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You can trade with any broker. I don’t think regulations matter much these days. A regulated broker will restrict you, so it’s better to trade with a broker that allows you to use the strategy of your choice.

Despite the fact that you can trade with as many pairs as you want, it is advised that you only ever trade with one to two pairs at once. Because every pair trends differently and necessitates specialised knowledge, this is. Any significant pair can be used to begin trading. Because it is...

It is true that most traders simply copy other successful traders and do not properly prepare for the market. This is what causes them to fail in the currency market. Instead, they should learn everything they can about forex trading and practise as much as they can. It will help them become...

It's upsetting when you lose money in the market. But trading is a business, and nothing should be taken personally. It is preferable to devote yourself to learning and becoming an expert in the field. You can reduce your chances of losing money this way. Learning from your mistakes is the best...

Success in trading cannot be attained without consistency. So it should be clear why trading success is difficult to attain. The risk of losing a lot of money is greatest for the novice Forex trader. Forex trading may appear simple at first, especially if a novice trader experiences beginner's...

The answer will vary to each and every individual depending on the proximity of trouble caused by degrading health. If someone has a very serious health issue - it is completely their choice to trade forex or not. I would not like to impose my opinion here, considering health is of utmost...

Dream big but have a plan for it because dreams can't work without a solid plan and strategy.

My biggest tip for a beginner would be “never neglect using risk management strategy”. Use stop loss to limit your losses. The beginners should focus more on protecting their capital before focusing on making profits.

It’s difficult to make consistent profit but you can do it; - Do not follow other traders. Create your own trading strategy - Using risk management tools and stop losses can even help you in any trade. - Using technical analysis and patterns for making a well aware trade and this can...

I definitely think that reading books related to forex can help improve your trades. I know that they've helped me become a better trader myself.. Here are some good books I am suggesting you; -Currency Trading for Dummies, by Brian Dolan - How to Make a Living Trading Foreign Exchange, by...

Leverage is something that is exclusive to the forex market. And for this reason, many traders choose to trade forex. Other than that, it offers flexibility with a wide range of currency pairs to choose from.

EUR/USD forever! Other than that, I enjoy trading USD/JPY and USD/CHF.