If you are still wondering how to make a million in a short time and think that this is impossible through legal means, then you should go to the forex brokerage site.
Forex is an international currency market and allows you to develop business ideas . In such a market, one can buy one currency and resell for another. It is also one of the most popular and impressive markets in the world.
The participants in this market are people who usually simply exchange foreign currency for their own currency, or vice versa. Such participants mainly include, for example, multinational corporations, which are obliged to pay wages and cover other costs in this country and resell them in another. But still, an impressive part of the market is reserved for currency speculators, who make a profit as a result of changing the exchange rate charts. Their technique is similar to stock speculators and their earnings depend on the movement of stock prices. This is a great business idea, as speculators-currency traders have a “right moment” in their power, which they can turn in their interests, even from a small fluctuation in a change in the exchange rate, into a good income.
In April 2010, a study was issued from the International Settlement Bank that the average trading volume in the market is more than four trillion dollars and only per day.
The following brokers will help newbies get used to Forex:
FXOpen is renowned for having support from a trading platform called MetaTrader, and trading conditions to suit beginners and pros alike.
EXNESS is also not a bad broker, despite the fact that you can start trading with it from at least $ 100.
AGEA is a popular online broker and can provide an excellent trading program for this market.
How to make a million and trade successfully?
You must follow a few rules:
1. You must correct even the slightest trade-related mistake.
2. Track and limit losses. You can contact Stop Loss for help.
3. Trade only the formation and signals that are clear to yourself. In the absence of conditions, it is better not to join.
4. Enter the market when the benefits are immediately visible, ie. if you can make a short stop.
5. To put up for auction only that which is moving slowly but surely, ie. when the graph has a smooth appearance, without sharp jumps.
6. Always know the reason for each completed transaction.
7. Under no circumstances to recoup as a result of loss and failure.
8. Limit losses in the amount of one and not more than one percent of the transaction deposit, and not exceed three percent per day.
9. Analyze only by volume, excluding the indicator.
10. Always follow these rules and you will get the expected result.
