How not to lose on Forex.

An interesting conclusion can be drawn from reviews of Forex trading: most beginners come to the online exchange for easy money, but they actually manage to earn no more than 5% of the total mass of new traders.

Therefore, the most pressing question in the current situation is “How to make money?”

and “How not to lose on Forex?” It is the search for the answer to the last question that should become the main one for any novice trader, since at first it is important to save the available money.

And so, the main measures to avoid losing your money on Forex:

• Leverage is evil - it is thanks to leverage that opportunities for obtaining excess profits appear, but at the same time, the risk of trading increases; in some countries, margin trading is even prohibited or there are strict restrictions on this type of dealing.

Indeed, it is simply unrealistic to lose your deposit if you trade only with your own money; there is a one in a million chance that the currency you are working with will lose more than a couple of percent.

At the same time, when using a leverage of 1:10, this couple of percent turns into tens, not to mention more significant amounts of leverage.

At the same time, no one is talking about completely abandoning the use of leverage; it can be used, but only after you gain enough experience.

• Work only with the best - to trade Forex you should use only the best dealing centers , first of all pay attention to the company itself, and only then to the trading conditions, bonuses and various promotions.

• Do not use advisors - as a rule, most programs for automatic trading require careful modification, so you should not hope that the trading robot will do all the work for you; rather, on the contrary, you will be left without a deposit.

• Never forget about stop loss - setting it should be the main point when opening any order, especially for pending orders.

• Trust management is questionable - many beginners decide to invest money in trust management during their studies, forgetting that this is also a risk; the managing trader can also lose the deposit, albeit with less probability than you yourself. If you still decide to use a remote control, then it is better to use the option described in the article “ Forex Investments ”.

How not to lose on Forex is not such a difficult question, you should just listen to the four recommendations given above.