Don’t waste your time – keep track of how NFP affects the US dollar!

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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

EUR/USD recovered losses, all eyes on US Retail Sales

EUR/USD is recovering after the enormous slump on Monday. Follow US Retail Sales at 15:30 MT time!

Gold dropped, market awaits Fed meeting on Wednesday

Gold has plunged amid the stronger US dollar as investors await the Fed’s meeting this week.

Will the economic data drive the USD up?

The United States will release retail sales and producer inflation (PPI index) numbers at 15:30 MT time on June 15.

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