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Traders can make money in the forex market. However, it depends on the strategy they use. It is possible to use a number of strategies. But I recommend one strategy is enough if you are a beginner. Also keep in mind that, there are many brokers that don’t allow certain strategies like scalping or hedging. So, try to trade with a broker like Eurotrader which allow all kind of strategy.

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On 6/24/2021 at 10:03 AM, uncle gober said:

a trading plan must indeed be owned by traders, this is done so that traders can become more leverage in managing existing funds and risks better than before.

We must make use of a Trading plan that can give us more profits from this business.

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There are lot of currency pair in forex market. But I prefer to trade in major pair like EURUSD, GBPUSD, USDJPY. They are quite volatile than other currency pair. Moreover, my broker Tpglobalfx provides low and tight spread in major pair. I am scalper, So, I need low spread for my trading strategy. However, trader should trade in all pair. Mastering one or two pair is enough to become successful.
 

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With simply internet connection and PC you can do the trading from your bed. From the Monday morning opening in Australia to the night shut in New York, the forex market never rests. In forex trading, with a little deposit you can begin trading. Leverage gives the trader the ability to trade with little sum. I am trading forex from home with Eurotrader. They give me 1:500 leverage. My account manager assigned by Eurotrader additionally bolster me a great deal in my learning and trading.

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Many people who dream of a successful and profitable job want to be a trader. Forex is one of them. But if everything is so easy, everyone should be a trader. In my case, at some point, I lost strength and confidence in the correctness of my decision and felt abandoned. However, my broker Eurotrader has led me to trade through their educational materials.
 

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To trade in the forex market, any trader needs a broker. Broker can be good or bad. By selecting a good broker, a trader can easily take decision whether he has to trade or not. Good brokers are generally are those, who provides low spreads and high leverage than others. Withdrawn process should be easy. Brokers  help traders to gain profit and reduce the risk of losses.

A broker can be a guideline for any trader. Choosing a good broker is not an easy task. I am trading with Forex4you, which is the best broker for me. They provide low spreads starts from 0.1 pips and their maximum leverage is 1:1000. They provide 24 X 5 customer service to the traders. So for me, they are the best broker.
 

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On 7/9/2021 at 9:44 PM, Sam Patrick said:

To trade in the forex market, any trader needs a broker. Broker can be good or bad. By selecting a good broker, a trader can easily take decision whether he has to trade or not. Good brokers are generally are those, who provides low spreads and high leverage than others. Withdrawn process should be easy. Brokers  help traders to gain profit and reduce the risk of losses.

A broker can be a guideline for any trader. Choosing a good broker is not an easy task. I am trading with Forex4you, which is the best broker for me. They provide low spreads starts from 0.1 pips and their maximum leverage is 1:1000. They provide 24 X 5 customer service to the traders. So for me, they are the best broker.
 

We can get income from trading in the Forex markets if we will start using a Balanced Trading Systems.

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On 7/16/2021 at 12:40 PM, uncle gober said:

a trading plan must indeed be owned by traders, this is needed so that traders can carry out more targeted trading activities and can become traders of the month with Tickmill.

If we are looking to get income from our trades then we will need to make use of a Reliable Trading Plan.

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There are a lot of strategies to make a profit in the forex market. Traders can use one or a combination of these strategies in their trading, depending on their personality. There is no better one strategy than the others. Mastering one or two is enough to become successful. As a scalper, I am trading with Forex4you. They give me the best trading condition for scalping.
 

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  • 3 weeks later...
On 8/8/2021 at 6:43 AM, David Meyers said:

Forex is very risky. However, I recommend that new traders should first use a demo account before investing money. Also, focus on learning. There are a lot of sources to learn. In my case, I am focusing on my knowledge by taking Eurotrader free educational courses.
 

We will need to use Trading systems that have the Lower Risks in them.

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Scam exists in every sector. Forex is an online-based trading market. So, scams exit significantly in the forex market. Most of the time unregulated brokers involve in scam activities in the forex market. They steal trader’s money, manipulate traders' trade, and many more. So, it is wise to trade with a regulated broker. That’s why I am trading TP Global FX which is a regulated and licensed broker in the market.
 

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21 hours ago, broforex51 said:

 If you want to success in Forex, you should know what is the tools to reach your success, even in Forex market. So guys please read carefully this secrets from FreshForex, you will not find it except you go to FreshForex website here https://freshforex.com/training/interactive/ If you understand what I mean, you will get your success key.

If we are looking to make profits from our trades we will need to use a Reliable Trading Systems.

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  • 2 years later...

If skill is there, money isn’t matter. Skill of using indicators and fundamental market analysis are required for better trading. There are some indicators too that can identify the support and resistance level for you like fibonacchi, moving average and Bollinger bands. FXOpulence provides more than 400 technical tools and indicators to traders.

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