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Vaabum
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Everything posted by Vaabum
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How to protect and secure your Forex trading business.
Vaabum replied to Lin5878's topic in Forex General Discussion
I believe that here the logic is about the same as in bank data. Data security - first of all! -
When choosing a broker, it is worth paying maximum attention to the reliability of the company. As for me, this is really one of the key factors in choosing a broker to work with.
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Forex Brokers- How do I Find The Right One?
Vaabum replied to RusefTrader's topic in Forex General Discussion
Now the choice of companies for work allows you to choose the most suitable option, the main thing is to select and check correctly. -
I believe that the trader should really have experience working with different companies. When I first began my career as a trader, I tried to work with different companies. Now I use a broker from ExpertOption to work, and this option suits me quite well.
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Now there are a really huge number of different propositions for traders who can really make a profit.
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In general, such an option is quite interesting, the main thing is to correctly analyze the exchange rate.
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Choosing a good broker to work with is a key challenge for the trader. For example, I chose a broker from ExpertOption to work, and I think such a choice is right.
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Do you learn trading by yourself or from a mentor?
Vaabum replied to Levie's topic in Forex General Discussion
For this industry, a more suitable option is self-training. As for me, this will have a really better result. -
I believe that forex is an excellent option for investing. Yes, it requires knowledge and training, but it can bring very good results with the right approach.
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As for me, then the demo account is a really important stage for the trader. At least for a beginner, this is really the stage that just needs to go through.
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How to protect and secure your Forex trading business.
Vaabum replied to Lin5878's topic in Forex General Discussion
The most important thing is the security of funds. As for me, this should be given maximum attention. -
I believe that the issue of adapting to terminology is really worth paying attention before starting to work with a broker.
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The most important reason is that people often simply do not animate their mistakes. A banal analysis of errors could already help many.
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I believe that this rule is especially relevant for beginners. For example, when I started working with a broker from ExpertOption, I was replenished for just a small amount.
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From what I understand - brokers earn on commissions and other trifles.
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The most necessary for a beginner when choosing a strategy is to try this strategy on a demo account. When I started working in this industry, I tested strategies on the demo account of broker ExpertOption.
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The most important thing that a trader gets when working on a demo account is experience. It is through experience that a trader can make better decisions in the future.
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Now there are a lot of good companies, but you should not immediately pay the bill. I usually start with a demo bill.
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Now there are really plenty of strategies, but the main thing is to find a suitable strategy for yourself. And check better on demo account)
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Training and practice is extremely important for the trader. These are really aspects that should be given as much attention as possible in the process of work.
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For me, low spreads are one of the key factors in choosing a broker. At least it really affects the outcome of my work.
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From my experience, I can say that it is better to teach terminology in advance, because this is an important aspect for a trader.
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I believe that these are really important tools for trading, the essence of working with which you need to know.
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Usually brokers earn on commissions and other trifles, mainly due to the volume.