If profit making in Forex was that easy, then there would be millions of traders making large sums of money. So to make money consistently or to become a millionaire one has to go through the various stages and learn to accept the losses and uncertainty come their way.
Yeah there is no sure short strategy. Forex trading demands commitment and never be defeated attitude.
Commitment plus a lot of hard work and knowledge. Those who try taking the shortcut, have only failure in return.
almost anything is fine except avoid allowing liquidations too far above 0 equity if possible. Like a bet: you lose your stake if you get the wrong horse but they dont close you early if the odds change. horses are very leveraged and illiquid though. the gambling companies would be up for it id imagine but they wouldnt seriously suggest it.
imagine over 100 horses if when the odds went down you were out with a rebate which could then be reivested, do you think locking in that loss would change the expected return. yes. however gambling comapnies do NOT do this and they DO make good profits. and thats good we want to encourage that and don't need clamping down on credit cards . it's the confused burocracy x quite a lot of dummies
if kiddies could gamble how much would they learn? a lot. but no clamped age raised to 21. its the instinct of the bureaucrat
it almost annoys me 72% of retail customers loose money because to a bureaucract that looks like the chance to get more power for themselves. 72% of retail customers loose money because beaurocratically speaking they are very short vol because of the barriers they sell with exotic features like they don't exist if it doesnt lose them money and the levels are to be decided. if the knockout rules are known and the barriers are fixed and as far a way as possible the percentage will go down towards 50-50 like a gmabler. so this is the correct direction
believe it or not when you miss the stop loss at a barrier you can't ask the client for money that's the job. nor could you put him back into the trade if you forgot to knock him out and are up money or move the barrier around. that would almost have never have been allowed. so i dont think it's unreasonable. overall it will help you