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Position sizing is just as important as it ensures that traders don’t overexpose their capital to a single trade. Staying informed of current affairs is also a vital risk management tool.Seeing as commodity prices are severely impacted by geopolitical events, natural disasters, economic policies, and supply and demand fluctuations, keeping on top of the news allows traders to anticipate potential market shifts, and make more timely and informed decisions.For example, a conflict in an oil-producing region could spike crude oil prices, while favourable weather conditions might lead to an abundant crop yield, lowering agricultural commodity prices.For more click here #forex
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