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How would you get out (for both winning and losing trades)? That can be 1 of your capital or your average daily profit over the last month. If so, day trading may be the most effective way to professional forex trader tips get started. If you lose the initial trade, you need a larger return to retrieve any lost capital. If youre short on time or have a day job, you should look into other trading styles. Keep in mind that professional traders usually risk far less than 1 of their capital. This usually leads to forex trader salary losses, as traders cant stay liquid forever. Make a cumulative idea yourself.
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