2. Most people don't view trading as a
business and this is a very big
mistake. Why? I really don't know.
I think it has much to do with all
these fake trading robots pushed by
21 year old Internet marketers.
They make trading Forex trading
seem as it is very easy, push button
profits.
My Best Forex System on page 4
3. Although brokers offer leverages of
up to 200:1, it is not obligatory to
use it. In this example, a $10,000
investment leveraged 10:1 instead
of $1,000 leveraged 100:1 offers the
same amount of profit/loss. A tenth
of the profit compared to the
amount invested, but a tenth of the
risk. There are now a large number
of online brokerage houses offering
trading facilities. This is by no
means a complete list, but a good
place to start.
My Best Forex System on page 4
4. When trading it is vital to adhere to
strict money management and
capital conservation techniques.
Money management must be an
integral part of any good trading
system, and of course you should
never trade with money that if lost
would cause you or your family
financial you can take onboard and
learn these not so secret secrets”,
there is no reason why you should
not be able to join the ranks of
successful forex traders.
Best Forex System Explained
http://andylank.com/cash-flow/
5. An online trading platform will
show three important numbers
associated with your account:
balance, equity, and margin
remaining. If you have a $10,000
account and open one $100,000
position using 100:1 leverage, this
has committed only $1,000 of your
money plus you must maintain
$1,000 in margin. While this leaves
$9,000 free in your account, it is
possible to lose it all if the position
moves the wrong direction.
Best Forex System Explained
http://andylank.com/cash-flow/
6. Yes, there is a better way to create
a Forex trading income from
scratch than to learn how to trade
Forex on your own. It's by
leveraging on the experience and
knowledge of Forex traders who
have successfully navigated the
treacherous waters of the Forex
markets with automatic Forex
trading systems. Let's face it, until
you free yourself from the rat race,
you won't have the time to trade
Forex all on your own, yet you
won't have the means to achieve
financial freedom unless you have
a Forex trading income.
Best Forex System Explained
http://andylank.com/cash-flow/