Hi S, I don’t mean this sarcastically, but seriously, if one is trading less then 10M USD Notional, it is more of a hobby than profession. Getting outsized returns on a small size account is a fantasy, Some folks will tell you that it is possible to make 80k usd a year on a 100k usd account. This will never happen or has ever happened. I challenge anyone here to put up a certified and audited statement, that shows for three years they have attained this or better, in fact, how bout 50k per year on a 100 k account.
Que the people who say that, yes I have done it and I have no need to prove it to anyone, so there, nanny nanny noo noo. Hehehehe, oh big roller, we have challenged your integrity, and that is the best you can come up with?
Now the leverage question is interesting, in reality the U.S. is fine with this, 50/1 on the majors allows you to start to learn how to trade with $500 bucks, taking 1000 units, you have $.10 a pip, this allows a new trader the ability to be able to experience real trading for a couple of years, until they are ready to invest more, or attract capital to trade. I think Canada wants FOREX for the average person to go away, the thinking being, free healthcare, free housing, free food, what more do you want.
The Ever Challenging VIPER
PS No MFB does not count