Be a casino, not a gambler !
Remember, casinos are just very rich statisticians!
Making money takes money. Everyone knows this, but how much does it take to start Forex trading?
The answer largely depends on your approach to this new profession. In fact, it varies from person to person.
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Dravans are a fact and they certainly happen to you.
The more you lose, the harder it is to get back to your original account. So it is clear that you have to do everything you can to protect your account.
We hope you have the idea that in any transaction you only have to risk a small percentage of your account in order to survive the losing streak and prevent big money from happening in your account.
Big money usually means a quick death for your trading account.
The less risk you take in trading, the lower your maximum revenue. The more you lose in your account, the harder it will be to get back to the point.
This means that you only have to trade with a small percentage of your account. The smaller, the better.
A risk of 2% or less is recommended.
“2% or less” in each transaction is a highly recommended guide for everyone that can be followed.
We emphasize the word “guide” because it depends on other factors besides your personal experience of the trading system – for example, how often you trade from time to time.
The more currency trades you make in each interval when you focus on them, the less you have to risk in each trade.
Lastly, don’t forget to work on the more volatile and volatile market fluctuations.
Fluctuations may require you to make adjustments to your inputs and outputs.
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