Forex Trading Profile of Gareylinn509 | Myfxbook

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Gareylinn509 trader's profile

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3

Registered

Nov 07, 2020 at 12:02

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Recent Posts

in Becoming a Forex Expert requires Mar 08, 2021 at 10:17

I did use them but not for long since I got pretty bored soon.

in Becoming a Forex Expert requires Mar 06, 2021 at 10:01

Is using a demo account really that necessary? I mean everywhere I see people keep talking about it.

in High leverage = High risk? Mar 05, 2021 at 11:25

The way I see it, I feel like using leverage can be a big liability since the principle cost of leverage has to be paid on any transaction or trade. There is also a risk with it and a trader is always...

in High leverage = High risk? Mar 01, 2021 at 10:09

This means beginners should not opt for high leverage in the starting. It’s actually such a simple thing but getting your head wrapped around it seems like such a big ask. Like how easy it seems...

in Opening big lot Feb 27, 2021 at 12:59

I don’t think it works like that. If you are risking say about 5% of your entire trade and you happen to get a margin call from your broker, you are likely to lose more than gain from it.

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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. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.