Forex trading is by no means an industry where people are bold and land is productive

old troublemaker in mountain city
山城老刁民

If you want to make money in foreign exchange trading, there is only one way, that is, light positions, light positions again, don't think about any ideas of making huge profits, and treat him as going to work, doing business, starting a company, opening a small shop, and earning reasonable profits. My friend opened a mobile phone store and invested tens of thousands of dollars in the store. The store manager asked for a daily gross profit of 500 yuan. He opened a small store from the initial 50,000 yuan and became worth tens of millions in 10 years. He said that I The requirements for profit are reasonable, stable, and economies of scale. Why do we feel that we have to earn tens of thousands of dollars in a short period of time if we invest hundreds of dollars or thousands of dollars in foreign exchange? This unreasonable idea directly leads to only Short-term trading with heavy positions, liquidation ensues. I hope that novices should pay more attention. Don’t watch other people double their hundreds of dollars in performances, so you have to learn. Novices must start with light warehouse and small orders, and pay less first (losing money is a must for novices) stage), to stable profits, and then to stable big profits (after the funds have been accumulated, the next profit must be the sudden profit from the initial investment).

1,000 US dollars can really make 0.01 lot every day to earn 50 points. If it is 5 yuan, 0.5% a day for 20 days = 100 yuan, and the monthly profit is 10%. If you can persist, it will double in a year. Yes, many people are far-sighted, look down on small money, and always feel that they should place a larger lot to earn more, but they are unwilling to do small things, and they really can’t do big things well. After a year of foreign exchange speculation, what they get is what they want Very different.

I saw a lot of industrial bosses say that those who engage in finance end up miserable, and there are indeed many people who have done very well in the industry, but after engaging in finance, they lose very badly. I analyzed the reason because of the word greed. Everyone in the industry knows that if a business can double or double a year, it is already a very good industry, but once it is in the financial industry, you have to think that you must earn so many times a year, but High profits are bound to be accompanied by high risks, because if you fail to control the risks several times, you will be defeated. If the profit is set lower, the natural risk will be reduced to a very low level. I now think foreign exchange speculation is a very good business. The initial investment is not large. As long as there is a way to control the risk, it is easy to make some money every month, but the effect of compound interest will only appear after a long time.

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Last updated: 09/08/2023 08:48

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