QUOTE(TiramisuCoffee @ Feb 10 2014, 10:31 PM)
Thanks, zDarkForceSz for the replies!
Is there a limit how much I can transact per day using debit card? ( sorry, For the noob question

I don't have a debit card b4). One site I checked, they need me to remit USD2k as deposit. Is it ok if I choose USD as base and 500:1 as leverage?
As a newbie, is it better to just opt for Binary Options ? I was told to just play by sentiment. A no brainer strategy. How sound is this advice?
1. Daily maximum is RM5000 for debit card (you need to go atm to change this limit)
2. There's no need such big amount of money to start off with since you're still beginner in this field.
3. Leverage is a double edge sword, there is pros and cons. My advice to you never risk more than 1% per trade!
4. Binary Options is more into gambling. Learn Forex if you want better return.
Trade off with demo.
Build you strategy.
Stick to the plan.
Don't put too much faith in your strategy.
Master you strategy, Stay good risk:reward ratio, be patience, flow with the market, don't over trade took revenge trade.
95% beginner fails. You can burn your account within 1min if you don't manage your risk:reward well.
Frankly tell you, a lot people burn their account several times. The devil inside you, you must control.
I got a friend start of with 500USD and now his account is 264times now.
Before this he burn his account twice.
I'm not scaring you off, but his is reality.
Not some sort of overnight rich scheme.
The advertisement out there is cheating.