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Thread: Don't invest big without proper knowledge

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    Default Don't invest big without proper knowledge

    The forex market is risker than you think. Donít invest big at first. There is a high probability you can lose all of your money. Try the demo account first. Then go for a small investment if you can secure consistent profit, then go for a big investment. I am trading with Eurotrader. I started trading with only $50 in their micro account. It is a licensed broker in the market.

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    Spreads are a legitimate source of income for brokers to provide trading services. However, some brokers charge a fee for trading services. That's why traders should use the demo account to test broker facilities. New traders must first trade with a demo account which most brokers like Eurotrader for free.

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    Risk is the common factor of forex market. A trader can face the loss most of the time if he has no knowledge about trading. A trader should know the right time, right place and right currencies while he is trading in the market. Most of the traders lost their money because of their little knowledge about forex. Most of them don't know how to recover losses. Sometimes traders take decision emotionally after loosing money. It causes more losses. I am also a trader of Forex4you. I always welcome losses and think that loss is the energy to make profit. Taking wise decisions can recover the losses.

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