We already discussed why Forex is so hard and when you should quit Forex trading. Sometimes, it's enough to take a break and not trade for a couple of days or weeks. The following recommendations will help you to trade with maximum effectiveness.
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Today we will talk concisely about the problem that can destroy the beginner's capital. There are many rules for trading, but one of the most important is to open new trade with adequate preparation. So let's speak about the typical beginners’ mistakes and find out how to avoid everyday lousy trading habits.
Greed is not the best human quality, and if you trade financial markets, you have to overcome it, as greed in trading can lead to financial ruin if not adequately managed. Recognizing even the slightest signs of greed may be complicated, and sometimes you can mismatch it with excessive motivation. That's why understanding how to avoid greed will benefit you in the distance.
If you simply want to know whether Expert Advisors (or EAs) bring profit, then the answer is definitely yes. But I suggest that before you buy the first trading robot you see, we take a closer look at this topic to make sure that you choose the right program, use it correctly and, most importantly, don’t cause yourself unnecessary losses.
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