but sadly to say that I am not consistent in making profit from the market.

Meditation may help you recover from mental phobia or frustration but it has nothing to do directly with trading.

High spread consumes more money while opening a trade and especially for small capital, high spread is much risky.

I think 10:1 leverage will keep you on the safe side. But sometimes you can extend leverage depending on the market condition.

Sometimes my scalping trades go well whereas sometimes I feel disappointed. Hope to grab the market in future completely to make handsome amount of profit in the market.

Self-trading, group-trading, signal sharing are multiple ways of earning from forex.

It’s not wise to stay stuck with forex if you don’t have sufficient trading knowledge.

Then what’s your opinion in this regard? Please brief.

Moving average works fine for me and I mostly rely on this indicator for technical analysis.

The dark side of forex trading includes high volatility leading to significant losses, the prevalence of scams and frauds targeting inexperienced traders, psychological stress and emotional turmoil, addiction to trading, and the potential for excessive leverage leading to large debts...