Avoid emotional decision-making and stick to your trading plan. Diversify your trades across different currency pairs to reduce risk.
Utilize liquidity providers to access liquidity in different market conditions. Monitor market conditions and liquidity levels to identify opportunities.
Explore trading strategies and market factors without financial risk. Demo accounts help traders hone their skills and gain confidence before transitioning to live trading.
Communicate promptly with your broker when receiving a margin call. Take necessary actions to prevent further impacts on your account.
Demo accounts provide a risk-free environment for beginners to practice trading and make informed decisions in volatile markets.
Updated on: 2024-08-28 00:20:51