| FAQ's |
|
|
|
Using your system, what is the minimum I can start FX trading with?You can start with a trading bank of just £100.00 - But as FX trading is done using leverage I personally recommend a starting bank of £500.00 (minimum). With a 200% leverage factor you would be able to trade at £2 a pip. Antony who produced the DVD started with a bank of £500.00 and by trading at £2 & £3 a pip has increased his bank to a very impressive £1,900.00 after just 4 weeks of trading using my system. He is now confidently trading at £5 a pip and doing very nicely. As your trading bank and trading confidence grow so will your pip price paid. I now after 2 1/2 years confidently trade at £20 a pip. How much money can I make trading FX?Life changing amounts of money on a very regular basis. Can I lose money trading FX?Is the sky blue? Of course! In fact, you can potentially lose all of your money if you do not have a good trading system, understand the emotions of trading and practice practice practice! Is it risky?Trading is extremely risky if you don’t know what you’re doing. Money management, discipline, talent, and a lack of emotion are traits you will want to develop as a forex trader. If you're a novice trader, we recommend that you trade on a demo account until you have shown a profit for at least a month before you start trading with real money. What Is Demo Trading?A demo account looks and acts just like a real trading account except it does not contain any real money. It is set up with “play” money for the purpose of practicing & sharpening your trading skills within real market conditions without risking any of your own real money. We strongly recommend that you trade on a demo account until you have had at least 1 profitable month. This is our way of being responsible to you and it's a crucial part of the learning process. How is Forex trading different from traditional securities and stock trading?Forex trading is a very short-term investment strategy in relation to other investment vehicles. Trades may last from a few minutes to several days, or sometimes a few weeks.. The goal is to increase daily or weekly profits in your forex brokerage account, compared to long-term growth investments like stocks, mutual funds, bonds, or long-term notes that may be redeemed at a future date. Forex traders frequently jump in and out of the market and closely monitor their positions throughout the day. Why does it seem nobody knew much about Forex until recently?Until a few years ago only the “big boys” could play this game. The initial requirement was that you could trade only if you had over ten million dollars. The foreign exchange was originally intended to be used by bankers and multinational corporations. Forex was opened to everyone during the late 90s. It’s the number one market in many different aspects. It is the most liquid, largest and fastest growing financial market in the world. Trading forex attracts many new investors because of its huge leverage and low start-up capital requirement.
|



