Firstly, after some successful good trades and you have realized your initial deposit. You could withdraw it and start up a small business with a level of consistent income. And the the remaining in your account, you would have ease of mind to trade freely, then more profit, you spend on the necessity, you should have some responsibility and obligations to fulfill with cash. When Hope i could help?
Hi guys I am new to this site. Funny I stumbled across this page... because I have been trading for 6 years and started making a little profit two years ago. Now I am trading along with my EAs and the profit is now increasing. I have decided to withdraw half of my profit every month so I can still benefit from compounding. I just started it on my live acc. '...thumbs crossed'.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.