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Traders need proper knowledge


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By and large traders in particularly the newcomers fall a great loss by taking high leverage due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage first of all we have to know how to manage risk.  Actually leverage is an important financial tool which an investor to grow his market exposure to a level that exceeds the initial investments.   
 

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7 hours ago, Golden Sark said:

By and large traders in particularly the newcomers fall a great loss by taking high leverage due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage first of all we have to know how to manage risk.  Actually leverage is an important financial tool which an investor to grow his market exposure to a level that exceeds the initial investments.   
 

We have to go easy on the leverage thing though, especially if we do not thoroughly understand the market and don't have any proper risk management. It can become a danger then because leverage can mean great lose just as it can mean huge profit too.

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On 6/29/2022 at 8:07 AM, maspluto said:

Existing analytical skills must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

We will have to develop such kind of Trading based skills that will help us in earning more profits from the markets.

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  • 2 weeks later...

Try to utilize the opportunities provided by your broker and enhance your knowledge as much as possible. And never search for any short-cut because initially you need to extend your knowledge. Enjoy your trading with Eurotrader as it is famed as a secure broker.

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  • 4 months later...

You have to generate your own trading signal through market analysis. You have to pick up your strategy based on the type of your trading, like if you are a scalper, you should develop a scalping strategy. Eurotrader allows traders to apply any type of strategy on their platform and you can also use multiple accounts here at a time.

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  • 3 months later...

Lack of knowledge works as an impediment so first earn knowledge and then select a good trading broker. As an award-winning broker, I would like to name Eurotrader broker. Their partisioned their facilities in three accounts including micro, hero and zero. They offer flexible leverage and narrow trading spread to keep traders away from risk.

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Absolutely, I completely agree with that. For those who are not familiar and do not understand about forex, it is advisable not to immediately jump into a real account. It is better to utilize the demo account facility to prepare everything and create a plan, so that trading can be done more optimally and profitably with Tickmill.

 

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