It is best to think about your risk when you start trading currencies. The foreign exchange market is the largest financial market in the world. It involves trillions of pounds. It is not only high risk, but it can also be very volatile. You can incur significant losses on any trade when trading the most popular currency pairs, such as EUR/USD. For this reason, it is best to develop a trading strategy that can help you mitigate the risk and maximise profits.
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