I always wanted to see how Forex (FOReign EXchange market) works. But with account funding starting at 2k USD or EURO forex trading was always out of my reach.
Until now, finally found trough an ad a forex trading platform that allowed me to start investing even at 25 $ or Euro initial investment. You may wonder how it is possible to make any money with such a low initial investment. It’s easy and it’s called:
Let me show you why you can make big money with such a little investment: it’s called MARGIN.
“Defining Margin:
Trading on margin means that an investor can buy and sell assets that represent more value than the capital in their account. Forex trading is typically executed on margin, and the industry practice is to trade on relatively small margin amounts since currency exchange rate fluctuations tend to be less than one or two percent on any given day.
Margin, or leverage, implies that the investor is “gearing” his or her funds. Margin rates of 1% on the first USD 25,000 in your account, and 2% on assets greater than that, are common in online trading. What this means is that a margin of 1.0% enables one to trade up to USD 1,000,000 even though there is USD 10,000 in the account. In terms of leverage this corresponds to 100:1, because 100 times USD 10,000 is USD 1,000,000, or put another way, USD 10,000 is 1.0% of USD 1,000,000.
Margin is a powerful accelerator
Using leverage opens the possibility to generate profits quickly, but increases the risk of rapidly incurring large losses. It is important to review the margin thresholds and limitations in your trading agreement to determine the range of trading activities you can undertake.”
Quoted from Finexo website.
As such, let me give you a picture of my recent trades based on a batch of USD 1000 (that’s the minimum one can trade at one time, but you can also trade USD 10,000 as well with only 25$ initial investment):
As you can see I have only traded 1000$ at a time and I almost always take profit from my trades. And I only trade on this days that I know I can Win some PIPs and only some currency pairs. Your problem is how to know how to identify this signals and to know how you can always take the profit. You can always contact me trough the contact form found in the “About me” page (and if you signup and make the minimum deposit you’ll find out more).
Always remember, trading currencies without some initial knowledge can be disastrous.
