April 13, 2011
can 1k be turned into 10k into 2 days with forex trading?
By Planet Wealth
just wondering if forex trading can go that much high or down in 2 days?
Topics: trading tips | 6 Comments »
6 Responses to “can 1k be turned into 10k into 2 days with forex trading?”
Comments
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April 13th, 2011 at 12:44 am
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April 13th, 2011 at 12:44 am
I don’t reckon so. Not so quick.
April 13th, 2011 at 12:44 am
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April 13th, 2011 at 12:44 am
It is possible if you use a high leverage but very unlikely you are more likely to loose if you know nothing about forex. You can find information on how to successfully trade forex at http://www.bestforex-broker.com
April 13th, 2011 at 12:44 am
not going to happen…. unless you can predictive the future ….
April 13th, 2011 at 12:44 am
No, but you could turn 1k into 2k in 2 days. All you need is one trade. A very excellent trade. But you need to make sure that the trade is a winner. You pretty much need to use close to maximum leverage. You just leave some room for your stop loss. But if you can place a trade with lets say 20 pip stop loss and you use a lot of leverage, then every 20 pip go can be like 40% of your account, so if the market moves 200 pips into your favor, then you would make like 400%. But if you lose the trade, then you are down 40%.
I would not recommend using that much leverage it is too risky. If you want to trade that much risk you can play in a casino and you will have more fun that way too.