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Why isn't FX trading everyone's cup of tea?

Abdulmajidkhs

Well-known member
Why isn't FX trading everyone's cup of tea?

If you're not a properly certified and experienced trader, forex trading is equivalent to gambling, and it should be avoided unless you're one of the few South Africans who have their financial affairs in order, according to top financial planner Craig Gradidge.


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Paulsy

Well-known member
The majority of new entrants in the trading market believe that they need a good sum of capital to get started trading Forex. But in reality, it is perfectly fine to invest small amounts of capital and still have success. Forex Cent account serves as a great example in this regard. A Forex cent account enables you to trade with smaller transaction sizes than regular accounts since it is measured in cents. That is, 1 USD = 100 cents. With this, anyone can enter the forex market and begin trading with very little capital since the minimum lot size is 0.01 lot.

If you're trading Forex with a large deposit, you may be tempted to adopt new trading strategies and take excessive risks since the amount you are risking is substantial. A small deposit allows you to trade Forex with a lot of flexibility. If you’re new to forex trading and having difficulty taking advantage of market movements, copy trading can be a great option for you so you can start trading with the help of a pro in no time.
 

Abdulmajidkhs

Well-known member
The majority of new entrants in the trading market believe that they need a good sum of capital to get started trading Forex. But in reality, it is perfectly fine to invest small amounts of capital and still have success. Forex Cent account serves as a great example in this regard. A Forex cent account enables you to trade with smaller transaction sizes than regular accounts since it is measured in cents. That is, 1 USD = 100 cents. With this, anyone can enter the forex market and begin trading with very little capital since the minimum lot size is 0.01 lot.

If you're trading Forex with a large deposit, you may be tempted to adopt new trading strategies and take excessive risks since the amount you are risking is substantial. A small deposit allows you to trade Forex with a lot of flexibility. If you’re new to forex trading and having difficulty taking advantage of market movements, copy trading can be a great option for you so you can start trading with the help of a pro in no time.

Nice response, are you trading?
 
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