The advantages of Forex market

The advantages of Forex market

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

  • You can get extremely big returns in comparison with your initial deposit.
  • You don’t need a large amount of money. In fact, you can start with only 1 USD.
  • 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, so a return of 20-30% is both a realistic and a reasonable expectation. Remember that currency trading is like any investment vehicle, and having realistic expectations for what you can make is going to set you up to succeed 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 risk. You will find the information on risk management further. Watch What is Forex risk management?

Latest news

The RBA: keeping the AUD alive?

The Reserve Bank of Australia will publish its statement and announce the interest rate on July 7, at 7:30 MT time.

What will affect markets on July 3?

The overall market sentiment was mixed after the USA recorded the largest increase in virus cases since May 9. The data even offset the better-than-expected NFP.

How to trade on July 2?

The risk-on tone is back on the market again. Let’s look at main trading opportunities.

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

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
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