A suggestion .. Limit to losses. It is the most important rule to follow, it is mandatory. You have to be willing to assume a certain level of loss and put there the maximum limit of money that we can lose. So if prices fall below that level we will only have lost what we were willing to lose. We have to play with these limits and not stick them too much to the prices since small fluctuations could cause a premature closure of our position.
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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