Before we go any further we are going to be 100% honest with you and tell you the following before you consider trading currencies:
All forex traders, and we mean a traders LOSE money on trades.
Ninety percent of traders lose money, largely due to lack of planning and training and having poor money management rules.
Trading forex is not for the unemployed, those on low incomes, or who can’t afford to pay their electricity bill or afford to eat.
You should have at least $10,000 of trading capital (in a mini account) that you can afford to lose. Don’t expect to start an account with a few hundred dollars and expect to become a kazillionaire .
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