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I Look Back Now and Wonder

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Thanks for input it should really be helpful for newbies on their path to successful forex trading. I'd add that reliable broker choice is like a finishing feature which ensures you won't stumble upon an issue in your trading from the angle you couldn't expect. Personally I go with Hotforex, you can also check them, but do your own due diligence as brokers are quite difficult to choose

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Forex traders predict changes in currency prices and trade positions in currency pairs in the foreign exchange market to profit from changes in currency demand. They can execute transactions for financial institutions on behalf of clients or as individual investors.

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On 9/2/2022 at 10:06 AM, CrazyCzarina said:

Forex traders predict changes in currency prices and trade positions in currency pairs in the foreign exchange market to profit from changes in currency demand. They can execute transactions for financial institutions on behalf of clients or as individual investors.

Yes forex is governed by laws of supply and demand we can't ignore them and should look for their factors. However they are constantly changing and evolving. That's why it is so hard. 

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It can be done. IMHO, it ain't about any single trade nor even any bad day nor week. It's a long-run game of statistics.

Micro Gold futures. 2 months. No hedging. No pyramiding, stacking, scaling, nor martingale...

doable.jpg

(This is my company's proprietary algo, so please understand that I can't disclose it).

Edited by RJo

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