FOREX MONEY MANAGEMENT: Questions and Answers for beginners

How to calculate your risk
when you have $200 with 1:500 leverage

How not to lose my money in Forex?

If you step away from the charts and not use protective stops
be sure to be trading as small units as possible (with
the highest leverage) or don't trade at all? Or am I wrong?

Ideally how much USD can I start trading with?

Recommended books from Amazon:

A Trader's Money Management System:
How to Ensure Profit and Avoid the Risk of Ruin

Submitted by Beginner Trader on Thu, 11/19/2009 - 09:19.

how would i be cashing my money, are dey going to send it to my bank account or what please help me out.

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Submitted by Forex Tutor on Fri, 12/25/2009 - 01:44.

As you trade, your trading account with a broker will grow. If you choose to cash the profits out, you would need to submit a withdrawal request with your broker and then wait for the money to be transferred to your bank account.

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