Dear colleagues!
Since the number of traders on the foreign exchange market is constantly growing, does it mean that there are some advantages to Forex? Of course, yes, they do exist. How much they are significant for a particular person, how far the negative sides of trading outweigh, we will try to find out further.
In any case, if a person does something, then he needs it for something. Agree that on Forex no one would come to work, if I did not see for myself in this sense. It turns out, that nevertheless there are various reasons why from all possible ways of earnings the currency market is chosen. Of course, such reasons may be different, but the typical ones will be noted.
Trading in the international currency market is often associated with freedom:
1. The trader can work for five days a week at any time of the day.
2. There is no working schedule, which the speculator should follow without fail.
3. People are not attached to a particular office or any other premises for this type of activity. Now it is very common to trade through all possible mobile devices.
Would not you like to work only when you want, and without limiting yourself territorially? Even such an idea of what is happening can very much please a huge number of people. In addition, a person can determine the degree of his workload issues, which also gives an opportunity not to overexert himself.How many people, especially those who do not occupy high positions in companies, dream that they would not have a boss. Forex provides such an opportunity to all participants in the trade. The trader himself decides not only when to act, but also what exactly needs to be done.
All responsibility for the decisions made during the trading session remains exclusively on the speculator. No one will order to work on a certain day, will not command what exactly to do in the work. As a rule, newcomers in all this see the dignity of the Forex market.
There are, however, the reverse side of this situation. It is that no one will stand above us, forcing us to act, no one will prompt or give advice. We will have to solve complex issues independently, and even if we find someone who can help us, in case of trouble, losses will be out of our pocket. Not everyone is ready to act independently.
Every employee understands perfectly well that there is a certain ceiling, above which he will not be able to jump anyway. Even if the employer says that there is no limit to the amount of earnings, then he is still cunning. The sales manager, who receives a percentage of the amount sold by him, in any case will not drag the customers forcibly. All he can do is to serve those who come to him in the trading hall qualitatively.
On Forex, earnings can indeed be very significant. Of course, it will depend on several criteria, but they are not limited to anyone from outside. The first thing that is necessary for successful work is the availability of a good trading system. The second thing that a trader will need is capital.
Without over-exaggerated risks, it will not work with a small deposit to make big money. The profit and the size of the capital on a commercial deposit are, as a rule, commensurate. At least, do not differ by orders of magnitude.
And now, a person already knows how to steadily extract profit from the market, earn a certain percentage of his account every month. Ahead everything turns out to be pink, because you can continue working independently, you can start to attract capital from investors, you can go to work for a large bank or fund. It seems that the prospects for Forex are huge, but you only need to reach out to your trader's hands.
However, no one gives guarantees that a person will be able to earn money in the market by his trade. Secondly, there are also no guarantees that even if everything turns out right now in trade, it will not get any worse. After all, the market is changing, it is necessary to take into account the fact that it is not enough for the trader to learn how to work on Forex once, in order to get profit after doing nothing more.
A private trader should continue the process of improving himself constantly, despite the fact that at this time all goes well. This is a reserve for the future, which can be very useful after a while.