Trade Responsibly. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CDFs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Financial markets have risks, and if you enter the trading world without training, there is a possibility of losing your capital, so the first step to start trading and investing is proper training.
As a valuable commodity, the gold price can be affected by various factors, such as interest rate changes and geopolitical events in the global markets, and the forex market.
Take Profit (TP) and Stop Loss (SL) are two significant tools that can help traders in capital and risk management as an essential part of trading strategies.
Smart Money is a modern method of technical analysis, and many traders use this technique to identify liquidity levels and keep up with big market players.