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5 Mistakes New Beginners Make in Forex and How to Avoid Them

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Are you new to forex trading? Discover the 5 most common mistakes beginners make and learn how to avoid them for long-term success 5 Common Mistakes New Forex Traders Make and How to Avoid Them Starting your forex trading journey can feel exciting, especially with the promise of financial freedom and the accessibility of online platforms. However, many beginners enter the market with unrealistic expectations and make avoidable mistakes that cost them both money and confidence. In this post, we’ll explore five of the most common mistakes new forex traders make and how you can steer clear of them. Understanding and avoiding these errors will give you a stronger foundation as you learn to trade in the world’s largest financial market. 1. Trading Without a Plan One of the first and most damaging mistakes beginners make is entering trades without a clear, structured trading plan. Trading based on emotion, instinct, or tips from others without understanding why you’re taking a tr...
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Slippage in Forex Trading | Causes, Types & How to Avoid It

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  Slippage in Forex Trading – What Every Trader Needs to Know When you enter or exit a forex trade, you expect it to be executed at the price you clicked. But that’s not always what happens. Sometimes, the actual execution price differs — this is called slippage . For beginner and even intermediate traders, slippage can be confusing, frustrating, and costly. This guide explains what slippage is, why it occurs, and how to manage or avoid it effectively. What Is Slippage in Forex? Slippage in forex occurs when your trade is executed at a price different from the one you requested. It typically happens when the market is moving quickly and prices change rapidly between the moment you place an order and the moment it is filled. Slippage can be either positive or negative : Positive slippage : Your order is filled at a better price than expected. Negative slippage : Your order is filled at a worse price than expected. For example, if you place a ...
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Forex Manipulation Explained | Who Controls the Market?

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  Forex Manipulation – The Hidden Game Retail Traders Must Understand Many traders enter the forex market thinking it's a level playing field. But behind the charts and indicators lies a world few talk about openly — forex manipulation . It's not a conspiracy theory. It's a reality shaped by institutional power, liquidity imbalances, and the psychology of retail traders. If you're serious about trading, understanding how the market is manipulated is not optional — it's essential.   What Is Forex Manipulation? Forex manipulation refers to deliberate actions taken by powerful market participants to move price in a certain direction, often to trap unsuspecting retail traders. These moves are not random. They are strategic. Designed to trigger stop-losses, induce panic, or lure traders into bad positions. Unlike natural volatility caused by supply and demand, manipulation is intentional interference — often exploiting predictable trader behavior and weak p...
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FBS Broker Review 2025 | Is FBS Good for Beginners?

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  FBS Broker Review for Beginners (2025 Edition) If you're new to forex trading and looking for a reliable broker to get started with, FBS is likely one of the names you've come across. But what exactly does FBS offer, and is it the right platform for beginners? In this comprehensive 2025 review, we'll break down everything you need to know about FBS — its features, pros, cons, and whether it's a good fit for new traders. What Is FBS Broker? FBS is a global forex and CFD broker that was established in 2009. It has gained popularity for offering beginner-friendly account types, high leverage, and localized services in many regions, including Nigeria, Indonesia, and the Philippines. With over 27 million clients across more than 150 countries, FBS is one of the most recognizable forex brokers today. FBS operates under multiple regulatory bodies: International Financial Services Commission (IFSC) – Belize Cyprus Securities and Exchange Commission...
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