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Forex is a market where people can exchange currency and it also shows the exchange rate of almost all currencies in the world. Traders invest money and BUY or SELL currency to make a profit is called forex trading. However, traders need a broker to trade in the forex market. So, I recommend Eurotrader which helps me a lot in my 2 years trading career.

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Any successful trader will tell that traders must build a good trading plan and follow it. No one can trade for long time without a trading plan. Traders should develop a FX strategy and test it thoroughly. Make an adjustment if needed. Then repeat it until it generates heathy profit. My broker Forex4you provide demo account where I can easily test my trading strategy.
 

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  • 3 weeks later...

Knowledge, passion, hard work and skills are necessary if you want to sustain in the market for long term. Most people do not have necessary knowledge and skills. They also do not have quest for learning, passion and patience. Most people come to forex to get rich quick without having necessary knowledge and skills. Even they are not willing to learn. For long term sustaining you also need a good broker. I trade forex at Eurotrader broker. I am here in this broker since it is a regulated broker and has tight spreads. I likewise can withdraw my cash quickly.

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There are many reasons why people lose money ad fail to reach their goal. Actually, Forex trading is much fluent trading market but the broker is fact here. Without a good Forex broker leading a highly profitable trading is impossible. TP Global FX is a solid and best STP executing broker that offers- high trading leverage 1:500, narrow and tight trading spread from 0.01 pips, fast and error free trade execution, smart bridge of technology etc.
 

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Low spread is extremely import in scalping I would say high spreads make scalping useless strategy. I work on raw spreads account offered by Hotforex and get 0.0 - 0.1 pip  spreads on EURUSD during London session. 

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To be a good forex trader, you must first know good forex. Then you need to know how to analyze the forex market. You have to trade a lot more demos. The more demo trades you can do, the more you will gain knowledge about the market. That way you can understand which trades you should take and which you should not. And success will come from this.

http://www.peaklevel.es

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Knowledge is the main strength in forex market. There is no use of capital if you don't have any knowledge. A trader need to get all kind of knowledge about forex before entering into the market. So, it is very important to gather knowledge.  A demo account can be the best option to get knowledge about forex. I also used a demo account of Tpglobalfx when i started my trading career. That account helped me to get all kind of knowledge about forex and helped me to make what i am today.
 

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