Hello Forex Traders. You are most welcome and thank you for this thread. Lets talk about Forex! How are you doing? ElectricSavant™
Yes even will compete with many trader but if in lucky will become one winner, even on third rank still get prize, but so many expert that take part also and start from ten bucks on a week some of them already able increasing more than 50 bucks
Frankly I didn't get your message at all? So are you taking part in such contests or prefer to benefit from no-deposit accounts only?
There may be lots and lots of advantages of Forex Trading, but the one thing for which we are here is the money involved in the Forex Trading.
Is this even true anymore with the addition of micro contracts at the cme? Do people actually trade smaller lots than 10,000? I just don't see the point of trading forex when you can just do it through futures and know 100% it is legit and almost always have lower costs too.
True that! Leverage is a weapon which can be used profitably only with proper management. Otherwise high leveraged trade can rack up great losses due to bigger lot sizes.
Forex Trading is known for its money involved. It is a very risky business, but here risk is equal to reward here and we need to acknowledge the risks and see that how you could turn it into profits.
There's no volume information in spot forex so you're on a level playing field in terms of volume analysis. Which can be an advantage of disadvantage depending on your experience and edge.