Improve trading skills

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Thread: Improve trading skills

  1. #1
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    Default Improve trading skills

    Improve trading skills
    Traders should focus on how to improve their trading skills. So, I think demo trading a good way to become a profitable trader. But many traders do not like to trade in the demo account or they eager to join in real trading. So, they lose a lot of money due to their inexperience. I recommend new traders should start trading with a demo account. Many brokers like Eurotrader offer it to tier traders.

  2. #2
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    Leverage exists because there are many small traders, or at least those who cannot afford to trade in Forex. Many brokers now have low minimum capital for trading. So even small can join the Forex business. I started trading for only $ 50 with Eurotrader which also offers high leverage up to 1: 500. All traders have the opportunity to start trading with low capital.

  3. #3
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    Leverage that high is not quite safe though, and it leads to major losses for newbie, inexperienced traders.

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    Broker is an important element of Forex. A broker can be the way of making profit or facing loss. So it is very important to choose the broker wisely. Low spreads, dynamic leverage, ease of trades are some features of good broker. I am also a trader. I always use TP Global FX. Because they provide me low spreads starts from 0.01 pips and maximum leverage of 1:500. They are also very much cooperative.

  5. #5
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    The broker can affects the result of our trading with certainly , thatís why choosing a broker should be in cool mind, please donít choose a broker in an emotional state, we the traders should choose the broker which is more appropriate to the concept of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.

  6. #6
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    in ro ham eslah kon:
    New traders are easily giving up trading after losing a couple of trade. Traders should never give up. This mainly means closing your ears when the surroundings try to take you down. The pressure of losing money is one of the reasons to quit. So, traders should not trade with money that they can't afford to lose. I am trading with Forex4you, and I started trading with only $50 with a micro account.

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