Thanks a lot for your suggestions. I have been checking the brokers so far but I still don't know the difference between regulated and unregulated brokers. I have a friend circle who trade on a daily basis. One of them suggested I go with the big guys, but their leverages are quite low. Another friend suggested unregulated brokers because their leverages are high and he have been using them for a while without any issues. Any suggestions?
leverage can make you profitable but before that of course you have to make sure the perfect money management , otherwise no way
if you consider high leverage as high risk that means it is completely with non sense trading planning with zero money management.
Leverage provides more buying power yes? correct me if I'm wrong. Whats bad about having a high leverage?
So, since they offer much more leverage than regulated brokers, it sounds like a good idea to work with the unregulated ones.
the regulation is a big deal when choosing a broker but their trading requirement's too high to sure as a beginner trader.
sometimes i feel to be a trader is a general issue but to be a profitable trade that is really a challenge