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Questions tagged [20 pip challenge]

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CherryBlossomBloom CherryBlossomBloom Wed Dec 18 2024 | 6 answers 1284

What is the 20 pip challenge?

I've heard about this 20 pip challenge and I'm wondering what it is. Is it some kind of trading competition or a strategy to make money in the forex market? I'd like to understand the concept behind it.

What is the 20 pip challenge?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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