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Forex trading is lucrative because you can use leverage and most brokers will allow you to leverage your deposit by 200:1, while it can make you big money it can also see you wiped out quickly.
So how do you use leverage to seek big gains, while at the same time avoiding big losses?
Let's take a look.
Risk per Trade
Most traders simply think their risk per trade is their expected return
lprits.
They think that if they place a stop just outside the daily range it gives them a good chance of winning, in fact the reverse is true