Questions i Often get asked are:
How does one profit in the Forex Market?
How risky is Forex trading?
How do i start trading?
How do i keep track of my trading?
I'll start by saying to make a profit in the FOREX market you buy currencies low and sell high. The profit potential comes from the fluctuations in the currency exchange market. Unlike the stock market, where shares are purchased, Forex trading does not require physical purchase of the currencies, but rather involves contracts for amount and exchange of currency pairs.
Now on to the second question as to how risky the trade is. You see in forex you cannot lose more than your initial investment, the profit you may make however is unlimited, but you can never lose more than the margin. I strongly advise to never risk more than you can afford to lose.
To start trading using the Easy- Forex Trading Platform, or any other you firstly have to register and then deposit the amount you wish to have in your margin account so you can start working on your investment. Payment is by credit cards, PayPal and in some cases western Union. Once deposit is recieved you're ready to start trading.
As for monitoring your trades, that is done online anytime, anywhere. You are given full control.
So now that the fundamental introductory questions are answered. We can move on to the next thing.
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