Recent content by Idealism

Forex is a primary source of income for a lot of experienced traders. Making money is indeed possible but that requires high level market expertise and knowledge. If part-time trading is going well and you are making consistent profits then you can switch to full-time trading.

Numerous courses are offered online, both for a fee and for no charge. At first, you should only select free courses; if those are insufficient for your learning needs, you can then select paid courses.

If you're just starting out, it might be best to stick with straightforward strategies. Incorporating too many technical indicators into a strategy is a common beginner mistake that leads to signal conflict and information overload. As you trade and gain experience, you can always make...

True! The first rule of forex trading is “focus on protecting your trading capital before focusing on making profits.”

Thank you! Insightful post. Greed can be a blunder and can lead to reducing the quality of the trade while increasing the position size or number of trades.

I encounter the emotion of anxiety mostly when I do forex trading. Although I am working on myself to improve this emotion.

Forums are the most important place for a trader! A forex forum is a place where traders can share their ideas, insights and experiences with other traders. It is also a great place to learn from other traders.

Forex can seem complicated to newcomers or those who don’t know about it. But with years of consistent trading, it becomes simple. You start loving forex and its challenges, rather than stressing over it as a newbie. But for this you have to stay consistent with your strategy over a long period...

I do not think relying on others is a good opinion. I myself have self-studied to learn about forex trading. Waiting for a ‘mentor’ to teach you, especially if you do not know a professional trader through real life connections, can easily put a naive person in danger of online forex scammers...