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Funding a business
Six key reasons why traders are losing money
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[QUOTE="Chibson, post: 239638, member: 27553"] Forex trading is a very lucrative business and at the same time it is a very risky business in the sense that if you do not have proper knowledge and understanding of how it works you will probably not make profit. Having proper knowledge of how it works is not even a guarantee that you would make a lot of profit. It is important to have knowledge and know everything about forex trading and understand the history about it before you venture into it fully because that alone can give you a lot of clue on how to become a successful forex trader. Before you place a trade it is very important you make a lot of research. Lack of research is one of the main reasons a lot of people lose money in forex trading. many people take forex trading as gambling and therefore they do not make proper research using technical and fundamental analysis in order to make maximum profit. It is very important you understand technical and fundamental analysis well before you become a forex trader because without them there is no way you can make profit. It is always important for you to use the capital that you are always ready to lose. [/QUOTE]
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