The Currency Trading Market is the largest and most liquid market in the world with trading volumes reaching $4 trillion per day (BIS).
The most alluring aspect of currency trading is leverage.
For many currency traders this implies that with a €10,000 account capitalization they should easily be able to trade 5 lots. This is sadly a common misconception amongst inexperienced currency traders. One lot is a €100,000 and should be treated as a €100,000 investment and not as €2,000 put up as margin. Many currency traders study technical analysis and learn to analyze the charts correctly while placing sensible trades, yet they have a tendency to over-leverage and thus end up forced to stop-loss a position.
Example with Conditions