FOREX: Forex trading, forex trading tutorial, forex trading for beginn...

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General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

"RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK"

"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."

 





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Risk Warning: Your invested capital may be at risk.
This video is not an investment advice.

Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)

Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)

All you need to get started is a computer with internet access and a trading account with a FOREX broker. On the FOREX market one currency is exchanged for another. The single most important thing on the FOREX market is the exchange rate between two currencies (a currency pair). Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

Forex trading is a way to force your money to make more money for you. It can hardly be used as the only source of income. Therefore, the answer of this question that “Is It Worth to Become a Forex Trader?” is yes because when you become a profitable Forex trader, you can trade currencies and make profit. A good thing about entering the Forex market is that you need large amounts of money to begin. It is possible to start trading Forex online for as little as $1. Many brokers often have a minimum amount required to open an account, and this can range from $100 to $10,000.

If you term trading as a gambling than you might term Equity market and Bonds as gambling as well. Moreover, gambling is just trying your luck while trading is backed by analysis. Trading Forex is often referred to as gambling. I am a Forex trader not a gambler. Currency trading is not an easy way of making money and making a living. It is the same with the stock trading and all the other kinds of tradings and investments. To make money consistently through Forex trading and maybe to become a millionaire finally, you have to pass some important stages.

If you risk $1000, then you can make an average of $20,000 per year. If you risk $3000, then you can make an average of $60,000 per year. If you risk $5000, then you can make an average of $100,000 per year. This is the same strategy, same account size, and same trader.
FOREX: Forex trading, forex trading tutorial, forex trading for beginn... FOREX: Forex trading, forex trading tutorial, forex trading for beginn... Reviewed by BO Turbo Trader on August 21, 2018 Rating: 5

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