Let us discuss and learn from each other experience

Hello brothers. I too from india. I am working on ea ( RAHMAN) which is based on a diffrent and funny concept. You can see my profile to check these accounts. Thank you.

I am trading forex since last 2 and half years,I would like to share my experience here.My first advice to new traders is to learn about basic thing before jump and start trading.First of all look for a genuine broker and registered a demo account with them and practice on it for atleast 6month.By this way you become familiar with basics of forex market and also gain experience and confidence,many broker run lots of demo contests and its a very good opportunity to learn and practice and if you win then you have a chance to trade for real without investing anything from your own pocket.I won more than $4000 till date and withdraw successfully.My first win was FBS 999 demo contest where I won $555(First prize) and used it in my real trade account and withdraw $1665 successfully to my bank account.Because of their contest rule I can withdraw only 300%(including prize money) after real trade.

I'm an Indian based in UAE. Trading Forex since 2002.
Guys, if you think its a rosy rosy business, you're mistaken.
Its tempting when you see the profits. But always know that there's an opposite to these profits too.
infact when i started trading, I just lost lots until last 3-4 years when I seriously undertoood the importance of money management.

Tip: Always make sure you've proper money management. Use Stop loss. You may have confidence that the market will come one day to your level. so why the stop loss. trust me. It will. But after the account is wiped off. So have a system with clear stops and exit strategies.
                                   Also, be careful of brokers. Many are fakes or rather they are called bucket broker. They know that 90% people loose cos of greediness and lack of strategies and so they act as money makers and work against you. So proper broker selection is important too.
Hope these tips helps.

BTW, I'm managing accounts too. If anyone interested, please see below and check the live account update. thanks.

Thanks in advance & Happy Trading!

Hi guys, i need help, i have seen that competitor are opening lot size of 100, 250.. can anyone please tell me how to open lot size more than 8.