Is Global Forex Trading Easy? Lies Told Through The Forex "Gurus"

You should know before each trade how much is truly at risk in a single trade? Many traders misunderstand this and don't know their risk. Suppose you have a $10,000 account and you buy one lot of EUR/USD. Your Forex broker will set aside $1,000 in your account as a margin, so how much of your money is at risk? Many would say only $1000 but they are wrong. You have $9,000 to trade, $1000 was for margin. So your risk is $9,000 and you could lose up to this much before you receive a margin call from your broker.

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currency exchange providers generally add pips to the prices quoted to them by the banks to extend their margin. Price shading is when a currency exchange provider, believing that a particular currency is going to move in a certain direction, will add pips to one side of the currency quote. So if a currency exchange provider assumed the EUR / USD pair would rise, it may quote the pair at 1.4256 / 1.4260, instead of 1.4256 / 1.4258, meaning that a trader going long would have to buy the pair at 1.4260.

The foreign exchange market is the most traded financial sector in the world. It's massive. Trillions of dollars are traded daily. More money changes hands in a day on the Forex than entire annual economies of some countries.

A regular account or a standard account often also called 100k account let's you trade a $100,000 standard lot with a $1000 deposit. This $1000 is kept as the margin by the broker. This is a 1% margin.