Recent content by JenalAripin

Correct, those new traders would likely to place an order an hour before the news are taking place.

But being steady on your trading profits is difficult. You really need to focus yourself on forex trading if you're willing to make it for a living.

As long as we still trading, we will get more knowledge and experiences. Don't forget to evaluate our trading journal so we can avoid the same mistake we've done...

Oh wow. what a good way to waste your money instantly, though. And just like what Luthfi said, we need to migrate our mindset and start to train our real trading psychology so we will never treat our live account as our demo account...

Agree with this. But not anyone deserves as a mentor, try to avoid some mentors who are just giving too much fantasy about your future in forex, cuz that person is indicated as broker's salesman.

Once they're ready to shift into live account, they need to train their trading psychology first. To do this, just make a small amount of capital in their live account, try for being neutral on any kind of outcomes. It could be hard in the beginning, but you'll get yourself use to it.

Indeed... I took myself about more than 3 months hanging around in demo account with daily trading training (1-2 hours in a day). And so, shifting to live account from demo account is a big thing, your trading psychology isn't ready for that yet.

At least 3 months (depends on how fast he could learn) for a beginner should be more than enough to learn deeper about forex trading and to build his own trading system/strategy...

For experienced traders, it's not a big deal when they got a loss in their trading journey. Also, they consider it as a part of the lesson (remember, any kind of experiences is your best teacher).

I can say that's a bunch indicators in one display. But as long as the trader is fine with them, it would be fine. But for me, I couldn't get myself overwhelmed with bunch of indicators on my display.