It is surely possible to make some amount of profit if you keep working hard and show some determination towards your trades. Try to use some strategies that turn out to be useful and profitable. Keep exploring and experimenting with them.
I am not much experienced trader and also really not understand at all about Forex. I just did it simply. From historical trading, please kindly advise if any missing important thing which I might damage my money.
you should place trades carefully after reviewing the market conditions and voltality
I'd aim for at least 3:1 trade otherwise its not worth doing ,ok sometimes you have to cut at break even if you see an obvious change in the pattern ,but most of my trades are 5:1 ,10:1 5-10% per month is easily possible.
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.