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Brokers play a crucial role in assisting traders with any issues that may arise. Understanding trading fees is essential due to the significant variations among brokers.
Utilize technical indicators like RSI, MACD, and Fibonacci retracement for analyzing price movements and making informed trading decisions.
Effective risk management involves ensuring that winning trades outweigh losses in the long term. Regularly monitoring trading performance helps identify potential risks.
Understand the impact of leverage on profits and losses. Stay updated on market events to make informed trading decisions and minimize risks.
Updated on: 2024-08-27 21:18:25