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In order to my trading knowledge, I think due to lack of most powerful analyzing trade knowledge is our foremost weakness in this market place. as a result , almost 90% traders are loser from this trading place in particularly the newcomers. so, we have to ensure the regulated trading broker which always make sure best trading environment for acquiring exact trading knowledge by providing proper education.
Trading in forex is not a game. If you want to be a trader in forex market, you should know the basics of forex. You can learn about forex from different sources, such as: Senior traders, e-books, different types of forex books. But above all, I think the best source to learn about forex is a demo account. You can easily learn all the basics of forex from demo account. I am also a trader. I am trading with Tpglobalfx. When I was entering into the forex I also opened a demo account. It helped me to learn all the tools and techniques about forex practically.
Forex trading is offered by many online brokers around the world. You can open a trading account in a few minutes. In addition, it is easy to trade on rising and falling prices of currency pair. Every currency pair has two currencies. I am trading with ForexChief. It provides me 200+ currency pair to trade in forex market. When you open a position, you invest in one of the currencies, and when you close the position, you do a currency swap.
Forex is not a game. It needs a lot of knowledge and patience. A trader must have all kind of knowledge about forex market before he starts to trade. Knowledge can be gathered by so many ways. If any trader wants to gather knowledge about forex market he can try a demo account. I started my forex trading with a demo account of Forex4you broker. From there i gather all kind of knowledge when I did some trade with demo account. This is one of the best way to gain knowledge about forex market.
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