Forex trading is a great way to make money with little knowledge. However, a novice trader has to follow some simple steps that are essential for success. If you lack them, there is a high risk you will lose your invested capital. Eurotrader is a platform that was created with the goal to help new traders to save their time and money. It provides them with a lot of features and user-friendly tools which will help traders to succeed even with small capital.
And how can I be sure it's not fraud? Are there any guarantees, because it's not the first time I've been scammed, maybe I'm doing something wrong?
Wow, thanks, man. I'm just working on my trading and have a little experience. And this is just what I need. I heard about forex, there are a bunch of banks working with that exchange, but I'm sitting on another exchange.
My advice is to trade on demo until you accumulate more experience, demo trading is a safe way to learn.
Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury. Choosing the right forex broker can change a trader's life. I recommended the LegendaFX trading platform because it's an award-winning and regulated broker that has been in the industry for more than a decade.
Yeah forex is a great way to make money, but an easy way to loose all you have too. I would suggest you go heavy on the learning and practice part before you venture. There is an article about "a trader's first steps" on Forexchief library section on their website with some other useful materials for beginners, you can check it out.
While forex can be promising, we should careful to control our greed. We all want more in life. It is that desire that drives you to want to trade and achieve your goals, so being greedy for more is an ok thing and a common trait in human beings. But what we should avoid is excessive greed.
Yes, it's right that we can make unlimited money from Forex industry, and I see many people are earning quite good by FreshForex broker since they are giving really huge deposit bonuses.
This can never be overstated, especially revenge trading. If you fall into this trap you will end up loosing all you have.