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Political events in major economies, such as elections, policy changes, or geopolitical tensions, can cause significant currency volatility. Traders should stay informed about upcoming events and their potential impact on market sentiment. Strategies include using risk management tools like...

Forex trading offers the potential for significant financial gains, providing more flexibility and higher returns compared to a traditional government job. However, it requires skill, discipline, and risk management. While it can lead to financial freedom, success depends on continuous learning...

Managing drawdowns involves staying disciplined, sticking to a risk management plan, and avoiding emotional reactions. I focus on smaller position sizes, use stop-loss orders, and take breaks when needed. After prolonged losses, I evaluate my system by reviewing trade data and adjusting...

If I were to recommend a platform, MetaTrader 4/5 would be a solid choice due to its user-friendly interface, powerful charting tools, and extensive customizability. cTrader is also great for faster execution and advanced features. Ultimately, it depends on your trading needs and preferences.