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10 Ways to Avoid Losing Money in Forex

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The Casino Rig: How Professional Traders Trade to Win Consistently

Ready to learn about forex? No matter your skill level, we have videos and guides to help you take your trading to the next level.


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New trader? Remember that you are going to win some trades and lose others. Take satisfaction in the accumulation of a few more wins than losses.

Over time, that could make you rich! The Balance uses cookies to provide you with a great user experience.

Ready to learn about forex?

By using The Balance, you accept our. Forex Trading Getting Started. By John Russell.

How to win in Forex Trading (Guaranteed)

Rosenberg is short, not too sweet and highly admired introduction to the Forex market. Two strategies that belong in every trader's arsenal:. Putting all your money in one big trade is always a bad idea. Familiarize yourself with ways of guaranteeing a profit on an already profitable order, such as a trailing stop, and of limiting losses using stop and limit orders.

How to Make Money Trading Forex

These strategies and more are covered in the recommended books. Novice traders often make the mistake of concentrating on how to win; it's even more important to understand how to limit your losses. Continue Reading.