junior forex question

Discussion in 'Forex' started by orangelam, Oct 4, 2020.

  1. most of the junior Forex trader think only $5000 is more enough to bring any kind of amount you want , but in practical this is not true , balance is not a big deal in there , need a long time experience with powerful trading strategy.
     
    #21     Mar 8, 2021
  2. Great strategy.
     
    #22     Mar 9, 2021
  3. cesfx

    cesfx

    You can not just directly sum and substract %
    If you lose 10%, you will need to make 11% to be back where you started.
    Loss of 25%, need a 33% gain to recover... Loss of 50%, need a good round 100% gain to breakeven.

    Leverage in FX is a killer, and without it you're often looking at paint dry when compared to other markets.
     
    #23     Mar 9, 2021
  4. generally we the traders when making losses try to recover this losses by over trading , its a very bad dedicated decision and at the end of the day we lost whole equity.
     
    #24     Mar 10, 2021
  5. MotionX

    MotionX

    Exactly, when over-trading arises then a trader only faces loss, it is better to be patient while placing trades.
     
    #25     Mar 11, 2021
  6. the newcomers always try to trade with high leverage , but in practically they for all time fall a great trouble when using high leverage.
     
    #26     Mar 17, 2021