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Many traders are failing in the forex


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Many traders are failing in the forex market, despite having a strong trading strategy. Because traders especially newbies don't have the right money management plan. Success in forex depends on money management.  In my case, my broker Eurotrader helps me to learn about the trading plan including risk and money management.

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  • 2 months later...

Forex the is most largest  trading market around the world. But obviously many of the traders are not success because of trading strategy, lack of trading knowledge, and poor plan of many management. Therefore, traders should be taken enough knowledge on forex. They should practice in demo account and connect with a reliable broker like FreshForex which provides the best updates to the traders and helps to the ways how to improve the business. It never make disappointment to its their clients. 

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No one if perfect by himself. Practice makes a man perfect. And in Forex trading we should practice a lot, work very hard and learn as much as we can. To become a successful trader we should follow these rules. With TP Global FX broker I am doing well. In their fluent trading platform they arrange free educational sessions, wide range of deposit bonus, error free trade execution, demo account and various trading accounts from well- known banks.
 

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To trade in the forex market, any trader needs a broker. Broker can be good or bad. By selecting a good broker, a trader can easily take decision whether he has to trade or not. Good brokers are generally are those, who provides low spreads and high leverage than others.

Withdrawn process should be easy. Brokers  help traders to gain profit and reduce the risk of losses. A broker can be a guideline for any trader. Choosing a good broker is not an easy task. I am trading with Forex4you, which is the best broker for me. They provide low spreads starts from 0.1 pips and their maximum leverage is 1:1000. They provide 24 X 5 customer service to the traders. So for me, they are the best broker.
 

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On 8/27/2021 at 8:23 AM, maspluto said:

The selection of the existing broker must be able to be considered carefully, this is done so that traders can become better and can be maximized in getting the security and comfort of trading together with Tickmill.

I selected a Forex trading Broker which is True ECN like FXOpen Markets 🙂

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  • 1 year later...

Traders mainly fail in Forex due to taking wrong decision. To do better in Forex, keep your eyes on the news occurring around the world. Unless you do so, your success will be far-fetching. If you are investing in Forex for the first time, you should start with small investment. Eurotrader is a regulated trading broker with offering high security of funding.

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