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Tuesday, 29 September 2009

Death by Leverage

Death by Leverage

The banking crisis in the US was caused by banks not buying based on solid fundamentals and using insane leverage to buy securities. As a forex trader, no matter which system you are using to trade it’s important that you understand the fundamentals of the currencies you are trading. Even if you are a technical trader, you still need to know what you are buying and selling.

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