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Forex trading is really worth of your time if you know about the market. Without proper knowledge, you can loss all your money in a day. Demo account is best place to learn. So, trader should use it practice and invest small first. I am a forex trader too. I start trading with Eurotrader. I trading with only $50 with their micro account.
There are two types of trading in the forex market. They are auto and manual. There are a number of psychological factors pulled manual trader back. That's why many traders prefer fully automated trading with their trading strategies and rules. I am trading with Forex4you, and it took me months to create a winning trading robot. But once I did that, I noticed my trading game changer.
The risk in forex is high but the rewards are also comparable. it's just that we should not be tempted by rewards or results that can be obtained because all of that requires a process and also supporting trading skills. The spirit of learning that we must run so that we can get results in trading
Always making profit is difficult in forex market. You can easily earn money if you have enough knowledge about forex market. But in spite of having good knowledge, it is quite tough to ensure profit all time. It is right that in forex market a trader can make consistent profit. But it is not all time. New traders should know that fact that earning money in forex is easy but always making profit is not so easy.
They should keep patience and keep trying to make consistent profit. I couldn't make profit at first. But now I can make profit consistently with the help of TP Global FX because of their ease of trading techniques. They are like my guideline in the forex market.
The choice of a broker must be carefully considered, this is done so that traders can be even more leverage in getting the security and comfort of trading with Tickmill.