every trading definitely has risks of each so that we can not seem to avoid it as a whole. As a intelligent trader we must know how to minimize the risk of forex trading
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every trading definitely has risks of each so that we can not seem to avoid it as a whole. As a intelligent trader we must know how to minimize the risk of forex trading
No do over trading.
Never Trade in Range or slow market.
Never Risk more than 2% than your account size.
--- These are my 3 major points for reducing losses.
in a demo account we should be able to better understand the various ways in order to make us more leverage in capabilities and can maximize how it works properly and can be easy to achieve profitability, we can understand that our analysis well as I did with the broker
https://i.gyazo.com/323a1beaf90eeaf1...a4a39bfb6c.png
correctly. a demo account is not just a place to find out the trading process, but more than that in a demo account we could find a lot of knowledge, especially about forex that will be very useful as we grip in trading using real account later.
If you ask me how to avoid losses in forex trading, I surely answer only with one word, that's DICIPLINE! do you know why? If we can do that with everything that we have to do to get good trade, we will really get it. dicipline is the way to catch successfull even in forex trading, so we must keep it up.