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Brokers always help a trader to make good profit so always choose a good and reliable broker with good reputation in the market.

The benefit of high leverage is simply that it can help us earn bigger profits. The disadvantage of using high leverage is that it is very risky also. But I think we should use high leverage when we are trading with a small amount of money. This helps us earn big profits even with small money.

I am not aware of this broker, you should research more about it and never invest money with new brokers or companies.

It is hard to make profit in forex but still we can make good profit with good strategy and trading skills.

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Historically, traders in various countries took long and short positions with their local currency at the bottom (the currency of appreciation), but that changed as the popularity of Forex skyrocketed earlier this decade. Now, most participants worldwide trade the currency pair with the highest volume. The more popular version is likely to have a narrower supply / demand spread, reducing trading costs.
 

15 hours ago, FXOpen Trader said:

Those traders who are Newbie in this business will have to understand that trading is not an easy task and  requires lot of Efforts.

Yes, Forex is a risky business and without risk management it is never easy to make good money.

As a newbie in Forex always learn about Forex before start trading. If you have good knowledge and skills it will be good to be successful. Always be ready to do hard work and do more and more practice at demo account to get some good experience.

Trading knowledge and skill are most important element for success in Forex trading it trading a trader who has knowledge but his knowledge is not updated can't analyses correctly and without correct analysis you can't earn profit and insect profit is impossible without skill and knowledge.

Choosing a good and reliable broker form this huge market is not so easy. You have to research the market properly when you are going to choose a broker for you.

We can lose money if we don’t know how to trade. This is the most obvious reason among everything. If you do not know what you are doing then it is best that you do not get into this business at all because even the professional traders still lose money. The difference between an amateur and a professional trader is the amount of their loss. An amateur might lose every penny he had in the trading account while a professional trader will lose just a fraction of his money.

If you can control youe emotions then you can trade forex freely.

A demo account is a kind of trading practice account. they helps us increase our knowledge about trading.they allows you to practice day trading with a widly range of financial instrument.

There is no shortcut in forex to make money in a short time/quick way. It demands continuous efforts including learning about forex, having a bigger capital, mimizing the greed factors etc. A good combination of all factor can bring a positive result. Earning is not as per investment, its about our experience that we make a lot with a little amount and may loose a strong capital due to lack of knowledge.

Yes, broker should be reliable and trusted and we should choose a broker with good online reputation.

You must read forum rules and can contact forum admin.

A demo account is a kind of trading practice account. they helps us increase our knowledge about trading.They allows you to practice day trading with a widly range of financial instrument.

Befire applying your startegy on real trading you must apply it with demo account and if it works then start trading on real account to make good profit.

Thanks for sharing such a great information about cryptocurrency script.

High leverage can be risky for trader espacillay for new traders so as a new trader always start with low leverage.

Start with little investment so you can make good money with good techniques.

Discipline and faith is very important thing in our life and we must be follow these some rules to adopt the save our loss of money and our trading account. It will be very easy that to start the trading bust first we learn the all rules and regulations in the Forex trading business.

So many of the novice forex traders are risking all their trading accounts in one trade which means that they are not willing to make use of the good money management and as such it leads to series of losses over time.

1. Poor forex trading knowledge
2. Lack of good forex trading mindset

3. Poor trading Strategy
4. Trading with greed and emotions
5. Trading in high volumes
6. Trading large lot size
7. Using very high leverages
8. Trading in times of high Market uncertainties
9. Trading in times of high impact news without giving them consideration
10. Revenge trading after getting some series of losses

Due to the fact that long-term trading implies a profit that will be quick for me, many beginners do not try to get around this.