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Random article: Types of Forex traders based on risk
Benefits : Higher profits than low and medium risk traders have. Demerits : Chance to lose the capital is 100% at any time. Emotions have more impact on them and make them lose even more due to the emotions by taking more risky trades. Not at all good for long term profits. Very risky. Conclusion : - Based on risk we take, we get a respective reward and loss in case of a failure. So, it is up to you to decide which one is suitable for you and trade carefully. Note: The above article is for information purpose only and is based on personal opinion of article writer.
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Popular article: Fibonacci Retracement in Forex
Technical levels are one of the crucial elements of technical analysis on the Forex market. Technical levels represent a certain value approaching which the price faces resistance in further movement. On the chart it is pictured as zone (level), where price went and bounced off later, repeated its movement to the level again and without being able to pass it bounced off. Such approaching and returns can take place on a repeated basis and the more efforts are made, the stronger price level we have.
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Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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