Seeing other successful people in the forex trading business can cause you to feel a sense of envy and pressure to perform. This can lead to impulsive decisions which can cause a margin call. A margin call is when the broker requires additional funds to be deposited in order to maintain the open positions in the account. This is usually triggered when the account?s equity drops below the required amount. Margin calls are a common occurrence in the forex trading world and can be avoided by planning ahead and having a risk management plan in place. Before investing, traders should have an understanding of leverage, account balance, and risk management strategies. Knowing when to cut losses and when to take profits is essential in order to avoid a margin call. Additionally, traders should have an understanding of the forex markets and the trading environment. This can help to identify any potential risks and prepare for them accordingly. Having a sound trading strategy and money management plan in place will help to reduce the chances of experiencing a margin call. Seeing successful people in the forex trading business can be inspiring, but it can also be a reminder of how risky the market can be. It is important to take a disciplined approach to trading, and to remember to plan ahead and manage risk in order to protect your trading capital
