Have a clear idea of the risk of ruin with 14 times leverage.
Say with a capital of 10K your friend purchases 1000 Shares of DLF @ 140rs.
What happens when the share moves 1rs which is 0.7% move your friend could have gained or lost 10% of his capital.
Do you think risk per trade is acceptable ?
Trust Yourself no need to believe your friend.
Have reasonable and realistic profit expectations.
Beware - There is no holy grail in Trading Systems / Trading SW's.
You are absolutely right. I am surprise to see these kind of topics & people still believe in that. If that is possible then Market would get finished in no time.
Yes we can make double money in Forex trading but it is not an easy task for every trader as it requires lots of knowledge and experience which enables the trader to achieve their goals of success in Forex.
