binarysumo22 posted: Did you practise on a demo account for a while? You will know you’re confident enough to take real risk. So, start accordingly!
Yes I practised in a demo account and every trader should do that too! I believe it is one of the most crucial steps in the trading journey. It helped me strategize my moves, gain experience, and sharpen my trading skills without putting any real money at risk.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.