So if I open a high leverage account $100 with 100:1 and
I go negative. Account is wiped out. Am I on the hook for $10,000? Will my broker send the Russian Mafia on me?
Considering how small $100 is in theory and how 90% of traders fail in forrex apparently I'm just wondering.
Seems like alot of initial risk for what is usually small profits in comparison.
I'm having extremely consistent good runs in demo and ready to put theory to work just wondering if I understand everything correct.
My goal for 2016 is not to be millions of dollars in debt. haha
I go negative. Account is wiped out. Am I on the hook for $10,000? Will my broker send the Russian Mafia on me?
Considering how small $100 is in theory and how 90% of traders fail in forrex apparently I'm just wondering.
Seems like alot of initial risk for what is usually small profits in comparison.
I'm having extremely consistent good runs in demo and ready to put theory to work just wondering if I understand everything correct.
My goal for 2016 is not to be millions of dollars in debt. haha