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Money management is the key, you can't hear that enough times
Hey phreak...
A few points to consider before you open your account. Most people will tell you that you should only risk 1-2% on any given trade. With a $1,000, one lot (minimum) is 5% of your account, and thats with a 50 pip stop loss. $4,000 is the lowest balance you should start with in my opinion, and many others. That doesn't mean you will not succeed. Just want to inform you. Good luck.
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