Use Proper Position Sizing: Another important risk management strategy is to use proper position sizing. Traders should determine the appropriate amount of capital to risk on each trade based on their...
the concept of leverage. Leverage allows traders to control larger positions with a smaller amount of capital, increasing the potential for profits. However, leverage also magnifies the potential loss...
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trades. Another advantage of using a forex trading platform is the availability of leverage, which allows traders to control larger positions with a smaller amount of capital. This can amplify profit...