Recent content by Michael Daecher

It is possible in theory but it is next to impossible on practice. There are lots of risks of losing these $10 but there is a chance out of thousand that you'll manage to succeed, but you'd better to concentrate on consistency.

There is no trader who doesn't have any losses. We should understand that the market is unpredictable and the prices can move in any direction in spite of our expectations. That is why we have to follow money and risk management principles in order to secure our deposits from serious losses.

First of all, you need to save the money for a rainy day. Everything might happen in your life and you've got to be prepared for all of the financial difficulties which might happen because otherwise, you'll have to withdraw the money from your trading account and you will not be able to get it...