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The Best idea is to involve yourself into a physical activity. Some thing that refresh your mind and body but not related to trading or business. It could be a hobby. For example, you could grow seasonal vegetables and flowers inside your backyard. Also, there are many varieties of...

In order to relax your mind and keep your mind cool, you could use yoga or meditation. However; both yoga and meditation needs training from a teacher. Do not try to do it, yourself. There are a lot of junk videos and some useful videos available on Youtube and other video channels. You...

Every now and then, all traders face a situation in Forex trading when the profitable trade turns into a losing trade.:eek: I mean, few hours ago, you are up 30 pips and then after few hours you are down 35 pips! Meaning few hours ago, you are happy :) and then after few hours you become...

Yotrader, You are welcome!

I agree. Fund managers make more money as compared to Top Athletes! This means, instead of becoming an Athlete, you use your brain. A trader Brain takes the pounding and bear the work load! So, trading may not be an easy job but the money is good!

I think it is possible to learn some thing from your losses. You could lose money during trading but do not lose the lesson!

It is not easy to win in Forex trading and become a successful trader. There is a lot of effort and countless hours of education plus trading experience is required. If you do not have a trading plan then a good idea is to first create a trading plan then follow your plan. If it works...

Day trading the market is not an easy task. First you need a quite and calm room or work place. Second you need to learn trading and gains some trading experience. Next, you may manage to some money out of the market.

When a new Forex trader blow up his Forex trading account then there are two options Option 1/- Leave Forex trading forever and do not come back. Option 2/- Learn about Forex trading other wise he is going to face the same problem and the trader is going to lose money again.

All moving averages usually work in a trending market environment. However; the EMA crossovers fail in a sideways market. Just a word of caution!

Auto trading methods do work. However; you need to understand to stop the E.A if the market cycle is going to change. This means, you need to monitor the Expert Advisor trading activity. Market does not trends, daily. Some times, it become sideways and some times it becomes non-volatile...

Demo trading is just for doing practice. For some traders, losing a US$ 500 trading account is still okay! The money is small. So, they do not care much about their trading decisions. However; this could turn into a real trading problem. If a trader can not make profit on a US$ 500...

90% is Psychology in trading and what a trader needs is to make his mind, right. A profitable trading system is not easy to get and even if you do have a profitable trading method, then still you are back to trading psychology. So, try to first master the trading Psychology. Imagine you...

Nice information share for traders.

I have used Skrill. I do not use it any more as there fee is quite high.

The tools, indicators, trading systems, Expert Advisors and other trading softwares are just to help traders but overall you will face Stress for sure! It does not matter that you use a manual trading method or Automatic trading robot. You will face stress in trading. The trading is...

There are list of mistakes that most novice Forex traders usually commit. I have created a list with number 1 mistakes in PDF format along with a list of profitable Forex traders. PDF file attached. Feel free to share it with your trading friends.

Use Average True range, it is a good indicator to know the price action in terms of pips. Like how many pips on Average a currency pair is moving per trading day.

GBP/USD is going to rise up now, probabily.

There are some currency pairs which move more than other currency pairs. First you need to identify this with help of a Average Daily Trading Range. For example: The average daily trading range of USD/CAD currency pair is usually below 70 pips. This means, the USD/CAD currency pair is...