Forex is famous for its high volatility. Thanks to that, in this market you can earn a lot of money even with a quite small investment. However, due to the prevailing economic instability around the world, the volatility in the foreign exchange market has become so high that traders have to find ways to adapt to it.
This is the third and final article in a series of useful tips that will help you adjust your trading habits and improve your trading performance in the second half of 2020. Today we will talk a little about risk management and focus on how to set goals for ourselves, as well as how to work with our improvement plan. Without further ado, 4 more ways to improve your trading.
There is a lot of talk around the leverage in the Forex community. Some think it’s their salvation, others believe it might ruin you. Both opinions are right because high leverage can bring you both huge profits and losses. Today we will consider in detail how this tool works, what risks it carries, and how to control them.
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