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Traders need proper knowledge

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By and large traders in particularly the newcomers fall a great loss by taking high leverage due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage first of all we have to know how to manage risk. 聽Actually leverage is an important financial tool which an investor to grow his market exposure to a level that exceeds the initial investments. 聽聽

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7 hours ago, Golden Sark said:

By and large traders in particularly the newcomers fall a great loss by taking high leverage due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage first of all we have to know how to manage risk. 聽Actually leverage is an important financial tool which an investor to grow his market exposure to a level that exceeds the initial investments. 聽聽

We have to go easy on the leverage thing though, especially if we do not thoroughly understand the market and don't have any proper risk management. It can become a danger then because leverage can mean great lose just as it can mean huge profit too.

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On 6/29/2022 at 8:07 AM, maspluto said:

Existing analytical skills must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

We will have to develop such kind of Trading based skills that will help us in earning more profits from the markets.

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You have to generate your own trading signal through market analysis. You have to pick up your strategy based on the type of your trading, like if you are a scalper, you should develop a scalping strategy. Eurotrader allows traders to apply any type of strategy on their platform and you can also use multiple accounts here at a time.

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