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Questions and Answers

Which of the following is NOT covered in the Forex for Beginners guide?

  • Reading forex charts
  • Choosing a forex broker
  • Types of stocks (correct)
  • Risk management

What is the purpose of Forex for Beginners guide?

  • To provide advanced strategies for experienced traders
  • To make forex trading more complex and intimidating
  • To provide readers with a solid foundation of knowledge and skills to get started in forex trading (correct)
  • To discourage people from investing in forex trading

What is leverage and margin in forex trading?

  • A type of forex trading strategy
  • The amount of money you need to start trading forex
  • A way to increase your trading capital by borrowing money from your broker (correct)
  • A way to minimize risks in forex trading

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