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Drawdown of a system is one more vital factor. This term states the amount of maximum percentage of capital lost by the Forex System. The robots drawdown is 0.35% apart from rest of the typical Forex trading software, which shows drawdown of 10% to 20%. This explicates the smoothness behind the equity graph on the statement page of its website.Can Back Test and Live Testing Results on Forex Software sites be trusted?An important deduction of analyzing past results and its live trading performance was that this software operates with a long term trend. The fact related to synonymous patterns of trading between back test and live testing is a sound evidence of inclination of the robot with reliable results, to the rules.
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One of the biggest misconceptions that you can have about forex trading is that you can quickly start making a living from it in a relatively short period of time. Patience in forex trading eventually pays off as it allows you to sit back a bit and wait for the right trading setup.
Forex, also known as foreign exchange, is a decentralized global market where all the world’s currencies are traded. It is a $ 5 trillion dollar market and is the most liquid and less volatile market in the world. It is an internationally well-recognized business which is open 24 hours a day.
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