J
Josiah
@josiah_edem
Last seen:
4 days ago
focus on the knowledge and the money will come
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Hmm interesting one but imagine preparing for a trade over the weekend and on Monday you get stopped out in 5 seconds a bit disappointing dont you think? This is why some traders set wider stop loss
Some traders have become forex scammers without even realizing it. If you go and collect money from someone and promise returns, and you go as far as signing an agreement on a specific rate of returns you are just nailing yourself because you are committing a crime. Nigerian traders should trade for themselves, except the Securities & Exchange Commission has licensed you as a fund manager. No go do pass yourself, you are a scammer but you dont know. Ignorance of the law is not an excuse.
Big reputable brokers will not kick you out but small brokers will find a way to stop you from bankrupting them, especially if you are making really huge profits. They can accuse you of arbitrage or something then turn your trading accounts into "close only"
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