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Foreign exchange trading requires experience, but if a novice trader practices a lot on the demo account, he can trade successfully in the forex.
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Is Forex trading perfect for beginners?
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Well with help of programs like #metatrader that comes with a ton of robots that run on autopilot you have pretty good chance to make some decent money.
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In my opinion, Forex trading is not for beginners because it requires much knowledge and analysis on the market for trading perfectly which is why beginners should not trade by itself until they are ready to take the risks.
Regards,
Regards,
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I used both demo and live and lost money so I do not recommended to beginners for Forex Trading. First read about it and learn for 1 to 2 year then think about playing it otherwise you will lose big amount.
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(05-08-2017 03:13 PM)Victor Dub Wrote: Well with help of programs like #metatrader that comes with a ton of robots that run on autopilot you have pretty good chance to make some decent money.
I've always been wary about robot trading (although I've not done real trading either, except binary options). Have you really made money with robot trading?
If yes, can you please suggest a good software?
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The Forex Trading requires experience and skills as it will help you to grab the huge profit from Forex trading business because nobody knows when market is up and when it is down. so think before act.
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Not at all for beginners.
Forex trading is absolutely complex with tons of variables. Most beginners jump into forex with a basic understanding of technical analysis and learn along the way, paying “tuition fees” as a result.
Forex trading is absolutely complex with tons of variables. Most beginners jump into forex with a basic understanding of technical analysis and learn along the way, paying “tuition fees” as a result.
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If you traded in the Forex market before or if you’re still trading now, you may have read the word Forex broker plenty of times. However, as an individual trader, you may want to know exactly what is a Foreign exchange broker as well as just what they do.
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