Margin and maximum number of active trades

most people learning blow an account (or very nearly) at some point because unlike you, they don’t have the sense to use 1:10 leverage

commonly they use something like 1:200 (some are even insane enough to try 1:500!) thinking to themselves that it must be a reasonable thing to do because “most people” do it

of course, that’s why most people lose

given the overall success rates among people starting out with forex trading, it pays to AVOID doing what “most people do”

when you see things being commonly accepted in a beginners’ trading forum, and looking like things that most people do, never assume that they’re sensible, unless you want the common and normal result (losses) - easy logic, really?