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Thread: My strategy good or bad?

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    Default My strategy good or bad?

    This is simply supporting and I don't believe that this is smart for exchanging. However, in the event that you are truly adept at supporting, you can do this yet actually, I could do it without taking a stab at supporting methodology in my live record.

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    Trading strategies should always be tested before moving on to trading on a live account. I test my strategies on a ForexChief cent account. For me, this is the most effective strategy testing method. Some traders test a trading account on a demo account. In any case, you should always check trading strategies before applying them to a live account.

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    The securer a broker is, the more trustworthy it is among traders. Select a broker by taking advice from experts as the market is saturated with different types of brokers. There are several issues a trader needs to look for before choosing the right trading broker, including security, account types, and other facilities.

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    Try to turn the uncertainty into certainty by analysis. Both paid courses and free courses can be effective in this case.

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    MT4 is the preferred software platform for traders primarily focused on the forex market. MT5 has broader applications in contract-for-difference (CFD), stock, and futures trading. Even though mt5 is much updated than mt4, I prefer mt4 the most because I understand it much.

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    Qualities like keeping patience, not being emotional, avoiding over-trading and hedging should be in a trader because these really help.

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    Traders have to focus on market analysis as much as possible. But traders have to learn how to use these tools to analyze the market. Besides technical analysis, try to focus on fundamental analysis for better market forecast. FXOpulence uses advanced technology to support traders efficiently in their trading.

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