What is forex and gold trading
To trade safely, there are some strategies that you should know and follow to avoid huge losses and any potential risks in this market. Among these strategies:
- Do not risk money that you cannot lose, and you should expect loss as you aspire and plan to profit. When you risk a large capital, you expose yourself to loss, which will affect the nature of your decision-making, which will be unbalanced, which leads to more risks.
- Make your trading within your ability and do not risk large sums. It is advised to keep your trading within what keeps you safe. You should not open a $200,000 position with a $1000 account.
No need to earn a large percentage every day and add it to your money. Do not start with large sums and keep your trading within the limits of your account. This strategy enables you to get long-term ratios.