Thank you :)

babypips.com/learn is an excellent free n00b guide, so maybe get him to check that out.

But good forex trading is all about risk management. Risking 2% of your account per trade and targeting 6% for example.

With $100, that makes the dollar amounts very small and as a result encourages rash trading.

My advice is to get the processes right on his small account and then he will have no problem transitioning to a bigger account when available.

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