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Keep your eye on your equity while trading because loss of equity means loss of capital. To every forex trader, equity management is essential. Trading experience is like a flaming asset that traders hardly have. More and more time is requires to grow this experience in traders.
Definitely I can but proper market analysis is needed to capture the market flow. There are two types of market analyses including technical and fundamental analyses.
Using big lot size in trading, not using stop loss are some risks associated with forex trading. Facing technical errors with your brokers also falls in the section of risk.
Bitcoin is a popular crypcurrencies. Lat year, its skyrocketing price grabbed the eyeball of many people around the world. Since then, people become fascinated about investing in Bitcoin.
The forex market is saturated with retail traders who are constantly buying and selling currencies. Make the best use of your available opportunities to reap much gain from Forex. Try to lower the number of losses.
Spend some time in the area of fundamental analysis because it will disclose you the exact scenario of the market. Use a regulated broker for the benefit of trading.
It’s unguessable when the market will collapse so we should use stop loss as a safeguard against sudden market collapses. Forex is an uncertain and volatile market where nothing can be accurately predicted. So, using stop loss can shield traders from sudden losses.
Pattern trading requires much knowledge otherwise a trader will be the sufferer. If you are not better at this, try to watch videos on Youtube primarily to fix the lacking.