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how much forex is risky for new traders?
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[QUOTE="HeavenLeighGill, post: 199176, member: 77025"] I think you should always start with a demo. It will help you learn the mechanics of trading and give you necessary practice before you go live. Unfortunately, the demo doesn’t really prepare you for the psychological aspect of trading, so it’s a good idea to study about that so you’ll be more prepared for it. Demo also doesn’t teach effective risk management because you can just top up the account if you blow it and the lack of consequences make it easier to risk more and make more. Once you go live, you can take steps to minimize risk, like only investing 1% of your account balance on a single trade, using limited leverage, SL, and so on. [/QUOTE]
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