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For many people who are getting online for the first time to look for money making opportunities on the net, foreign currency exchange trading (better known as Forex) probably seems like the ideal market to get into.
After all, there are hundreds of online Forex brokers competing for every new investors business, meaning that you can get into the market with as little as $1 in your account whilst on the flip side, there is potential to make thousands of dollars very quickly if your trading activities are successful.
As you might imagine however, this positive view of the global Forex market represents just one side of the coin, because as it is possible to make thousands of dollars, so it is equally feasible that you might lose thousands as well.
Furthermore, because understanding how to trade Forex successfully is not necessarily the easiest thing in the world, it is far too easy to make fundamental errors day after day that almost guarantee that you will fail (perhaps …
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