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What potential forex traders should know
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[QUOTE="Carpon, post: 301827, member: 86701"] There are many people that are into forex trading and then many others with the zeal and intention of getting into it. Well, this thread may be more applicable to those that have the intention of beginning the act of forex trading as I will.ne sharing some things that I term as the necessary fore knowledge that any trader should know. As an intending or potential forex trader, you must know that; ✓ Forex trading is risky. There is no two ways that this can be said. Forex is certainly risky and as a forex trader, you are exposed to risking your funds . ✓ Forex can be learned. I have heard people say that forex trading is all about luck but I've grown to disbelieve that statement. Forex can be learnt through diligence and constant practice. There are people that jump into forex with no prior knowledge about trading. There are many places one can get tutorials on how to do forex. ✓ Forex is profitable. As far as you know how to trade then I can tell you that gradually you will begin to see the yield in form of profit that you will get from forex and forex trading. ✓ Forex require patience. Don't just have the mind that ok the first day, you will begin making money. No, rather you need to stay patient and journey in forex till you become a pro. [/QUOTE]
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