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    October 24th, 2009 by admin

    Is there any Forex broker out there that is trustworthy and that you can also invest very little such as $1 trades? I am a member of FXCM, EToro, AlpariIUS and some others already but trades are expensive.

    In order for every trade to be less expensive you will actually need less margin. This is possible with brokers that offer high leverage. The broker found on the site below offers 1:500 leverage which is perfect. They also offer micro accounts too and no minimum deposit. They also accept Paypal and multiple other payment options. They open accounts all over the world. It is the best broker I know of actually for what you are looking for.

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    October 24th, 2009 by admin

    Is there any Forex broker out there that is trustworthy and that you can also invest very little such as $1 trades? I am a member of FXCM, EToro, AlpariIUS and some others already but trades are expensive.

    In order for every trade to be less expensive you will actually need less margin. This is possible with brokers that offer high leverage. The broker found on the site below offers 1:500 leverage which is perfect. They also offer micro accounts too and no minimum deposit. They also accept Paypal and multiple other payment options. They open accounts all over the world. It is the best broker I know of actually for what you are looking for.

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    October 24th, 2009 by admin

    I understand stocks and i want to learn currency trading. i read a lot articles. i used the forex demo trading system. For some reason i do very well. I started out with 50k and in 20 days had 100k. and i have never had a negative trade. Every trade i did had positive return out of it. I dont know if im ready. i made over 1200 pip gain over 20 days and i only did this part-time. Like 2 hours a day. Somebody told me (trading is an art) i guess my purpose in life is to trading currency but i dont understand. Im a hvac tech. Do you think i should start to use real money?

    Please don’t.

    Long ago, there was a book someone loaned me, The Richest Man in Babylon. The concept was to save money (10% was their figure) and invest it. Well, the student character in the story passed his lessons on to someone else and together they pooled their cash and bought some pearls or gems (I forget which). It turns out that they were worthless. The advice then given was "stick to what you know".

    Your purpose in life is not trading currency and playing a simulator is not the same. Unlike stocks, where you really don’t lose more than you put in, futures can be extremely vicious. It can bite you. If the price suddenly goes against you, limit up (or down) for several days in a row, you could get a margin call for you to put up still more money. You could actually owe far more than you may have been prepared to put in. This is something that happened to me several years ago. My broker teased me with that old line, "There are bold traders, there are old traders, but there are no old, bold traders."

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