Trying to find out how much you earn on Forex, you need to decide what will be expressed in earnings. The fact is that the final profit is affected by many factors. Their combination determines the successful or unsuccessful outcome of the transaction. The goal of each trader who wants to call himself successful is to find such a trading strategy that will consistently bring the account into profit.
Factors affecting the degree of income
Such factors are:
• The situation on the stock exchange.
• The size of the deposit.
• The level of risk of a strategy chosen for trading.
• Personal qualities of the trader.
Now consider the factors in more detail. Market movements are determined by the behavior of the crowd. People react to the release of significant news, and also begin to panic at sharp price jumps. This must be played. Otherwise, there is a risk of losing your savings. It is impossible to predict exactly which way the price will move. Therefore, risks should be limited to stop loss orders and take profit. Use hq broker’s tutorials and become a successful trader.
On how much money is on the account, the trader's profit depends. Risk of 5% of the residual amount is recommended. Large investments bring a big income. There is a difference between how much you can earn on Forex, having $100 - or having $1,000, $10,000. Since the profit is considered to be a percentage of the deposit amount, the same percentage of income (for example, 30%) will mean a completely different the amount of money - $30, $300, $3 000. When you are offered to easily earn $100 - specify, based on the amount of the deposit. The larger the amount of primary capital investment, the lower the number of points you can earn additional income.
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