Nobody wants to lose money or learns to lose money before he makes money but it does happen. Losing money in trading is like death and taxes. There is no avoiding it. NO trader in this world has never lost any money in his trading career. You need to be prepared for the possibility of losing money and potentially losing large amount of money and devise strategies to deal with the losses effectively professionally and psychologically.
Contradicting you here. Well, not really actually but since I have a short-term position and it remains open for a few minutes, I am looking out for opportunities to extract as much as I can in a very short time frame. High leverage in this case proves helpful, at least I can hope for bigger profits.
Agreed here and it’s for this very reason a leverage like 200:1 is used by scalpers like me who rely on price breakouts. I use the leverage of somewhere between 10:1 to 30:1 with turnkey forex even though it allows for more. With my other account with saxo bank, I position trade using no leverage at all but there, I'm not always scalping, there can sometimes even be 2-3 hours between next move.
As a beginner, it was very useful for me to receive radiation from the broker Expertoption himself, with whom I am so strong, and it benefited me.
beginners should choose the broker which is more appropriate to the concept of trading that will be used .
I can also agree with the opinion that the steps of beginners in trading should be gradual and consistent.
consistent is a great challenge in real life and trading also , need a very good dedication including great level of patience.