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new trade in MT4
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Trader Baru
Oct 21, 2023 at 09:03
The "Not enough money" error in MetaTrader 4 (MT4) occurs because the platform is indicating that you don't have enough free margin to open a trade with the desired lot size while keeping the risk within your specified limit. To resolve this issue and open a trade while risking only 1% of your $5,000 account, you can do the following:Adjust Your Trade Size: Reduce the lot size of your trade to a level where it doesn't exceed the available free margin while still allowing you to risk 1% of your account. You mentioned that you should place 0.23 lots to risk $50, but it seems th...
Trading will ruin you.
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Trader Baru
Sep 20, 2023 at 09:45
Trading, like any other financial endeavor, carries inherent risks, and it is possible to incur significant losses. However, whether trading "ruins" you or not depends on several factors, including your approach to trading, your level of risk tolerance, your financial situation, and your ability to manage emotions and make informed decisions.
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