It is of paramount importance to consider your investment objectives, professional experience as well as risk tolerance before getting involved in the Forex market. Please DO NOT push yourself to a risk level that you can not afford in case you lose.
“Letting losses run is the most popular mistake that most investors do”
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
What’s more integral is the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This might be in favor of you as well as work against you. In case you have to sustain a total loss of initial margin funds, remember to keep an eye on the margin requirement frequently. If you are required for an additional fund and you fail in meeting any margin requirement, you might incur significant losses because of the liquidation of your positions.
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