Ignoring Leverage – Why Most New Forex Traders Fail

0
Ignoring Leverage – Why Most New Forex Traders Fail

Most professional forex traders and money managers trade one standard lot for every $50,000 in their account.

If they traded a mini account, this means they trade one mini lot for every $5,000 in their account.

Let that sink into your head for a couple seconds.

If pros trade like this, why do less experienced forex traders think they can succeed by trading 100K standard lots with a $2,000 account or 10K mini lots with $250?

No matter what the forex brokers tell you, don’t ever open a “standard account” with just $2,000 or a “mini account” with $250. Heck, some even allow you to open accounts with just $25.

The number one reason new traders fail is not because they suck, but because they are undercapitalized from the start and don’t understand how leverage really works. Read more…

We will be happy to hear your thoughts

Leave a reply

Discover How 15 PIPs/day Can Make $2.6 Million in 30 Months

You Will Learn:
  • The Power of 15 PIPs/Day
  • The Secret of Wealth Building in Forex
  • How to Make 15 PIPs/Day.... Every Single Day!!

Enter a valid email address to receive the download link:
Download Now!
close-link
eforexcourse.com
Compare items
  • Total (0)
Compare
0