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Trade
Forex – whether to take up trading
Apparently, advertising of the Forex market is not only in kindergartens. In the subway, on TV, on the Internet, on the streets, and almost everywhere you can easily find commercials and posters about the Forex trading. At first glance, all this work with currencies, stocks and other things, seems very doubtful. Is it worth to try to spend time on trading or not? Let us consider what you can and lose and start trading on Forex.
So, first a few words about what is really possible from the market to, and what to give. Then, the points consider that can be attributed to the strengths and weaknesses of the foreign exchange market.
On the market really make, but it's not millions of percent, which is a dream of some newcomers, and a much more modest yields. For example, in dialogues with experienced traders often called by such figures as 70-120% per year. At the same time, to lose their money as a result of losing trades, quite real. However, the trader risks only the amount he put into the account.
Forex pros:
• work at any time of day, except weekends
• ability to work with mobile devices
• additional earnings for men
• free to practice on demo accounts any amount of time
• ability to attract investment
• the opportunity to invest their capital
• results of successful traders is several times higher than Bank rates
• work without bosses
• no need to trade on the Forex every day,
Forex cons:
• it is difficult to learn how to consistently earn on Forex
• there is no uniform program of training
• you can lose your money
• possible conflict of interest with the dealing center
• responsibility for the result only on the trader
• there are no guarantees
This division of the pros and cons of Forex trading, it is possible to make certain conclusions. Note that these results bring all the people who are interested in trading on the foreign exchange market. It is impossible to derive a General formula, because each person in varying degrees appreciates the importance of certain items as the strengths of trading, and weak.
I would like to emphasize again that newcomers put a small amount of money on your cent account, that would be in the case of failure, their loss was severely restricted. So, do not be afraid of any serious financial consequences of a failed trade on Forex. Virtually all brokerage companies in their contracts, signed by customers at account opening, reported that the damage may not exceed the balance of the Deposit.
However, there are exceptions to the rule, but these are isolated cases, which occur in some companies. Just read the agreement before you open a trading account, to ensure there is no possibility to go into the negative.
Should take on Forex, in the opinion of the author, if there is interest, it's important. Even if no money for trading, even if there is little time for training and trade, still a few minutes free to open a demo account and look at the whole situation from the inside. This will help to form their own opinions about the market and work on it.
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| Category: Forex | Added by: (06.11.2017)
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| Views: 421
| Rating: 0.0/0 |
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