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trading without analysis is like driving a car without a driver licence,this is a huge risk that you should avoid.Even if you can make an analysis try to follow successful traders,instaforex gives us this option,you need just to copy what successful traders do.
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I think, its very dangerous make trade without making analysis. Forex trading is real bussiness and not gambling. To make bussiness, we should preparing a good analysis and creating profits on our account
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without analysis is like swimming without learning how to swim, if you swim without learning how to swim then you tend to drown and same implies with forex trading if you do not analyze the market how would you know the market trends,
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Trade while not analysis is amazingly terribly harmfull to produce a new trader in forex. there will be several lots of individuals are performing forex. however maximum are failed to earn sensible profit. as a result of they initiate trading while not learning proper trading knowledge. therefore they will trade while not analysing the market and fall in loss.
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Forex is risky business and if you do not analyze market properly than you can face loss at any time. So if you want to become successful trader than you should learn trading properly and than start trading, Market analysis is very important in trading, If you have good market analysis sense than you can make good profit
if we trade in the market without analysis, it is the same with gambling and we only expect good luck, we should do a market analysis with a good and accurate, so that Forex trading can rely on as a business investment that is always profitable in the present and the future, if we just relying on luck and we can not be successful.
if we trade without market analysis, that means we expect a fortune in order to get an advantage, this the wrong way, if we are always analyzing the market and make a profit, we can make profits consistently, because we can not always be lucky, if only expect fortune in the forex market
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trading without analysis is like gambling,You can join in the forex forums like this to see the analysis of the other traders, but, I suggest you to analyze the market itself just a guess, so, you can see a lot of analysis on the internet free and paid, you may need to submit data for signal subscribe.
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what you have posted is a wonderfully infornative post and i would like to thank you for taking your time and putting in the effort to post this one. the information on the demo account is very useful but i would like to point out that practicing in the demo account should be maintained only until the trader feels confident that his trading strategy is working and can produce results. if you trade in the demo account for a very long time you run the risk of taking undue risk as most of us do take more risks in demo trading than in real trading. so if that reckless feeling gets in to your system then you run the risk of doing the same with a real account and that's dangerous because you could loose your account within a short time.
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I Think trading with out analysis is very bad trading habit and it always gives you loss.And i had seen many time that trader make there trading plan without analysis and the believe on indicators totally and many time ther face loss due to this problem.Because indicators and news can not compete with human analysis.
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