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    Forex Trade How much did you lose as a day trader before you began to make money?

    Day trading is quite simple, as I often tell folks. The difficult part is turning a profit; maintaining that profit is even more difficult. Only a few percent (>5%) consistently turn a profit, and the majority will lose money. There is nothing new to hear about this. It's critical to realize...
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    Forex Trade What is the ideal profit margin for a single trade for a day trader?

    Well, to start with, I didn't have much. I felt more confident after reading an ebook on how to trade the Mini Dow (YM), so I created a $5000 account. I had to learn the hard way that I had no idea what I was getting into. I have lost sixty percent of my capital in three days. I felt both...
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    Trade MetaTrader 4 (MT4) or Meta Trader 5 (MT5) which one is better?

    Selecting the appropriate trading platform is typically a challenge for novice traders. The two most popular options among traders these days are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). When deciding between MT4 and MT5 for novices: Both of these platforms provide a variety of features to...