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Brokers provide a platform for individuals, businesses, and institutions to trade currencies, speculate on exchange rates, and manage risk.
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01
Close the trade when target is reached or to limit…
Close the trade when target is reached or to limit losses.
02
Execute your trade on a forex platform, monitor, and adjust…
Execute your trade on a forex platform, monitor, and adjust as needed.
03
Set trade size, apply leverage, and use stop-loss/take-profit for risk…
Set trade size, apply leverage, and use stop-loss/take-profit for risk control.
04
Decide to go long (buy) or short (sell) based on…
Decide to go long (buy) or short (sell) based on analysis.
05
Predict prices using technical charts, fundamental news, or both combined…
Predict prices using technical charts, fundamental news, or both combined analyses.
06
Choose a currency pair like EUR/USD, based on market analysis…
Choose a currency pair like EUR/USD, based on market analysis and factors.