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- MichaelKum replied Aug 27, 2020
You can earn 100% per week by trading Forex but it becomes very risky for your account. It is not right to expect a minimum of 20% income per week. Because of the fewer goals, you have in trading, the better for your trading. I target 20% per month. ...
- MichaelKum replied Aug 26, 2020
If you are new to this, you need to do demo trading. Demo trading is the first part of learning forex. If you do demo trading, you can get a good idea about the basics. When I joined Forex, I practiced demo for a long time. In the middle of this ...
- MichaelKum replied Aug 25, 2020
This is a very simple thing. Losing forex money is not impossible. If you trade without understanding, you will lose. There is a lot to learn in Forex. There are many online trading websites where you can get basic ideas about Forex. Many people are ...
- MichaelKum replied Aug 24, 2020
95% of people lose in Forex. There are many reasons for these traders to lose. When a new person joins Forex as a trader, he has a lot of dreams in his mind and a desire to grow up soon. And so the new trader trades without understanding anything in ...
- MichaelKum replied Aug 23, 2020
Leverage is important for trading. Because if leverage is not good, you may face a lot of losses by trading and your entire balance may be at risk. So I always suggest using 1:20 leverage. Because of the lower leverage, the better for your account. ...
- MichaelKum replied Aug 20, 2020
You can get rich quick by earning money from Forex. However, if you want to become rich, there are some terms and conditions that need to be met. For example, money management needs to be noted. A maximum of 2% risk can be taken into the account. ...
- MichaelKum replied Aug 19, 2020
Trading is a business where if you don't work patiently, it won't take long to become a loss. If you force trading, the result is more likely to be negative. There are some things in trading that it is not possible to trade without following. For ...
- MichaelKum replied Aug 18, 2020
New traders should practice demo to know some basics. We can learn a lot by practicing the demo. It is possible to do a lot of research online in the space of doing this practice. By doing this, it is possible to improve your experience. At the end ...
- MichaelKum replied Aug 17, 2020
The lower the leverage in trading, the better. If you keep leverage high, your account will be at risk. So I think 1: 500 leverage should be used. Using this leverage will reduce the risk of trading. A regulated broker like Eurotrader can help you ...
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Forex trading is a business. So if you want to join this business world, you have to learn first. ...
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