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How to enter the Forex market effectively?
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[QUOTE="Shaf, post: 283649, member: 25467"] This is great information a new trader in the forex markets will find useful. In my own experience, it is very essential to learn the basics of the market first, especially the language and terms used. It is also helpful to study as much as you can on YouTube and demo trading accounts. This way, you know what to look out for when executing a trade. It also helps to start with a small amount of money, especially money that you really worked for and won't want to lose. Having a large trading account creates a false sense of confidence which makes people lose money fast. With a small amount of money, you can easily try many times to see what works for you, since it's important you find your own edge in trading. You also learn how to control your emotions and manage risk, both of which are as important as having capital to trade with. [/QUOTE]
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How to enter the Forex market effectively?
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