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Let's get back to the topic of trading assistants that are not worth your time and money. In the last article, we talked about two types of such indicators. Today's three programs will close the top five.
One of the most challenging things in Forex trading is understanding when it's time to close your position. Many traders can not close the position when it keeps rising, but at the same time, they are waiting for the chart to turn around when they lose money during a trade. So timing is everything, and you do not have to overhold positions, as it usually decreases your profits. There are four common types of traders: scalpers, day traders, swing traders, and long-term traders. So let's take a closer look at each type of trading.
Scalping attracts millions of traders because of quick profits. Still, it is one of the riskiest and most difficult trading styles. Before choosing scalping as your main trading style, make sure that it suits you and you have enough trading experience.
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