Posted by: Bod AtoUpdated at : 11:52 PM
Tags: FOREX
Make money with Forex is a mix of perseverance, risk management and learn some secrets very well kept by the professionals which we revea...
Can you make money with forex?
Well, this question is not at all trivial. If we want to make money with Forex first we should know who do it and does it. In this way, we can imitate him and win us also.
On the one hand, we have banks and their foreign exchange tables. There major transactions are made each day and sky-high profits are generated. It seems that it is not our territory, so we will have to look for other references more affordable.
Traders operating in the intra-day market. They are traders with a leverage of large capital seeking small price movements to make fast profits. They can get about a 1% daily market, therefore, it is normal for them to make 200% per year. These traders take very big risks, but used a very strict risk management that allows them to survive in their bad times.
I do like these traders?
Fortunately Yes! These traders, although they achieve great benefits may not withdraw their money from the account to avoid losing trading volume. They, like everyone else, need liquidity to live and have found a way to achieve it.
You can copy the operations of these traders in your own forex automatic, safe and free of charge. You choose to copy and how much risk, they will work for you and your broker will reward them for helping you.
Some traders have for years winning, here you will see them all. If you want to know more about how copy free forex signals and make money with Forex, we bring you this video.
Control risks in Forex
It is important to stress that you should take greater risks to get greater benefits. Therefore, it is vital to know what level of risk to choose. If we take little risk the benefit will be very small, but our capital will be more stable.
If we use a moderate level of risk can get spectacular profits in the long run, but we will have to bear some significant percentage fall of our capital.
Finally, if we chose a high risk will multiply our money, but a matter of time that our account go into bankruptcy because of the extreme volatility.
In summary, it is recommended to use a moderate risk management to get make money with Forex.
Summary to make money with Forex
You have 2 ways:
1 operating for your account in the intra-day and be 8 hours in front of the market.
2. free copy operations that make professional traders and devote your time to other things.
Whatever your choice remember using moderate risk and choose a good broker, you can save money by choosing well! Use the BrokER test to know that broker agrees you.
Remember to always use Demo accounts to try and get used to different platforms.
ADS
I Hope this Make Money with Forex article is useful for you. If you like this Make Money with Forex article, please give a like and share this Make Money with Forex article to others.
Title : Make Money with Forex
Description : Make money with Forex is a mix of perseverance, risk management and learn some secrets very well kept by the professionals which we revea...
Description : Make money with Forex is a mix of perseverance, risk management and learn some secrets very well kept by the professionals which we revea...