The first time I met Forex, it was more than ten years ago. At that time things were different and I remember I used to trade in a broker that let me 1$ per pip with just 10 bucks in my account. I lost about 140USD in a row but eventually I got a nice entry point trading the news and I made 657 pips, ~650 USD just out of 10 dollars. That was the first of a line of failures and successes that, in the end, made me much more money than I put into it.
I was fifteen and since that time I became a huge fan of hyper aggressive Forex trading, even though I know very well how much destructive this can be. I tried to play conservative too and during all these years I read a lot about money management, ROI, indicators, fundamentals etc., but I think conservative is not for me as I tend to get frustrated after growing my account from 1,000USD to 1,115USD after months of struggling and despair trying to beat the market. Eventually I will get so much tired that I will lose everything in one reckless trade.
This happened many times. Aggressivity is my line of trading and I love this.
Ten years later, today I have a stable job and I’m willingly to bet 1,000USD in Forex from time to time. I really do not care if I lose everything in just one trade and in less than one hour, as long as the broker allows me to buy $10 to $100 per pip. My line of trading is specialization in entry points with stop-losses at 10-15 pips and this is the only way I managed to make some decent money in Forex. Now I want to bet more, but I spent an entire week parsing broker after broker and I found no one that could give me both security and high leverage.
All of them seem scams.
It seems to me that high leverage is bounded with fraud and cheating. This makes me very sad, because Forex is the only market I know that, although extremely risky, is one viable way to make someone rich by such big leverages. In my country Real Estate was one of such markets some years ago, but not anymore, as the banks are asking now for 60% to 70% of the asset value. I have absolutely no way to pay 100,000USD to buy 100 volumes, but I would be more than willingly would some broker made me pay 1,000USD as fee plus 1,000USD as margin just for the chance of testing my abilities as I played all these years for small values as 10USD-50USD.
So, would some of you know about decent brokers offering this kind of leverage?
Thank you.