Facts About Forex Trading Bonus And Small Profit

Discussion in 'General Trading Discussion' started by Adam Smith, Nov 23, 2017.

  1. Adam Smith

    Adam Smith Member

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    Bonuses are very attractive to hear. Whenever we hear there are some bonuses going on, we hurry and jump there to avail all the bonuses that we could. Forex market is no different and there are many bonuses being offered to the traders by brokers. When people are making money, they are also losing and this losing money is greater than the amount people make in Forex. The brokers have to offer them many bonuses to keep them interested in Forex.

    Think of yourself as an ordinary trader. We know that you are a genius and god gifted trader in the market and you are making money. If you were an ordinary trader and you do not have a fortune, you would have though hundred times before investing in Forex. If you would do agree to invest in Forex, the losing traders will disappoint you. Here is the introduction of Forex bonuses work as a magic. You get to know that you can get bonuses from the market if you are not trading or investing. All you need to do for the brokers is to open your account with them. They will offer you bonuses for depositing and even if you do not deposit, they will also give you no deposit bonuses. You will be offered bonuses even to welcome you in their trading community.

    This gives the illusion to the traders that they can make a fortune with these Forex bonuses. We are going to bust this myth for you and let you know of these bonuses add the advantage in your trading.

    Small profit
    Some of you might get confused about the word small profit. A small profit is nothing but the amount of money which you make by closing your profitable orders early. Let’s give you an example to make it clearer. Let’s say that you have opened a new trade in your Forex trading account. After 30 minutes your trades are running with 20+ pips profit. Your initial profit target for that trade setup was 80 pips but seeing the 20 + pips profit you have closed your trade with a small amount of profit to avoid losing money. But do you really think that the professional traders would have done the same thing in this industry? The expert traders are very good at following their trading rules. Once they have executed their trades they never change their potential stop loss or take profit level. They simply give time to their trade and wait for patiently for the result.

    They are mostly of little amount, almost impossible to withdraw
    Forex bonuses are the very little amount which you should never consider. If you look at the deposit bonus, you will see that you are only being offered dollars in your deposit. Even if you are depositing a good amount of money, the bonus will still be same. These bonuses are also almost impossible to withdraw. They need a lot of work and these bonuses work as a piece of art in your account. You cannot use them in your trading as they are of little monetary value, you also cannot withdraw from your account as they cannot be. These bonuses are also used in the deposit account to increase your account and there is no real benefit of these Forex bonuses. They are only to attract you to trade with the brokers.

    Trading is not about making money with some low-end brokers who are ready to offer you a lucrative bonus. In fact, the majority of the professional broker will never offer you various types of deposit bonuses to their clients. The professional brokerage firm knows very well that the successful traders will look for the premium trading environment. For this reason, they work hard to give them the best possible trading platform so that they can do a perfect analysis of this market. Being a full-time trader you should trade with a reputed broker even though they will not offer you any trading bonus.
     
  2. gowiththeflow

    gowiththeflow Senior Investor

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    Any currency traders looking at crypto currencies like Bitcoin? Now you can trade Bitcoin futures this brings in an even greater degree of volatility and risk!
     

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