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Forex for beginners
Forex for beginners usually looks very scary. Many new terms and incomprehensible charts of currency pairs scare newbies. A novice trader immediately has hundreds of questions in his head. And at this stage, the most important thing is to break wood.
It is best to start gradually mastering everything.
But most people want to make a profit in the first month of work. And then there is no luck. The trader drains his first deposit and leaves the market forever. If you have a great desire to start making money on Forex, then use two options, which I will describe below.
The output for you will be PAMM (percent allocation management module) accounts or trading with the help of an adviser (robot) who will open and close deals for you.
Option 1
Invest your money in a PAMM account. Quite a popular way to make money and the most reliable.
You invest your money in an experienced trader who has been trading for 4-8 years. And during this period of time he has accumulated a huge store of knowledge.
Option 2
Forex trading with the help of an adviser.
This option is also the most reliable for a beginner. You will not need any knowledge of the market. Your task is to install an adviser to the account and he will do everything for you.
By the way, I'm still trading in automatic mode on one of my accounts. For two years I managed to increase my deposit by 2100%. If we compare it with a bank deposit, then this is heaven and earth.
What's next?
And after you start making money, you can withdraw a small amount ($2000-$4000) and open a cent account for work. About three years ago I opened a cent account for a workout with a broker http://www.forex4you.org/. I still have it and I work on it.
Why a cent account? It's simple, work (and learn to trade) is best immediately with real money. Since you will have the risk of losing them and you will not risk it. When you start on a demo account, you will treat forex trading as a game.
Email: tradingninsurance@gmail.com | Trading n Insurance
Forex for beginners
