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Losses can exceed deposits


oni100

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Good question, losses are potentially unlimited. If you buy something and liquidity disappears you will have no one to sell it on to.

Avoid this scenario by trading only high liquidity markets (eg only the major currencies, indices, commodities) and consider paying extra for guaranteed stops (at least until you get a feel for the market).    

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Yep. First lesson i learned. Well just did.. anyway, live and learn they say. Easily managed with responsible trading. On the intro video is was said to treat it like a buisness.

Well, that good advice.... early jitters as you all had to i imagine.

 

Have a plane, live the plan, stick to plan, keep emotions dead

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