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RE: How to Forex - A beginners guide to Forex Trading - Part 1: An Introduction to Forex
Yes for a properly managed capital its no problem if you calculate your risks well, but I am talking about newbies that put all their balance at risk with 400-500 leverage, that is the real foolish thing to do.
Indeed. I will be covering this in the next part of this series when talking about brokers and account types. I intend to make it very clear for newbies. I wouldn't want anyone o blow their account because I had not explained the risks well enough.