Top Three Most Successful Forex Traders EVER If you’re day trading a currency pair like the GBP/USD, you can risk $50 on each trade, and each pip of movement is worth $10 with a standard lot (100,000 units worth of currency). Therefore you can take a position of one standard lot with a 5-pip stop-loss
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Where do you think the Brokers EARN their Profits from? A brokerage company is regulated when it is registered with a governmental organization that monitors the brokerage companies activities. Usually there are also something like insurance that covers the traders capital if the registered broker gets bankrupt. If you are a retail trader who wants
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How much trading capital do forex traders need? The house could go down in value, it could burn down, a student could hurt himself and sue me, all sorts of nasty things could happen. Most unsuccessful traders risk much more than 2% of their account on a single trade; this isn’t recommended. There’s no harm
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