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This post is not meant to derogatory. It is about business. My Avatar is what I do. I am self employed. I know exactly what my Asset to Liability ratio is. Right now, my assets exceed my liabilities. 3 months ago I had a $2500.00 emergency. I had to SELL something.
Forex IS a business, and a lot harder to succeed than what I do now. If you get an offer for 50K, your lender is going to look at your assets, because if you lose, your assets are gone,and you may be in the hole in excess of 50K, or whatever the amount you borrow. Please, don't wind up in debtor's prison. At this point in time, I personally would not borrow money to invest in Forex. However, I do have have assets to fund an account. I am declining that option right now, because I am waiting to see the THIEVES in Forex, be weeded out. With the Global Money Wall shifting East, and China holding huge amount of U.S. Dollars, the East is getting extremely nervous, this equals Extreme High Volatility. Better be right more than 50% of the time. Whether running an EA or Manual trading, position sizing is of utmost importance for the "Blow-Out" factor of your live account. (Tharp) You can start with 2K. Your profits may be slower, however you may make money, depending on your trading style. There is plenty of help on this forum. Visit Linuxser's Website or any other Professional trader's website. You will find reality & the pro's & con's of trading. I have had live and demo accounts. They are different. Brokers are different. Find the right answers and you will succeed. I hope you read and understand this post. Good Luck! Just my dollar value: $.67 cents.
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Not Everything that looks straight is: Until you measure it. |
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Quote:
I had to call him not Robot Joker but Robber the Broker. He double my real account over 24 hours. I convert him to MT4 and… no more jokes. In back test he performing good,... real account is a joke. Bongo |
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