What leverage is in the dealing centre and what is the difference between purchasing and selling prices on currency pairs?
//----what is the difference between purchasing and selling prices on currency pairs?
People here has told you what is the difference between buying and selling, but as for leverage... don't try to work with big leverages at the start. You can try 1:10, max - 1:50. If you'll use 1:500 or more, it's likely that in 99,9% occasions you'll lose the depo.
I think once it eats up a big margin part, trader becomes more accurate and careful. Everybody is too risky at the start. Maybe it's because of youthful maximalismI totally agree with you. Leverage is a double edged sword in the market. Basically leverage gives you an opportunity to boost your trade returns. However, it can also bring fatal losses in case of a wrong trade. Many believe that leverage can put a trader under higher risk as the magnitude of potential losses increases on account of leverage. Traders with the high leverage like 1:500X gets a bigger shot at making the most out of the good trade call. But during the bad trade phase, this big leverage works against us and eats up a significant part of margin. I would suggest not starting trading with big leverage.
Yes, trend trading is very good. Your indicator should tell you the trend of the currency pair you want to trade. But before you open a trade with the suggested signal, first check if it agrees with the news.Yes in demo account we can practice with free and can learn many way to analyze the market included using price action and many way to analyze the market using indicator or something else, for certain trader indicator is great weapon as help tool to analyze the trend market
What leverage is in the dealing centre and what is the difference between purchasing and selling prices on currency pairs?