Recent content by Oswald Franklin

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    Are you addicted to trading?

    I am not but one of my friends is addicted to trading like anything. Infact even if he is eating, sleeping, walking, trading is on his mind 24/7.
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    How long do I have to trade with demo account?

    If you feel you have been doing great on demo meaning you are earning profits then you can jump to real trading but better to start with a small amount initially.
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    Wrong Mindset

    Wrong mindset include revenge trading, overtrading or unrealistic expectations. But with such mindset, one can't go ahead in trading so you need to learn to control your emotions and choose discipline.
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    How do you handle your losses?

    Know how much loss can you tolerate.
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    Have you improved your trading psychology?

    During my initial days, i have messed up a little like overtrading and stuff but gradually i learned how to control my emotions and adopted a disciplined approach.
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    What free educational resources do you use to learn trading?

    Pipsology course by Babypips is the best especially for beginners.
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    The Reason Why Traders Lose?

    I think poor risk management or no management at all can also be one the reasons why forex traders lose money.
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    10% Skill 90% Mindset

    Applies to forex especially! Survival is tough if you don't have a tough mindset.
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    HI Whats your best piece of advice to get trading

    Correct. Its all about practicing and refining your skills.
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    Info Should I trust brokers trader?

    I am using Fxview currently but I do have accounts with Pepperstone and ICM too.
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    Hi! Let's help them be better

    Great, I'll take the survey too. Seems interesting.
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    Do you think forex is money factory

    Well it depends on a trader's performance and skills and his ability to convert the sum invested into profits.
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    Info Should I trust brokers trader?

    There are many regulated and trusted broker who offer good trading conditions like Fxview, ICM, fxpro, pepperstone. Start small or better yet try demo first with each and then choose one.
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