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The Advantages of Forex Market

Information is not investment advice

Why become of Forex trader? There are many reasons to try out Forex trading. Some of them are listed below.

  • You don’t need a large amount of money to start.
  • You get a vast knowledge and experience in finance.
  • You have your own business and depend only on yourself.
  • You are free to manage your time as you wish. 

How much money can one make trading Forex?

How much money can you really make trading Forex? There are a lot of websites that claim to double or triple their money every month. However, in practice, professional traders return 20-80% a month. Remember that currency trading is like any investment vehicle: having realistic expectations for what you can make will set you up to get positive results more than thinking that you can get rich quickly with only a $50 investment.

What are the risks?

Please do remember that Forex trading is very risky. Forex should be traded with only risk capital. In other words, trade with money you can afford to lose.

At the same time, there is no need to be afraid of the risk. As the trader, you have to take a reasonable risk, which is exceeded by potential reward, and make efforts to decrease the risk. You will find the information on risk management further. Watch What is Forex risk management?

Latest news

What Will Move the Market on September 27 – October 1?

Although Jerome Powell’s speech sounded hawkish on Wednesday, September 22, markets did not get scared and the main stock indices got bought back…

Turkey has decreased interest rates, but is it a buy?

Turkey’s central bank governor was at a crossroads: to hold interest rates and take a risk to be fired like it was for three governors before him, or to comply with the president, to cut rates, and to risk the market. Let’s find out, how to react to the rate cut.

Main Market Trends on September 23

The Fed can start tapering already this November, oil is rallying pushing the Canadian dollar up! Jump in to know more!

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