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Forex trading offers potential opportunities for profit, it's not a guaranteed pathway to riches, and losses are possible. Many traders find success by approaching forex trading as a business, conducting thorough research, continuous learning, and practicing disciplined trading habits.
Forex trading is not inherently stable; it is known for its volatility and constant fluctuations in exchange rates. The forex market is influenced by a wide range of factors, including economic indicators, geopolitical events, central bank policies, market sentiment, and more. As a result, exchange rates can experience rapid and significant movements within short periods.