Quote:
Originally Posted by project1972
Don't overleverage, trade small and use mental stops. that's all.
We, as small traders have more flexibility than brokers and big traders.
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Totally Agree with Project. well said.. I have also seen myself many of the traders i chat online, they overleverage there positions, which brings them heavily in risk of loss.
I trade with 50:1 or 100:1 leverage, and work things in discipline with money management techniques, hedging positions and such.
The main thing is always finding a right forex broker with good support good execution, good deposit/withdraw facilities, if you have all that, and your expertise in discipline of trades, no emotional fall back and such alike. i am sure success is around near you.