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Many newcomers to forex trading seem to find it enjoyable, but they should first consider the risks before getting started. It's crucial to be knowledgeable about the currency pairs you start trading before you decide which ones you're willing to trade. Observe their history pricing data thoroughly. Recognize the importance of the bid/ask spread. Clarify your ideas about leverage; it is a two-edged blade and not always the golden goose.
Recognize the psychology of forex and control your emotions and biases.
Recognize the psychology of forex and control your emotions and biases.