How a beginner can make money on Forex.

I would like to immediately upset novice traders; it is almost impossible for a beginner to make money on Forex. To be more precise, “earn money consistently.”

It is quite possible to make a profit from one or two transactions, but it is quite difficult for such success to become the rule. Usually everything happens according to the standard scheme: you earn a couple of points on profitable trades and lose everything on one unsuccessful one.

How can a beginner make money on Forex? – there is no standard recipe, but there are a couple of nuances that will allow you to save your money.

Option 1.

It is the simplest and at the same time the most correct, its essence is that you do not trade with all the money you have until you achieve success on a cent account .

That is, you train on a real account with a small amount, gaining experience and knowledge. And you get earnings from investments or automatic trading:

Investments - the most popular option at the moment is the option of investing in the Top 10 managers , this is a new type of trust management when your money receives maximum protection.

The average yield is about 50-60 percent per annum. In this case, you will not only not lose your initial capital due to inexperience, but will also earn good money, which is oh so difficult for a beginner to do in Forex.

Option 2 .

Copying transactions, or as it is also called Forex copy, also recently created the opportunity to copy transactions of successful traders, giving away part of the profit for successful ones.

Just imagine that it became possible for you to repeat the deals of George Soros or Larry Williams; not all newcomers appreciated the new opportunity.

Its essence is that you register on the website of a broker offering this service, and then choose from whom you will copy transactions.

The advantages and disadvantages of this option are described in detail in the article “ ForexCopy ”.

Option 3.

Independent trading - perhaps you will be one of the 5 percent of traders who win on Forex.

To get started, use the simplest Forex trading strategy , and follow these recommendations:

• Deposit only half of the available money into your account.
• Follow the recommendations given in the strategy completely.
• Don't trade without a stop loss.
• Don't open trades at random.

This is the riskiest option, especially if your acquaintance with the Forex market does not exceed a few months.