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So first try on demo account than you take risk on real investment. Trading currency in the foreign exchange market forex is fairly easy today with three types of accounts designed for retail investors: standard lot, mini lots and micro lots. Beginners can get started with a micro account for as little as $50. Before you start jumping in you should familiarize themselves with the market and terminology of the forex market, and if you've already been trading stocks online it should be easy to get started. Below is a list of terms you should learn. PIP: The smallest price change that a given exchange rate can make.
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Suppose he goes long with the euro at $1.
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As a result, below are 10 attitude traits you should adopt if you decide to learn Forex trading:Emotions are part of human nature.
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