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  1. Ok so im going to be opening an account soon. Probably £500 to give my first live trading a try. I want to know if i trade with a £500 account, and say for example i open a trade £1 per pip £50 stop loss. If i hit my stop loss will i only lose 50 pounds? Because when trading demo accounts even if im only down £10 ill be down like £1000 in margin. I dont quite understand why and just want to know if ill actually owe more money than im losing when trading. Thanks.
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