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HOW TO

Choosing an asset for the trading day is a difficult decision. There are a lot of options on where to put one’s money and interest at least for the day. There is always a risk to miss good trades and good assets. But the main point is to choose the assets. But how to do that? 

Main information which every trader should know right off the start is that there are four main types of assets that one can trade with: stocks, currency couples, indices and commodities. Usually brokers offer up to 180 assets to chose from. Assets which are generally traded with are currency couples, but it is of no use to the traders to only focus their attention on these assets. Although nothing is wrong with having favorite assets, but it is very simple to forget about other option when focusing on one or two of them.

Trading with Forex is not as easy as Hollywood would want us to think. How does an average person think of trading?

No matter what financial instrument you are trading, you need to plan your trades carefully before putting capital at risk.

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