While it is impossible to completely eliminate the risk of losing money, there are a few rules that can significantly reduce such risks. First, avoid conducting a large number of trades within a short period of time. The optimal trading time on our platform is 5 to 8 hours a day. Second, focus on low-risk trades based on technical analysis and current market news. Finally, if you are a beginner, practice with a demo account to get familiar with your trading tools and strategies.
A broker offers options to automate most trading processes, based on predefined conditions. If you prefer not to rely on automation, you can develop a trading strategy tailored for short-term trades and strive to maintain a positive balance.
It really is possible to combine trading with your day job. You have the flexibility to determine how many hours you allocate to trading, making forex trading a viable additional source of income.
Effective assistance on various aspects of your trading account and other financial activities related to trading on the broker's platform.