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katie27
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Learn before you go for live trading account, demo account is best for learning and most of the trading companies provide this facility. After doing training go for live account and choose your trading platform that suits on your strategy and goals.
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In automated Forex trading, robots and algorithms work. The information generated by these robots known as signals or indicators. However, sometimes these signals may generate wrong information hence; take care while making any decision.
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Yes! there are lots of books are available but among them these five books are the best for trading - 1. Technical Analysis of the Financial Markets (by John J. Murphy). 2. Market Wizards & The New Market Wizards (by Jack. D. Schwager). 3. Trading In The Zone (by Mark Douglas). 4. Mastering The Trade (by John Carter). 5. Volatile Markets Made Easy (by Guy Cohen).
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In Forex trade you can sell and buy currencies 24/7 hours in a day. So it is not possible to track the market updates all the time, hence we can sell our latest news and updates to other traders.