i created an ECN Pro account with FXOpen, 1:200 leverage, $100 deposit. And i opened 0.01 lot position on BRENT chart.
and issue is that loss/gain while position is open is too fast, i mean i feel that my account can be doubled or wiped within average trading day..
I would like to be able to survive market movements for one month, or more precisely, i would like not to face margin call (25% maybe, if i remeber my broker correctly) even if i BUY BRENT and BRENT price will be 50% higher/lower of what i purchased/sold.
What are ways to trade BRENT/OIL with $100 and open lets say 1 year trade without reaching margin call if price goes against me and the OIL price will be approx. 50% plus or minus from time of initial order?
Sorry for my bad english, i am trying my best to explain.