Forex Tips

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Thread: Forex Tips

  1. #1
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    Default Forex Tips

    Forex Tips
    Yes, now I use Oil and others commodities, basically I have increased my live trading instruments gradually, right now I am working with 18 trading pairs! But interesting point is, I started my trading by only EUR/USD and Gold metal! Whatever, CFDs, Commodities are not for the novice traders because of high volatility, need enough preparations!

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    Forex trading is really become complicated for a Forex trader if start trading without the basic knowledge of this market. The first duty of a Forex trader is learning as much as possible and for this demo account is the best solution. AT Forex4you trading platform I get the best educational facilities. They offer free- demo account, seminar and webinar classes, video tutorials and Forex glossary. I used the demo account to learn Forex trading.

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    Every trader is having its own choice of trades where he choose a currency pair which he can trade in better way. So it depends on a trader that what he want to trade in Forex the best way he will choose.

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    Every successful Forex trader has their own trading tips that they apply to trading. To become successful a trader must be crafty indeed. Lacking of trading tips leads a trader to be failure indeed. To apply your trading strategies nicely a trader should a renowned trading broker and as a renowned broker I know FXDirects which started with deep liquidity of funding source.

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    Every trader in this market is having its own way of trading and according to it he or she do his or her best work in Forex to make profit. Not every person is capable of surviving this business.

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    Default 1:200 leverage

    In my opinion , 1:200 leverage is good for a newbie. Because at these leverage there will be a low risk and average profit that a newbie will be interested to trade in Forex market as well as invest. When a newbie invest in Forex market and have not enough knowledge about leverage , they take high risk . so that leverage is better option to me.

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    As a newbie, you can learn the technique by creating a demo account. It will help you to find out the problem what you are facing while trading. It also helps to reduce your losses and create an opportunity to increase your profit. I also started my trading career through a demo account of TP Global FX. Really it helped me to understand my fault in trading.

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    in ro ham eslah kon:
    When looking for a broker there are many important things that we the traders have to check. According to me, I will emphasis on the lowest trading spreads, because the trading spreads can affects the result of our trading with certainly. by using comfortable trading spreads we the traders can make profit with certainly by using any kinds of trading strategies . So, trading spreads is really important which an investor should consider when choosing a broker.

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