Oct
29

forex trading margin

By

forex trading margin
forex Sales Question?

I have read that most people who start at the FOREX are not doing well. I started a practice account and discussed trends in the table down month to sixty-minute chart on buying trends, maintaining a good margin. I also read what the indicators do. I started with $ 3,000 and one week I have raised about $ 600. My question is, it seemed very easy and I do not know if this is typical or because the account is a demonstration the results have been established for the results.

I would not trust "retail forex" accounts practice, since there is a potential incentive for "forex brokers retail" to convince people who are profitable, even when they are not, just to get people to send real money and beat their accounts to 0. In so-called "retail forex", are not really trade currencies directly, you operate a sales contract issued for his "agent" (not really a runner, even because they are his counterpart) .. Of course, it is likely that the simulator is accurate. What I would do is try to verify the results against a third party source, such as Yahoo calculator. Also, keep in mind that just a week is not a very long time horizon, you may have had only Fortunately, so you might want to look over a much longer period of time. Anecdotal evidence suggests that at least 95% of "foreign exchange retail "customers lose (you can search the Web for several relevant statistics, so worth it). Forex is full of scams in general and please be careful, see also this warning from the CFTC: http://www.cftc.gov/opa/enf98/opaforexa15.htm


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