Tiny Margins

Margin trading is one of the biggest advantages when trading the forex. Why, it allows you to trade amounts bigger than your bank account or more than the total of the dollars you have deposited. However, it can also be dangerous to novice traders as it can appeal to the greed factor or the desire to hit a home run on the first trade. This greed is what puts many forex traders out to pasture early. The best guideline is to increase your leverage in line with your experience and success. Have patience…