Hi there, I'm very new to forex hence the question. If I have 1K in my account and as the currency I invested plummet, the money lost is only 1K or will I be in debt?

Thanks!

You only lose what you invested. Nothing more.

If you go short, then yes your losses are unlimited theoretically

If you go long and the currency depreciates, you will get a margin call and force liquidation if you don't comply.

there is bulls and bears everywhere. you have to understand why that happen? until then, you are simply gambling

just buy USD instruments anytime. now.. later.. next week. exit only when you heard of recession, something big happen
like crude oil drop to 20usd per barrel, another Lehman disaster, another 9-11 strikes, civil wars
things like NFP, Trade Balance or whatever so-called red news doesnt affect USD instruments

The problem is Brexit only affected Cable by 50% and less

Did you notice after Trump won the election, Cable slightly going down? and why?

i am newbe ,which forex platform is recomanded?why?

Why kind of answer you provided? I never heard about this theory for short trades...

check 1st post.

Taken from FXCM

The information is correct but you summarised it with wrong meaning.

lol. as far as my memory serves me nobody is right. only the chart is always right. the market is alive and constantly changing throughout the years.

let's say USD is rising now. yes u may jump in, but it may pullback on daily levels by 3 days. so in effect your recommendations might cause u -300pips and 1 week just to break even.

so without entry points any recommendations is useless. it's a waste of time n risk to reward ratios is terrible.

USD/CAD & AUD/NZD are in Bullish mode now. Expecting at least 100 pips gain.

What you are trying to say about short selling is applicable to commodities and stocks where there is a value to the goods that you are short selling.

For example, if you buy 1 unit of stock that is USD100... and it goes to zero, your losses are limited to USD100 from the beginning. However, if you short sell USD100 of stock, in theory, the price of the stock can go up to unlimited which is why the posting says your losses could be unlimited. If the stock goes up to USD1000 you have lost USD900.. or if it goes up to USD10000 you have lost USD9900.

As for currency, the risk is still there but on a more limited scale where the risk is similar to whether you are buying or selling a currency. Unless something disastrous to the country, the currency will not rise/fall uncontrollably. That is the reason why we trade in major currency and not the exotics ones. Imagine if you traded in the Venezuelan bolívar, you'd either be a very rich man or a very bankrupt one.

Guys, anybody invest in pamm?
How do you guys decide if its good or not.
lets take this acc for example;
http://www.forexfactory.com/faizakunnick#a...-explorer.78541
-low "worst trade return"
-steady gains ie +-3% for every trade not fluctuating
-anything else?
TQTQ

Account Open :
Account Age :
DD :

DD - 99.7%

nobody is right yes you are right
but what matter is how many times you are right n how many times you are wrong

USD instruments always rising all the times except when something big hit them. as long their fundamentals are strong, you will have a pullback n rise even stronger, you have to be patient when things not going the way u expected

If your position reach -300 pips what's that mean to you, it's clear change of trend. If u still want to ride with it, there is option for u called hedging, other wise accept your loss n look for new setup

Winners > 70%
DD < 30%
Healthy equity curve
Not martingale n grid trading
Trading history more than 1 year

There's a lot out there

USD/CAD seems bearish to me.

Those are for stocks la. single instrument.
Doesn't apply on pair instruments like forex.