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Forex Trading Myths Debunked: Let's Separate Fact from Fiction

K

kingdee3

New Member
What are some common myths or misconceptions about forex trading? Let's debunk them and provide clarity for new and experienced traders alike.
 
One of the myths about forex is that you can make a lot of money quickly by trading with maximum leverage. In reality, high leverage increases both potential profits and losses. It also increases the risk of losing all your capital. Proper risk management and position sizing are critical.
 

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