Many thing has been said about Forex but one thing that relatively comes to mind when we talk of Forex is how risky it is? Can one trade Forex without any loss? this is a million dollar question. Although one will say it is not possible to trade Forex without losing. Easy Forex trading can be achieved by Forex made easy tips. This article will show you how to trade Forex without losing.
Though as weird as it may sound it is possible to trade Forex without losing a dime. How is it true? You may ask, Lets calculate it. Assuming you invested $1000 and at end of the day you have $1500 your total gain might have been $550 but the actual gain is $500 because you lost $50. But looking at it in the real terms you have lost nothing. This is what I am going to show you how to do. Just follow the steps below.
1) Always watch the market before entering. Though Forex is usually unpredictable this will help you know the market trend and be able to place the right trade.
2) Never Enter a high Impact until you see clearly the direction
3) Make Forex Trading a Fun, Never fidget when you are trading Forex. Have confidence!!! Lack of confidence and fear has been the major cause of people losing in Forex
4) Never Trade Forex under stress. This will jeopardise your sensitivity if you do so
5) Make research; Make research, study predictions before going into any trade.
6) Go it Big!!! I always advice my students to trade Forex only during a good market that will fetch you about 20 pips and above instead of going into a bad market that will be changing between 1 pip - 5pips and down to negative and up again. You can only achieve this if you follow the above tips and others below.
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