New traders are more likely to lose money

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Thread: New traders are more likely to lose money

  1. #1
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    Default New traders are more likely to lose money

    New traders are more likely to lose money
    It is common that new traders are more likely to lose money and fail to reach their target profits. I recommend new traders open micro-accounts with small investments to practice trading. Without practice, there is no way to generate stable income. All brokers like Eurotrader offer micro-accounts. It also takes no commission, no hidden charge, no requotes, and many more.

  2. #2
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    Beginner traders should trade safely. If he tries to trade uncontrollably, the chances of loss are much higher. That is why success is so important. Skills need to be developed using Micro Mini or Demo Platform. Profits cannot be made if skills are not developed. And Eurotrader has to trade with brokers. This broker can give me many more benefits like a Minimum Deposit of 50 $ (Micro Account), 5 types of accounts including Swap-Free Account, Tight Spread, etc.

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    I think the other thing to look for is regulation - pick brokers that are properly regulated to be sure they would be honest you, that way you won't lose money to shady broker practices.

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    New traders make more losses because they have less knowledge about trading so they have more share of losses than profits. If you want to survive in trading, you must learn to manage losses. By which I can do successful trading.

  5. #5
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    in ro ham eslah kon:
    Forex is a global decentralized or OTC market for the trading of currencies. Capital is not an issue in Forex. The most important thing in Forex trading is a skill. The demo account is the best place to improve your skill. Many brokers like Eurotrader offer free demo accounts to traders, so it is recommended that new traders start with a demo account first. With this broker, both mt4 and mt5, and much more are available.

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