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In order for a person to be profitable in forex must

Masthere

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  • Read books or articles about Forex trading. A lot of information is available online, and in print, so you can find sources that suit your learning style.
  • Take an online course. These can be interactive and provide a more hands-on approach than simply reading about Forex trading.
  • Use demo accounts to practice trading. Many brokerages offer these, which can be a great way to experience them without risking any real money.
  • Join a local meetup or online community devoted to Forex trading. This will allow you to network with other traders and learn from their experiences.
 
  • Read books or articles about Forex trading. A lot of information is available online, and in print, so you can find sources that suit your learning style.
  • Take an online course. These can be interactive and provide a more hands-on approach than simply reading about Forex trading.
  • Use demo accounts to practice trading. Many brokerages offer these, which can be a great way to experience them without risking any real money.
  • Join a local meetup or online community devoted to Forex trading. This will allow you to network with other traders and learn from their experiences.
Learn one strategy and master it! All while using a demo account until you can continuously month after month be profitable. After that just start off slow with the small account and build it using this strategy you mastered! By then you probably will be addicted and can you will be drawn to learning more.
 
  • Read books or articles about Forex trading. A lot of information is available online, and in print, so you can find sources that suit your learning style.
  • Take an online course. These can be interactive and provide a more hands-on approach than simply reading about Forex trading.
  • Use demo accounts to practice trading. Many brokerages offer these, which can be a great way to experience them without risking any real money.
  • Join a local meetup or online community devoted to Forex trading. This will allow you to network with other traders and learn from their experiences.
Make sure you focus mainly on money management then win rates
 
First of all, you need to study the methods of technical and fundamental analysis and create your trading strategy based on them. It is also important to have the discipline to trade only according to its rules and control risks in transactions. The reliability of the broker is also of great importance, which would provide favorable trading conditions, minimal spreads and instant execution.
 

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