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Understanding Leverage in Forex
Leverage is one of the most powerful tools in the world of Forex trading. It allows traders to control a much larger position in the market with a smaller amount of their own capital. In simple words, leverage acts as a multiplier for your trading power. For example, if your broker offers a leverage of 1:100, it means you can trade up to 100 times the amount you actually have in your trading account. So, with just 100 dollars, you can control a position worth 10,000 dollars.
Oct 152 min read
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How to Read Forex Charts: A Starting Guide
If you are new to forex trading, one of the first skills you need to master is understanding how to read forex charts. Charts are the...
Oct 103 min read
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Top 5 Common Trading Mistakes Beginners Make
If you are new to trading, welcome to the journey. Every trader starts somewhere, and every successful one has made mistakes along the...
Oct 93 min read
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Introduction to GoldendeerFX: Our Vision and Mission
Welcome to GoldendeerFX, where trading meets clarity, trust, and real opportunity. If you have ever felt that the world of forex and...
Oct 92 min read
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