Can anyone explain the basics of FOREX TRADING with me please?
invest money. investment goes down bit. company issues margin call cannot satisfy , lose investment.
love of god, stay away!
forex terrible novice investors. 75% of investors lose entire stake within first few months because game stacked. forex trading company sets exchange rates, not open market. you're playing against house. due minimum lot sizes (usually several thousand dollars each), must leverage investment of several hundred buying on margin , when currency goes down tiny fraction, company forces margin call (sale of investment) before have chance recoup losses in order meet margin call. stay away.
don't take word on it:
http://articles.latimes.com/2011/apr/03/...
if still insist, i'm betting 3 1 lose entire investment within 120 days.
can explain basics of forex trading me please
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