What you have to do if you have a 1000 dollar account to start trading? Listen the second part of this posdcast where Rob Booker answers this question and gives some tips on how to trade the AUD/USD. Find out more about these tips and tricks that can help you to become a better trader.
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.