Skill and knowledge
If traders have skill and knowledge, easy for them to increase capital. However, It is difficult to stay safe at all times using high leverage. Because it depends on the emotions of the trader. My broker, Eurotrader, offers up to 1: 500 leverage. The broker also offers trading services of fx, shares, cryptos, indices, commodities, metals.
Traders need a profitable trading strategy in the market. The trader should build one and beck test it to get the desired result. Improve your trading strategy until you get your desired result in the backtest. Backtesting is a way where traders use past data to see how a strategy would work. My broker Forex4you provide me all kind of tools which help me to my beck testing.
The book offers meaningful insight and share writer experience in the market. It is one of the options to learn to trade. The book can help readers understand how and why the forex markets move. Forex is complex, but the writer can explain the financial markets in a clear and understandable way. But I learned trading from the TP Global FX forex trading course which can help to learn everything a trader needs to know.
Apply your obtained knowledge on demo account to judge whether it is right or wrong. Every broker allows traders with a demo account for the assistance of practicing. Eurotrader offers a free demo trading account and three real account types with narrow spread and high leverage.
generally traders always fall a great trouble when they try to bring profit with high leverage. this is a common beginner mistakeOriginally Posted by Tom Daley
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