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Developing a strategy in forex trading is very important. If a trader does not develop a strategy, he will not get good results in trading. To bring good results in trading, he has to develop a strategy first. There are many types of strategies in the market and I think technical analysis and fundamental analysis are better.

With this strategy, if you trade by maintaining discipline, you can earn a lot from trading. I am tyrading with Forex4you. They always help me to make monye from this market.
 

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Risk management is an important part of trading. If a trader cannot properly maintain risk, he will never be able to trade successfully. Maintaining risk is essential for successful trading. A trader can trade professionally only when he can maintain risk. I always try to maintain 1: 2 or 1: 3 risk rewards in every trade. That effort helps me a lot to consistently profit.

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6 hours ago, Hanan Öberg said:

Risk management is an important part of trading. If a trader cannot properly maintain risk, he will never be able to trade successfully. Maintaining risk is essential for successful trading. A trader can trade professionally only when he can maintain risk. I always try to maintain 1: 2 or 1: 3 risk rewards in every trade. That effort helps me a lot to consistently profit.

I defiantly agree , I'm a beginner through what I am learning , reading and practicing , I have noticed that risk management protects what you already have especially in unexpected market moves. That's why before thinking about how much we want to make from trading , we should be thinking of risk management .  

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  • 3 weeks later...
  • 9 months later...

I totally agree that this business is risky. On the other hand, we have a lot of opportunities to earn money with the help of brokers. I can advice you to study all available info about brokers. That's important to study the broker you want to work with. When I was looking for the right broker I found the site Finarm com, which helped me to choose the right broker. I can recommend you to visit it.

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Professional trader gets their trading successfully much easily rather than other traders. Because they control on their emotions, work hard and learn first of all Forex trading. So, if you want to be a successful Forex trader try to be a professional trader. With Tpglobalfx broker I have all the trading facilities which help me to become successful. In their fluent and error free trading platform I am trading without any stress.
 

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On 8/23/2021 at 2:01 PM, David Max said:

Professional trader gets their trading successfully much easily rather than other traders. Because they control on their emotions, work hard and learn first of all Forex trading. So, if you want to be a successful Forex trader try to be a professional trader. With Tpglobalfx broker I have all the trading facilities which help me to become successful. In their fluent and error free trading platform I am trading without any stress.
 

We must understand that the risks that are associated with our trading needs to be minimized.

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  • 1 year later...

Adopt tactics of any type of trading but by following risk management policy. Many traders avoid long-term trading, which is their mistake. You should develop a good scalping strategy if you are truly an arch-scalper. Eurotrader provides traders with a smooth trading environment and narrow trading spread.

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