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Guys, what is the best leverage for a $100 account?
This is the point. the girl wants to get acquainted with the market for the first time. she will enter 0.01 and that will be enough to start with.
As little as possible, and in general you won't earn anything the first time anyway :-), especially with such a small amount. This is my opinion. I lost 250 dollars for 3 weeks for the first time, then I was smarter, but I started with ten times the amount.
100 to start with, if there is less, less is better. The bigger the leverage, the bigger the risk.
With such an approach you won't even get a tenner... You just have to prepare yourself psychologically at least first...
There is no point in discussing it here for sure. You didn't understand my message. Or I didn't understand yours.
I don't think how to enter the market and save money the first time ... This is what the first strategy should be ... Rena said not to open lots of deals, so you can't risk losing everything...
I'm not going into triangles yet. I look for the elementary two-flip patterns on D1 (like the "sticks" as they say) and then I watch the results.
There is plenty of information in the triangle: euro/dollar - pound/dollar - euro/lb. If one looks at the movements of pairs - pound + euro moves in one direction (euro/lb weak) - the problem is with the quid, it should be looked at.
If they attached the gold and commodity charts to them for information (I have a salary), then one may get something...