How to invest in Forex being a beginner and living off the earnings

Many people think that you can not make money in the currency market, also known as Forex market. This approach may have been the result of a bad experience and shows that these people have not been using the right strategy, especially when it comes to a beginner in the field.




Basic rules Forex Investor




Whereas the foreign exchange market is the most liquid and volatile how many there are, all Forex beginner must first abide by the letter basic rules when investing:




a- Never invest more money than you can afford to lose and never borrow to access this market.




b- Limit and mitigate the risk in each investment and especially not dazzled by high leverage (greater than 20: 1) in search of higher profits. Profit of 3% to 8% a month is more than enough. Demanding more money to this business is risk losing the initial capital.




c- only invest in managed accounts by trading experts. Do not invest on their own, especially if the investor does not have the time or enough to analyze the market and make the right decisions or not has a software and financial indicators appropriate support, which are fast, assertive and efficient experience.




d- always diversify investment capital distributed to different accounts ... but do it wisely and through traders and brokers accredited

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