Recent content by s.taylor

Absolutely right to gain experience in live account is of much importance! That’s why I always say start with small real account as this will limit your losses and also will not hamper your confidence, so that you can rebuild strength to trade more. Psychological barrier of going from demo top...

Obviously I agree with the above statement that traders are made not born. Acquiring a desired skill requires continuous effort, knowledge and experience. No one is born perfect; it is one’s own hardwork that makes them who they are. So as in forex trading, to become a successful trader...

I also agree with the previous comment that the best trading strategy can be form by the combination of both the technical & fundamental analysis. Both have their own relevance and any one of them can’t be ignored.

To trade long term or short term, it varies from person to person and totally depend upon the trading style & strategy. Short term trading is most suitable for the traders who are impatient and want to make quick profits. The best example for this can be scalpers. Also risk involved in short...

Totally agreed! Also demo platforms can be used effectively for testing strategies by all the amateurs as well as professional traders.

Forex trading is a profitable business, but it is not that easy to make profits in here. It is not a quick rich business; it needs a lot of time & effort, desired skills, knowledge and experience to excel in forex trading. So entering the market with the mindset of making profits might not give...

Absolutely right, always start with only that much amount which you can easily afford to lose. However, what one can do is start with demo trading and then gradually starts with small real account.