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Thread: Analysis with the trading plan

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    Default Analysis with the trading plan

    Traders need proper analysis to predict the right direction of the market. However, traders also need a proper trading plan and analysis in order to make consistent profit from forex trading. Traders often fail to execute their plans due to their emotional problems. So, it is best to control or minimize their emotion at the time of trading. I learned to control my emotion from my broker Eurotrader educational resources.

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    There are lot of broker in forex market. Trader should always choose a regulated to avoid scam. Scam broker steal trader’s money. Trader should select broker which is regulated by top regulated like FCA, FMA, SECC, CYSEC etc. Currently I am trading with Forex4you. they are regulated and licensed in the forex market. They provide top trading environment and condition.

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    Most people have failed in forex market because of no knowledge about forex. In spite of that there are so many reasons to fail in the forex market. Some of them are Emotionally trading in the forex market, greediness, lack of knowledge, choosing wrong decisions, choosing wrong broker etc. Most of the traders fail in forex market because of choosing wrong broker. Brokers play an important role in successful trading. I am trading with Tpglobalfx. They help me to make profit consistently by giving low spreads and high leverage. I love their trading strategy and all facilities they are given.

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