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Forex trading has rapidly gained popularity over time after COVID-19. There are many factors that influence the price of the currency in this market. Interest rates are a major factor in determining the value of a currency. But most of it has to do with the trader's view at the political economy level. Thanks to my broker Eurotrader which provides an economic calendar and news about the interest rate for trading.
We all know the proverb that no risk no gain. Forex market has also risk. A trader when trading in the market, he always try to reduce the risk. It is not easy to minimize the risk. Trader should study hard before trading in the market. A broker also can help to minimize the risk. To give the guideline I take Forex4you as my broker. Their planning, execution and ease of access pleasing me all time.
Trading without any loss is quite impossible in forex market. Not only new traders but also pro traders bear the losses in this market. If you want to trade without any loss, you can try demo account. In there, you will loss only the profit you earned by that demo account. You can reduce your loss by your brain and trading strategy.
Reducing the loss and making profit should be your goal as a trader. Your broker can help you to achieve this goal. I use TP Global FX. They are so good and helpful. In spite of that I have to face losses sometimes. But it is true that they help me very much to reduce my losses and help to make profit after having loss.
the choice of broker must be able to be considered carefully, this is done so that traders can become better and can be maximized in getting maximum trading security and comfort like what I got from Tickmill.
so that everything can be run as much as possible to help trader planning easier and most importantly we have to learn so that it is easy and understand where profits are obtained when jumping in a real account with Freshforex
The selection of the existing broker must be able to be considered carefully, this is done so that traders can become better and can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.