No. Lower minimums open up doors for small players to join the party. I wouldn’t dare read more about trading if the minimum is $10,000. Trading strictly on a 1% risk of total account is too rigid a rule. New traders should trade at the amount they are willing to lose per trade. I wish they had a MAXIMUM account size. So I blow up smaller account size.
Are Forex Brokers being irresponsible with their low minimums
There seems to be an ever increasing number of brokers out there chasing your business. After spending time reading public forums, it is clear that many forex traders start their journey with a very small account balance.
Trading the Forex market has become very popular in the last years. Why is it that traders around the world see the Forex market as an investment opportunity? We will try to answer this question in this article. Also we will discuss come differences between the Forex market, the stocks market and the futures market.
very useful infrmation
thanks
http://www.myposts4u.blogspot.com/