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How to get started with Forex?

Lincoln Ferguson


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Hi, thank you for asking this question! 

The first step when starting with Forex is to open a demo account, which will allow you to register your own paper trade. And before committing too much of your own capital, you should learn the rules of the trade, and how the trade functions, what are its advantages and disadvantages. Then when you feel confident enough, you can commit as much capital as you feel necessary.

It is important to trade without emotion. Also, do keep track of previous successes and failures so you can learn what works and which mistakes you are making. After you conduct an analysis, try to focus only on present trade, approaching every single one as the first one.

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