Forex is a very lucrative financial markets .By using a little money you can trade with large amounts of
money because of the leverage system. Internet and
connection are two things you need to start. It
is so simple is not it? So, how to make money in the forex market? The
trick is through difference in price you buy with the price that
you sell. For example, you buy the EUR / USD at $ 1.3320 and you sell
it at $ 1.3325. It means you gain 5 pips (1.33325-1.3320). With
the leverage system, suppose you have $
1,000 in your account, you will profit by (0.0005 x $ 1.000.00 = $
50 if your leverage is 1:100). This
can be many times profits if you are already proficient and your
instincts as a trader is mature. However, you
should remember if it might not always be profitable so
it requires patience and good at managing available funds in
order not to lose your identity and threatens you
as a trader. Learn
the basic things firstly because the basic things are the key to
success in this game.
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