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1, a trader can control a position worth $100,000 with just $1,000 in their account. While leverage can magnify profits, it also increases the risk of significant losses, making risk management an essential component of successful trading. Forex trading can be conducted through various methods, including spot trading, futures, options, and contracts for difference (CFDs). Spot trading is the most common form, where currencies are bought and sold for immediate delivery based on the current market price. Futures and options are derivatives that allow traders to speculate on future price movements, while CFDs enable traders to profit from price changes without owning the underlying asset. Technical analysis and fundamental analysis are two primary methods traders use to evaluate currency pairs. Technical analysis involves studying past price movements and chart patterns to predict future trends, utilizing tools like moving averages, trend lines, and oscillators. Fundamental ana¡¦(»ý·«)
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