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How can someone get rich through forex, what money managment is involved?
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[QUOTE="Sotherefore, post: 232375, member: 27033"] I don't really think money management is the most important thing , but the most important thing that can help you to be able to trade forex without losing and for you to be able to maintain a constant profit is that , you should be able to generate a signal to at least 80% accuracy for a start and when proper risk management is apply , you cann actually make money with trading of Forex without having to have any other source of income , especially if you will be trading with high liquidity or high capital. If you are trading with high liquidity, you need to also understand the risks that is involved because here I believe that your account can easily be liquidated if the market make a slice uturn against you and so many other risk. If you're interested to make forex trading your professional online business , the most important thing is just to dedicate your time and learn it because that is where every profit in the volatile market lies and without proper understanding you won't be able to make anything. So many people who chose to trade without any understanding will eventually lose all their money. [/QUOTE]
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How can someone get rich through forex, what money managment is involved?
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