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Three rules for trading:
Know what you are buying.
Know the ground rules under which you decide to buy or sell a currency.
Know the level of risk you are undertaking.
- Create a systematic approach to trading.
- Trade with funds you can afford to lose.
- Use the most efficient forms of execution.
- Keep in mind that the lower the leverage, the less the risk.
- Be psychologically prepared- reduce your fear and keep calm.