Friday, July 13, 2007

Lesson 2 - things need to know be4 trading

1. broker - company that you deal with
2. platform - trading software
3. spread - differences of buy and sell price
4. leverage - how much does it cost your margin for every lot
5. swap - charges +ve and -ve
6. margin call level
7. broker policy on hedging and scalping etc
8. broker history (ask others' experience)

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