The 8 most dangerous mistakes of forex

Yeah ok, and yes the leverage offered by your broker does have a little to do with risk in some ways IMHO... it greatly depends on how much trading capital you have in the account vs the lot size you are trading.

If you have $5000 and 400:1 leverage you can do much more trades safely than with $5000 and 50:1 leverage.

If you over-leverage with 400:1 the same result will happen at 50:1 although you will last a bit longer with 400:1 than the latter. Even still 50:1 favors the broker more than anything else if they trade against you.

The risk of leverage offered is Margin Call and that is a risk if you don't understand the implications of it.

When I think risk I think risk of loss... nothing more, nothing less. Margin Calls only happen when you are losing and you don't have enough to cover the margin of the open trades.

Useful article. Thank u for it.

Hi... Great Info. Thanks for the same... One more thing, What I believe the biggest mistakes people do in trading is that they don't follow proper risk management... After learning trading method, strategies, tricks and tips and all they are not going earn until trader don't manage risk properly..

Lets do a little exercise:

Open your MT4 chart and look at the last loss you made. Ask your self this questions

1.Why did i make that loss
2.What can i learn from the loss
3.How can i avoid the same loss again.