at the moment trading CAD/USD.
before choosing a broker it is more appropriate to make sure reviews from FPA which is the best source to know the fact which broker is best .
otherwise no way to survive successfully , without practicing trading even pro traders will not to bring profit with consistency.
mistake will happen of course , no way to deny but if you do same mistake again and again then it called a choice , not a mistake .
according to me, traders should choose the broker which is more appropriate to the concept of trading that will be used.
you can check FxpaceArmy to make sure the real performance of any broker.
this is the dark side of Forex trading .
this is perfect for the traders who are particularly beginners .
if you have proper education and guideline i think within two years this is possible to bring profit by trading without any doubt .
but to be an expert about technical analysis is a big deal , need a long time experience
According to me, market analysis is the main challenge here where majority of the traders fail to predict the market accurately.
Usually I trade in EURUSD, GBPUSD, XAUSUD. But I rarely trade XAUUSD just because it is more volatile and risky.
not only loss , profit is also for a temporary session , nothing without it.
to build a strong money management is not a minor joke , need a powerful trading entry
after having good MM the result of scalping can be useless , because this is really uncertain.
to build a strong money management is really a tough issue , need a very long time first of all. otherwise no way to survive
the successful trader knows how to manage emotions. this is the main reasons between losers and successful trader.
demo is important really , but there is no real money on there . so we traders cant focus here successfully.
scalping is profitable , no way to deny but need a powerful money management first of all.
at the moment i am using scalping strategy by EUR/USD , sounds good till now
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