Wednesday, January 18, 2017

Make Money on Forex for Beginners


Generating profits on FOREX is easy. You can trade with the national currency of different countries and make profits by speculating with the difference in the price of the same.

That is, to make a profit you need to buy or sell a currency, expect its growth or fall, respectively, and then close the trade. The positive difference in this operation is, therefore, the gain obtained. You can also buy a currency in full growth and sell it within a certain period of time in the same growth trend.

To win in FOREX does not take years of study to acquire the habits of the negotiations and to spend for it own capital. For all this it is only required:

  •       Internet access;
  •       MetaTrader 4 Trading Platform

How much can be won?

Maybe not everything, but much depends on the same trader or the strategies of limitation imposed by the investor on the trader or himself. We have some examples: recently one of our clients generated in 2 weeks 54000 USD of 4000 USD invested. How? He did so in a very risky way: increasing the volume of the operation by 2-3 times for each subsequent operation. In the market at that time there was a favorable situation. In addition, this person was undoubtedly very lucky: if only one of the operations had been a loser, this one risked losing more than half of its deposit, even more. On the other hand, the client had more than 3 years of experience as a trader in the market. And, of course, the ambition to make large profits quickly also carries great risks of losing the capital invested.

On the other hand, not long ago, in the period from December 15 to December 31, 2009, the traders' contest was won by a person with nick "Emelya", and in the market was just a beginner. This user generated 513% revenue gains (from $ 6600 to $ 40,487). There is nothing left to believe in miracles. Curiously, by reviewing Emelya's operating history, it can not be said that it operated at an exaggerated risk: capital made it grow steadily, and trading volumes increased as profits accumulated. The winner of the contest received as a prize a real account with a capital of 100 000 USD to be managed by the latter.

But, of course, there are many other examples. A trader who does not have the professional level is generally advised not to be distracted in trying to earn a lot in the shortest time possible, but follow the best known rules of capital management, ie not operate in a chaotic, Plan each one of the operations, and, most importantly, control and limit rigidly any losses. As soon as the trader breaches these professional principles, he is only fortunate, and, stop Stop Loss, bring you a series of losing trades even more with positions without limits of losses, can extenuate the possibilities of deposit. If the trader is unwilling to stop in time, think carefully and change the tactics of his trades, the losses of this irrational operation will continue to grow.

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