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mnay are losing their capital

Discussion in 'General Trading Forum' started by LorrainMor, Dec 13, 2018.

  1. LorrainMor

    LorrainMor

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    Many retail traders are losing their capital in this decentralized market of forex due to scam brokers. Even many are being forced to withdraw their position from the market entirely and many are losing their courage to trade. Thereby, it is always significant to work with a regulated and experienced broker which can make a trader more secured. And for this reason, it is imperative to work with a broker after analyzing all aspects.
     
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  3. Vectorex

    Vectorex

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    Stop it already. Even the regulated brokers are worst. They are costly to begin with. They promise fund safety, but rip you off with high spreads and trading fees.

    Point of correction, traders who lose their capitals are mostly newbies who see Forex as gambling. They do not have the patience to practice hard before using real money. Don't blame it on brokers.
     
  4. LalRemigiusz

    LalRemigiusz

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  5. lioneld

    lioneld

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  6. Yorley

    Yorley

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    It's very important to study about brorker before they started their trading. When we do business ,we need to work with professional as same as trader. We need professional brokers. Take not more than 5 days to study it before deposit money to broker account.
     
  7. Smash Fun

    Smash Fun

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    Everyone loses. Even the best traders. You should deal with your losses philosophically. Take them as a fact of life. After every loss, find out where you went wrong and write it down in your diary.
     
  8. MarvelPole

    MarvelPole

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    This is the name of the game. You know that there are a lot of people that are ready to pounce upon your weaknesses. You need to be wary of them. You need to make a relationship between trusted brokers. You can check their reviews on the internet and then move forward.
     
  9. lioneld

    lioneld

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    Yes, pro traders also face SL; but the point is; they comeback strongly since they are trading with a logical plan; no one can make here 100% profit; consistency is the key.
     
  10. Smash Fun

    Smash Fun

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    In order to have any chance of making profit in Forex, you first need to understand the market and the factors that are important for success.
     
  11. lioneld

    lioneld

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    Well; I see now are in a bearish trend and right now, I’m waiting for a suitable sell entry point; in this case 110.33 is my most preferable area.