This is a rare feat, but suppose you use a leverage to turn $100 account into $100,000. though this might be hard for the broker to allow, but suppose it does happen and you lose you whole money, you should be in debt then.
But this days brokers don't allow you to lose more than what you have on your accounts, else they will close your trade with a margin call.
Yes, but isn’t it a plus point that we will only owe that much amount that we have invested and also margin call is an indication to close the positions.
I don't think those guys don't receive their alertsWinjak, you made a fine point. So many don't even read the replies to their posts, and earnforex has even made things very easy. You can see your alerts of quotes to your posts or replies.
I don't think those guys don't receive their alerts
However, I was interested to read about someone's real experience..
That's the point, but it would be better to avoid anything that would lead loosing our precious money, don't you think?
Yea, obviously it will be better. But how we can deny the fact that more risks means more gains.
I would agree if these so called risks are worth it, sometimes we just take needless risk in the market and things go wrong.
Yea, this must always be considered that risk is worth taking for. Needless risk would definitely lead to loss of money.
Yeah, here risk is equal to money, you need to understand that if you wanna become successful, you need to take risk.
Exactly, you see clearly that everything is going in the wrong direction and you heading on. that ain't risk but foolishness, we ought to be wise and cautious in the market.
Yeah Right. It does make sense. We need to be very cautious and must have proper knowledge of why we are making this particular trade.
Sometimes we can assume the role of prophets per say, we should be able to have foresight of the market before we make any decision.
Right. Forecasting and expectations are the core essentials of the forex trading. One who can predict the market more accurately will be able to make more gains. Having a right foresight of the market is truly advantageous and this can be gain only through desired experience and knowledge.