What Percentage of Forex Traders Make Money in the Long Run ?…. You’ll often hear the myth that 95% of all traders fail. I was very interested whether this statistic is true or not, so I researched and read a lot of academic journals and reports from broker analyses and what I found was astonishing.[…]
Forex trading is not investing. Because there is no inherent value appreciation of one currency over the others. I.e. you cannot expect appreciation, dividends or interest earnings. Forex trading is speculating. This means you can earn money with it – but it’s highly risky. And most people lose money trading forex. There are numerous financial instruments and[…]
Can you really make 20 to 50 pips per day in forex trading?… As a mere mortal! and having grown around professional traders and studying trends extensively as a part of curriculum my opinion is that it is not a wise idea to have an objective of making certain pips a day. There is no[…]
Is $500 Sufficient to Start Forex Trading ?… Like the others mentioned you can open an account and start trading but the amount is too low for you to actually make any real profits from. While you won’t get rich by trading $500, it is sufficient to start trading Forex. You can trade 0.01 lots until[…]
