Is it worth it to trade Forex?
Is it worth doing business where there are no leases, contracts, inspections, dissatisfied customers? Probably many fall in love with trading precisely because of this.
The currency market is inferior to the stock in volatility, but it’s easier to get out. No contracts, taxes, replenish and withdraw money as you like, a free terminal, a large shoulder and, as a consequence, less margin. You can earn at any time of the day or night, anywhere in the world, anywhere, even sitting on the main job.
How to start forex trading?
1. Register with any reliable broker.
2. Take basic courses: what is Forex, what is different from other markets, technical analysis, fundamental analysis, vocabulary, forex indicators, platform Mt4, what is trading bots.
3. Simultaneously open a demo account and try everything in practice. Each person will take different time to get acquainted with the interface of the program, orders and others. Do not flirt in a demo account, you have a hand and forward to real trading.
4. Start trading with a minimum volume of 0.01 lot on a live account. To do this, you will need to replenish your account for 100-300 dollars.
5. All, you started working in the foreign exchange market. If you close month after month in plus, go to larger volumes.
Trading in Forex is a serious work, and above all on oneself. It will take a lot of time and money. Concentrate on trading in the market, do not be afraid to make mistakes, make mistakes, learn from your mistakes. Form your trading plan and strictly follow it. Remember – losses are not avoidable, take them for granted.
Which trade is more profitable: manually or with the help of robots?
We have created innovative HIGH GAIN PROFIT robot. We recommend our BEST FOREX ROBOT FOREXVPORTFOLIO v11, which is already being used by traders all over the world, successfully making unlimited profits over and over again.
For beginners and experienced traders!
You can WATCH LIVE STREAMING with our success forex trading here
Why do i need a forex robot for profitable trading?
Probably if you are beginners in the forex market you will ask this question. Maybe you think that the human brain can process the chart information better and make better forex analysis and decisions about the possible market directions. Well… you are wrong.
The forex market is unpredictable as the most things in our lives. If the market becomes predictable, it will stop existing. Then what can we do? We can monitor and find specific market situations after which something is happening. Of course, you will never find such case in where after A follows B in 100% probability. But you can find a 60% one. And this will lead to developing a forex trading strategy and when the strategy is crystal clear, it can be coded into profitable forex trading bot. If we need to make an expert advisor definition, it will be — trading robot based on statistics.
How much can I earn?
You can enter the Forex market with one US dollar through a cent account. But what is the point?
Standard account requires a minimum of $ 100, EСN – a minimum of $ 300.
If you want to live with income in the market, provided that you have a stable profitable strategy and you trade manually, you need $ 10,000- $ 20000.
Want to earn millions, trade a million. Want to get thousands – trade in thousands. And if you trade penny …
Most often, Forex bots earn at times more than traders. And all because:
- Expert Advisor trades whole day, that is, uses all the opportunities for trading without exception.
- works much faster than a person. Therefore, it concludes deals at the most optimal price (without losing profit points).
- , unlike a person, can trade in high-frequency and high-precision strategies, which bring significantly more than classic trading systems.
- The is not afraid of the psychological burden, which, as practice shows, reduces the profitability of trade of an average person.
With our forex EA robot the minimum deposit required is $ 800 (or only 8$ for cent account). With this deposit, the maximum initial drawdown will be only 25%, and a stable profit will be from 50% to 300% monthly, and in certain periods of time, under certain market situations, it can reach up to 300%. For example, you want to with 1000$.