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Is It Possible To Evade Loss In Forex Trading
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[QUOTE="Ludicrism, post: 282295, member: 89155"] Losses can never be evaded 100% from forex trading but there are certain things that can be taken care of like: 1. Know your risks 2. Before you start trading forex, make sure you understand all of the risks involved. Do your research before starting any trade, once you know the risks you will be aware of them. 3. Have a trading plan - When trading forex, it is important to use a trading strategy that is tailored to your individual goals and risk tolerance. 4. Stay informed about market conditions Keep up to date on market conditions and make sure that you are aware of any changes that may impact your trade. 5. Use a stop-loss order If you are trading forex and feel that you are getting close to your limit, place a stop-loss order to protect your investment. [/QUOTE]
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Is It Possible To Evade Loss In Forex Trading
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