Fears are good sometime however we should trade while keeping these emotions aside from our trading. Good part is to use stop losses in order to cut off the losses earlier.
1:400 leverage in my opinion is good, i have also used hotforex micro account with 1:1000 and i have also noticed some crazy offers like 1:3000 leverage which seems pretty unreal. Newbie however being unaware of the market conditions should keep the leverage low because higher leverages can...
Maybe the broker might be waiting for the right time to add crypto stuff to their platform, as for now i think no one is trading bitcoins or everyone is buying and holding it for future.
I believe that the last two webinars will be very good and i will surely spare my time to participate in these two webinars coz education is also an asset in my opinion.
Yeah i am also quite interested and very excited to see who would be the next winner.. BTW i also going to take part in this contest because you never know when you become a lucky winner.
Guys if you really have good hands on trading then you can also become PAMM managers and earn more money by managing funds of those who wishes to earn money from forex but they can trade at their own due to some reasons.
Exactly you are right and that is very appropriate word that you have used which i think i wanted to say but could not have them in mind at that time :)
Demo accounts are more or less the same as the live account, the only difference is that they are used to test the broker without investing any amount with that broker.
This is a very good leverage in my opinion however new traders being unaware of the market conditions should keep the leverage low in start because it can claim higher damages as well.
I see video tutorials and ebooks are recommended by you however i have a suggestion to check hotforex monthly webinars because they are also good way to learn forex trading and the forex markets.
I have also noticed that there are many demo contests where the new traders can get prizes as well if they becomes winners, examples are like lmfx learn and earn demo contest or there might be many more like these i guess.
Yes you are right we have to risk our investments in order to earn money on it, however we should only invest or take risk to that sum which we afford to loose.
I think even a professional trader with perfect trading strategy uses stop loss because they are cutting off their losses and wining more than they loose.