We make money on Forex without knowledge of market analysis.
Most of the literature on Forex trading says that it is not possible to make money on the stock exchange unless you know at least the basics of fundamental and technical analysis.
But in reality, quite a few traders successfully increase their net worth without sitting for hours at a trading terminal and without analyzing history and statistical data.
The secret is quite simple - there are several options on Forex thanks to which you can earn money without wasting time on lengthy training in the art of trading.
1. This is a forex copy system , unlike standard trust management, here you can independently manage important parameters of transactions, for example, change the size of positions, copy only short transactions, etc.
Moreover, you can copy transactions from several traders at once, thereby significantly reducing risks, and at the same time comparing which of them is more successful.
2. Social trading - copying transactions of professional traders in a trading platform, allows you to fine-tune the system, thereby reducing risk and increasing profitability.
There are both paid and non-paid subscription options. Unlike Forex copy, this system is available in the standard version of the metatrader terminal, which is available at almost every broker, and the choice of suppliers is simply huge.
If you wish, you yourself can participate in the ranking by selling your signals. 3. Investments - this option is for the completely lazy, we invest money and simply receive a monthly profit, on average the net income is 6-8%.
4. Ready-made analytics all dealing centers provide this , some with the condition of replenishing a deposit, and some completely free.
The only thing you shouldn’t rely too much on is trading with advisors; as practice shows, scripts rarely trade automatically all the time, and the result of their use is most often the loss of the deposit.