"Forex the future" * The main advantages and benefits of Forex trading!

in #trading7 years ago

The films represent the traders as intelligent, young and dressed individuals, who make a six-digit salary with a couple of clicks a day. Well, this is a little misleading, since in the last fifteen years the commerce has evolved enormously and although to realize operations of sale is not for all, nowadays anyone can operate. The first thing you should do when you are considering becoming a trader is to ask yourself- "which market to choose?" You can choose between futures, options, energies, securities or currencies. All markets have their appeal, however, the advantages of Forex trading have been underestimated. We are here to guide you through the main benefits that this market has and to provide you with the necessary knowledge so you can start trading Forex online.
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Now a question that perhaps is the one that more will be done.

*What Percentage of Traders Have Profit?

The question of how many traders achieve profit in Forex trading is a recurring theme in the Forex discussion forums for traders. We have made an analysis and we conclude that only 10-20% of all FX traders manage to consolidate a profit.
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*About a third of the traders registered a total loss, or close to the total (90% or more lost).
The main statistical values ​​of our analysis are:

8 of 50 traders (16%) made profits
The average loss was -48.5%, the median was -54.7%
On average, 56.5% of the trades were completed with profit
The last point is surprising - although five out of six Forex traders registered losses, more than half of the trades closed with profit.
If we compare the profit by trader and the percentage of trades with profit
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And the last question.

*Conclusions Forex Trader Gain Analysis

Our analysis confirms what any trader should know: Forex trading is very risky, and most traders lose money online. Therefore it is extremely important to carry a good Forex risk management. This means that only a small proportion of the money you have available should be put at risk in a specific trade. The risk of a total loss can be greatly reduced by using this strategy. And the fact that most traders lose money is clear. Many small traders compete against the few professionals. These professionals can tie a profit - at the cost of the many small traders. And do not forget that FX brokers make money with each trade, earning from the price differential. That's why it's not surprising that not 50%, but 10 to 20 percent of all FX traders make profits.

Second, even those 10 traders who suffered a loss of 100%, completed on average 48% of trades with profit. This shows that for some time they had successful trading, and then they lost all their money with a few trades completed in failure. Thus, while their profit was barely a minimum percentage, their losses reached 100%: Achieving small profits and having huge losses is a very bad trading strategy. Then it is important to know when to close a position before entering that position, and stick to such a decision. This means in practice that you should immediately place a stop loss order on your trades. This will help reduce losses to a tolerable level.

As a third consequence, the analysis shows that many traders apparently do not have the required experience. We recommend that each FX trader first gain experience without risking real money using a demo account at no cost.
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So what do you expect to become a successful trader? Come to forex and achieve much more than you imagine!

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If everyone can trade, then why can't I do it?

Yes, indeed, in the movies, traders look very solid in suits. I also do trading, but I do it in my pajamas. Lol. And you can also engage in trading, just for this I advise you to read the information on this topic on the site where it will become a little easier for you to understand what it is and how to use it.

An excellent article, quite complex things were explained in simple language. In general, I like to be aware of all the news, because it ensures success in trading, so I always follow the online stock advisors https://wealthpursuits.com/best-stock-advisor/ . And I advise you to constantly keep your finger on the pulse. I followed the news and for example one of the first thousand people invested in gamestop shares, and made 36 thousand dollars on it. Nobody knows when there will still be an opportunity to earn a lot as well.

Forex trading without utilizing various software tools. Personally, I find the fbs broker review trading platform, available at view site, to be the most advantageous solution for any Forex trader. This platform simplifies the analysis of currency pair charts, facilitates the opening of transactions, enables the setting of stop-loss and take-profit orders, and offers numerous other features, more info learn here. I trust that my recommendation will prove helpful to you!