Recent content by Cataclasm

Welcome to the forum. We would love to learn from your experiences. Please share some insights.

Different traders fail forex trading because of different reasons, or many reasons piled up together. But there is one reason I found most common behind traders losing consistently and eventually quitting the forex market. This was because of lack of discipline and zeal for success. Without...

Hi there! Thank you for your sweet wish. I hope you are doing fine as well, and making profits too!

I wouldn't recommend traders to trade with $100 because it will take you a long time to build up to a significant sum. But for beginners, it’s okay to begin with this amount until you get familiar with the market and are ready to trade with big money.

Hi! Wishing luck to every trader in this forum. We are all here to support each other so feel free to ask your doubts or share your experiences.

Regulation is arguably the first thing to check in a broker, next comes the trading conditions that include spreads, commission, order execution, etc. I considered these points to shortlist aaafx and icm. Better to research beforehand and then open an account.

I think risk management is very important when you are trading with leverage. A poor risk management plan often results in a margin call situation when you lose leveraged trades. You should be able to cut your losses early and only use optimal leverage in the first place.

It is surely possible to become a full time forex trader if you constantly work on improving your skills through learning. You will also need enough capital to earn a living from forex trading. But it will take time for a beginner to learn everything from scratch and develop professional level...

Welcome to the forum! Focus on learning and growing; the results will come at their own time.

I believe that using a stop loss while trading is as important as fastening your seat belt before driving a car, it’s for your own safety. Those who tell you not to use it are just fooling others and nothing else.

These are some great points to be kept in mind for sure! I think the fear of exiting a trade too early can be a common fear amongst newbies. Anxiety when it comes to trading can be normal, making the most of it is up to you. Accepting loss is part of the game so it can’t be a surprise. Be...

Regulations, trading conditions and withdrawal processing are priorities for me while choosing my broker. Picked aaafx and pepperstone while considering this criteria.

Greed only arises when the trader isn’t able to distinguish between gambling and trading. Understanding mistakes and improving is a skill picked up by every trader out there. The goal is the same but it is the approach that changes everything. Hence, traders are supposed to set realistic...

Before the release of US consumer price index data, the US dollar has been steadily trading around 103.600 on the USD Index, with no significant swings in either direction. The inflation rate is predicted to drop to 8.1% from 8.5% in the previous month, marking the first quarterly drop in...

Trading forex can be lucrative, but it also comes with a high level of inherent risk. It is in your best interest to get a head start on acquiring market knowledge and then honing those skills. Your knowledge and expertise are the only things that can help you succeed in the market. Therefore...