Looking for Advice on Investing a Small Inheritance in Forex

Oct 22, 2024 at 06:00
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1 Replies
Member Since Oct 22, 2024   1 posts
Oct 22, 2024 at 06:00
Hi everyone, I’m new to Forex trading and recently came into a small inheritance. I’m interested in investing the money to grow it as quickly and safely as possible, but I’m a bit lost on where to start. I’ve heard Forex can be a great way to achieve high returns if done right, but I’m still learning the basics.

Could anyone offer guidance on the best strategies for beginners in Forex trading? I’m looking for reputable platforms to use and any tips on minimizing risks while maximizing gains. Feel free to text me at ‪6196780829‬ with any advice or resources!

Thanks in advance!
Member Since Jul 27, 2024   2 posts
Oct 22, 2024 at 06:26 (edited Oct 22, 2024 at 06:28)
Hi Johny

I think it is great that you are learning what is your plan to keep your money safe while your learn?(guidance number 1)

I can advise you to also focus more on understanding what defines risk when trading in the forex market and how it can work to benefit you in the long run before you think of investing your money.

Lastly, I use automated trading for my trades and I can also trade using technicals but I have found better risk controls when using automated trading.. You can browse my trading history for more details
Life is like a chess game. One wrong move and you lose a piece of yourself.
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