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Forex traders can lose money like gambling


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Forex is one of the businesses where traders can lose money like gambling. It's a good business, but it's not an easy business. Success in the forex market comes from experience, and it requires patience and continuous practice. The demo account is the best place to practice and many brokers like Eurotrader offers this kind of account.

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Most people come here to get a quick rich. And too with very little investment whereas any other good business needs a large amount of money. Most traders treats forex trading as gambling. It is the consistent profits that matter a most. Monthly 3 to 5% return is huge for retail traders where as big company's yearly return is 5 to7 %. So treat it as a business if you want to survive for long in the market. I trade with Eurotrader that pioneered the offering of an MT4 platform with trading execution quality in mind. Trade on an MT4 with No Requotes, No Rejections with flexible leverage up to 1:500.

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The success of trading depends largely on trading psychology. Sadly, most traders either ignore this basic truth or don't realize how important it is to have the right mindset for a successful Forex trading. Yoga and meditation help to set mindset and brain in optimal condition. I am trading with Forex4you. I always try to keep my mind clear before trading.
 

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On 6/7/2021 at 12:59 PM, Jo Eshuijs said:

The success of trading depends largely on trading psychology. Sadly, most traders either ignore this basic truth or don't realize how important it is to have the right mindset for a successful Forex trading. Yoga and meditation help to set mindset and brain in optimal condition. I am trading with Forex4you. I always try to keep my mind clear before trading.
 

It is a known fact that those traders who are doing their trading with a Good Trading Plan are able to get Regular income from their trades.

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  • 2 months later...

Forex is a tropically modern business. If you think that forex is a ordinary business, I would request please do not come in forex world, because to do this business you have to know lots of things. Due to lack of knowledge most of the traders going to loss.  Honestly speaking, from 7 years I am in trading platform, still now I am studying. Whenever I get chance I take guidelines from my broker and it is FreshForex. Whatever, trader should follow world's market place and broker strategy. 

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  • 8 months later...

Forex won’t be a losing game for traders if traders have reliable trading strategy. Market movement paves the way for earning profit but proper market analysis helps us catch the flow of the market. False breakouts are always unexpected and traders have to safeguard their capital through proper market analysis. FXOpulence charges low trading spread to traders. They allow traders access to educational resources.

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