Certainly forex trading business is a very much reliable business so that we can trade in the forex market and make some good amount of money is a safe and steady way.

Is Forex reliable?

The amount of money which is risk usually double when i trade in the trades which am very much confident enough if there are more chances of winning. I bet more for the high probability trades.

How Much Do You Risk Per Trade?

This is because these 95% or traders have very weak mind and are not following the rules of the successful forex traders and thus losing more money to the forex market.

95% traders go broke, only 5% survive

Fxopen is one of the best broker according to me, all my withdrawals have been processed on time and i have no issues with this broker so far.

FXOpen AU Discussion

I wanted to invest with this broker now there is so much of confusion regarding this broker. Mixed reviews here, thus am confused if i should continue now or not.

IronFX Discussion

The most frequently and most asked question, that is regarding the proper money management with in detailed explanation would be my concern.

Question for you guys: What do you need advice on the most?

Well $50 is really very tiny bit of money to get started, but still you may try cents account and use lot size 0.01 or lesser than that if possible.

Money management for a newcomer

Getting rich is quite possible, but trying to get rich quickly is the most dangerous thing which the trader could do to themselves which may lead to further losses.

Can you get rich quickly from forex trading?

True, profits and losses are the two faces of the coin in the forex trading business and the traders would either see profits or losses depending upon their account management skills.

The ONLY two things you can count on (and take advantage of)

Not really very much particular about it, because of concentration towards the trading. But if i do listen then may be some soft music with fusion or classical.

What kind of music you hear while you trade?

Once a trend starts it usually continues for about 900-1000 pips from my observation in the major currency pairs. Thus, depending upon this we can plan for trades.

How do you know when the trend is over?

Price action trading is the most profitable way of trading according to me because the traders can make huge number of pips when they are trading along the right trend.

Price Action and Trading Discussion

All i know is that the ECN brokers have very low spread so that the profit making is really faster in comparison to other broker types which has more spreads like the market makers.

ECN and Commission? Is it worth it?

This is purely subjective and depends upon the traders capability to make money.

How much do people make trading FOREX

I risk nothing less than 10% in each and every trade i take up if am sure of the market trend.

How Much Do You Risk Per Trade?

Taking profits at the earliest stage leaves the trader dissatisfied with the trade they have done and this usually results in overtrading which should be avoided.

Taking Profits too early?

There is nothing perfect or 100% fool proof system but we can sure develop the trading system which can bring us consistent result.

The perfect trading system

I feel that EUR/USD, GBP/USD well obeys with this even AUD/USD as well.

Top currencies that gives clear price action

Most of the traders are failure because of their poor or weak mindset which doesnt allow them to be disciplined enough while trading in the forex market.

Why are most of the traders here failures?

Just observe the candle movement and obtaining 1-5 pips is not a big deal, just be fast in action.

How to get 1-5 pips with 100% win ratio?