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R.P.G.

Some Newbie Question for Forex.......

By R.P.G., in Forex

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R.P.G.    10

R.P.G.
Posted

I was thinking of doing some night time trading on the forex EUR/USD and I had a few math questions as some others as well. If anyone has patients for me that is:confused:............

 

 

1. I hear that I can leverage with some brokers up to 400 times capital, is this true?

2. I have $5,000 and really only want to do 50 times capital, is this a good idea or should I use more/less?

3. I believe that I am good enough at paper trading to predict 0.001 price moves, should I be trying to get better predicting bigger moves, and how big?

4. What brokers that are reputable should I use for forex?

 

Where would you recommend a newbie like me to start if I want to do day/night trading?

 

 

Thanks in advance.

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