The video included highlights six trading mistakes, however there will be more covered in the article below. It is important to note that trading comes with the inevitability of loss, but these may be minimised with the exclusion of human error/mistakes.
Brokers play an important role in protecting their customers. Many brokers offer unnecessarily large leverage levels such as 1000:1 which puts novice and experienced traders at significant risk. Regulated brokers will cap leverage to appropriate levels guided by respected financial authorities. This should be taken into consideration when selecting a fitting broker.Time investment works hand in hand with the trading strategy being implemented.
Safety is the primary focus; however, a comfortable platform and ease of execution is also central to choosing a broker. Becoming accustomed with the platform and costing should be given ample time prior to trading with live funds.
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