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Need to know the truth

CraigMcG2020
Mar 06 at 13:41
110 posts
I think leverage can help at the beginning. It becomes less important as your investment bank grows. Leverage is definitely an asset to begin with. Just focus on psychology and a strategy you can master and you will be profitable once you follow your rules

AmDiab
Mar 07 at 11:04
718 posts
have a very good journey again , just one thing always remember
 there is no short cut way of learning in there , you must pass a long time in there with great patience.

jamesmaxwell52
Mar 08 at 12:51
42 posts
CraigMcG2020 posted:
I think leverage can help at the beginning. It becomes less important as your investment bank grows. Leverage is definitely an asset to begin with. Just focus on psychology and a strategy you can master and you will be profitable once you follow your rules

I sure think leverage can help, that is of course, if used where risk is predetermined, and an ideal risk:reward ratio is maintained.

jamesmaxwell52
Mar 08 at 12:51
42 posts
AmDiab posted:
have a very good journey again , just one thing always remember
 there is no short cut way of learning in there , you must pass a long time in there with great patience.

I shall strive to be patient. :)

AliaDare
Mar 09 at 02:23
589 posts
Forex trading requires a lot of information and research. The more you try to develop a trading strategy, the more Forex will allow you to make money.

jamesmaxwell52
Mar 09 at 11:52
42 posts
AliaDare posted:
Forex trading requires a lot of information and research. The more you try to develop a trading strategy, the more Forex will allow you to make money.

And believe me, the more confusing it gets phew


Lycineandrew
Mar 10 at 10:25
37 posts
layerchazard posted:
No need to believe everything you read. By doing this, you are just opening your doors to scams. You must test brokers with and without leverage. The one that lets you trade better is the one you must choose.

That is right and it is sometimes better to test a broker based on your preference than trust anyone’s opinion.

Pointingmark
Mar 11 at 04:06
28 posts
Forex is full of risks and most investments are, so there is nothing much we can do about it really there. Just gotta work our way around them.

Pointingmark
Mar 12 at 04:26
28 posts
leahmclaughlin posted:
Yeah we can only keep trying to reduce our potential risk by using some techniques and tools like stop loss or limit orders. I’ve been using low cost brokers (pepperstone) so that I can work on my money and risk management.This is probably something that has been saving my trades all along.

Good that it’s working for you. It is important to strike the right balance between your money and risk management.

Lorencecolling
Mar 12 at 10:01
49 posts
Pointingmark posted:
leahmclaughlin posted:
Yeah we can only keep trying to reduce our potential risk by using some techniques and tools like stop loss or limit orders. I’ve been using low cost brokers (pepperstone) so that I can work on my money and risk management.This is probably something that has been saving my trades all along.

Good that it’s working for you. It is important to strike the right balance between your money and risk management.

Thanks mate!

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