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We may take a position in the market when conditions are favourable to making a profit, but no trade is a sure thing. Every trade comes with the risk of a loss. It is therefore inevitable that losses will occur at some point. Because it is human nature to dislike losses, many people try to ignore this harsh reality. That explains why many traders have problems.Because they ignore this facts and trade fallacies. Remember you cannot prepare for something that you ignore and to ignore this reality is to guarantee failure. Therefore, if we expect a system to make money in the long term, then we must trade in such a way as to remain in the market.This is where money management vitally comes in. I am an experienced forex trader who has been trading on the platform of the FxGlory (best MT4 broker) for over three years. I have used many brokers but none of them matches what I enjoy at FxGlory.
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Right, one should perform the market research even if they are earning well, because you can never predict the market, the overconfidence can only lead to losses. I a MCX TIPS provider from 2 year still I do deep dive market analysis before investing.
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