FOREX MINI ACCOUNT
Forex mini account-returns and tips
How and how much
I am a newbie and would like to know:
1. If you have experience trading mini account (300 $).
2. Are you able to generate at least 30$/month?
3. What technical indicators do you use?
Forex trading without experience is kind of a crapshoot, if you ask me. You can be correct on the long term direction of a currency pair, but in the short term you might lose all of your margin. For example, if a CPI figure comes out and you are on the wrong side of a trade, you could esaily lose everything. If you are going to trade with $300 then reduce your leverage, and you can stay in the game longer. Techincals that I prefer are Moving Averages, Fibs, and the Elliot Waves. Also, I find that MACD can be good.
Forex Mini Account Trading