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True. It is a risky market. Traders need to learn about proper risk management in order to survive in the market.

There is nothing certain in forex market. That’s why it is most interesting market in the world.

Traders should try to build your own trading strategy. Other’s trader strategy may not work for you as it works for others.

I also agree. Knowledge is the main weapon in trading. So, learn as much as possible.

Is it monthly? If it is, it’s quite hard especially for new traders.

True. I agree. Both are essential to be a successful trader.

Learn from your mistake and loss. That’s the way of trading.

Trading is kind of mind game. So, always try to trade with clear and sound mind.

True. Focus on quality rather than quantity.

Open demo account first and practice trading as much as possible.

You can gain knowledge through experience. Practice in demo account and learn the way of trading.

I also agree with this theory. That’s why traders need to have good understanding of support and resistance level.

Pandemic make the forex market more popular. People are more interested in online income.

Trading with trend will give high probability of success.

Mistakes are common in forex trading. Just learn from your mistake and avoid repeating same mistake twice.

All major pairs are good for new traders. New traders should not try other than those pairs.

Right. Set a goal is important to know your progress. But trading without plan is kind of foolish.

True. It is the best opportunity to earn money in my opinion.

Scam brokers often steal traders' money to satisfying their need.

Every business has it is own risk, forex is no different.