Forex Trading Secrets - Learn to trade forex - 2019

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FOREX TRADING SECRETS 

• FOREX TRADING SECRETS SEPARATING YOU FROM THE
  PROFESSIONALS

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INTRODUCTION

• Today, we will be discussing the secrets that
  many successful forex traders and brokers like to
  keep to themselves when trading forex. These tips
  will surely help you in your trading career and
  should help you produce more profits from
  currency trading.

Understanding That The Majority Of Retail Traders
Fail

• This isnt really one of the forex trading
  secrets, but it is still incredibly important. It
  is estimated that over 80 of people who will try
  to trade forex will fail and lose money in the
  market. The main reasons for this are a lack of
  education, and being far too greedy trying to
  make money too quickly. The 20 who succeed are
  well informed in trading and understand how to
  manage risk correctly.

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Every Broker is Not the Same!

• Different brokers have varying rules and
  regulations attached to your trading account.
• If you are in the UK, always ensure the broker
  you are using is regulated by the Financial
  Conduct Authority (FCA). If you are in Europe
  using a European broker then they should be
  regulated by well-known licenses such as EFSA,
  CySEC, and ASIC.

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Avoid Using the Dealing Desk at Brokerages

• Always ensure the broker you are using is an ECN
  system which allows you to execute your own
  trades quickly into the market.

Do Not Rely on Signal Providers

• This is one of the major forex trading secrets.
  There are many signal providers out there that
  claim to be able to provide you trades that will
  bring you in profits every day. The majority of
  these signal dont work and are a waste of your
  money and time.

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Have a Trading Plan

• This is an incredibly important point. It is
  imperative that you have a Trading Plan. When it
  comes to making trading decisions, having a
  Trading Plan can be the difference between profit
  and loss. 

Conclusion

• Following a few of the forex trading secrets
  above will get you on the correct path to trading
  profitably in the forex market.

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THANK YOU

• How to become a profitable Trader.By any chance,
  if you are a new trader and would like to learn
  how to trade, then sign up today to our 2-day
  free Foundation to Forex Trading Course.