Great to see you in this article! change means not everything will be fine. change can make something bad or big damage of life. forex is a things that can take you in to water and wind up to death. be serious, because it has option to gamble. if you can follow the rules you may gain something otherwise everything will be negative.
How to start forex business?
Absolutely easy, Only a smartphone is necessary. follow the step below
- Find a broker who will provide you trading account.
- Check your broker deposit & withdrawal method. if not suitable find other broker.
- Use metatrader for best practice. MT4/ MT5 version is best.
- Verify your account using personal documents.
- You are ready to waste or gain money.
Upon sign up to a broker site you will get email including a trading account number, server address & password of the trading account. those information is required to access your account through MT4 or MT5. you will find the app in google play store, apple app store or Windows application from broker website.
What are process to make money?
You have only two job! open chart of any market like GBPUSD, EURUSD etc and analyze the upcoming movements. as soon as you confirm market will move up or down just place a trade BUY or SELL. if market go in your favor you are going to make profit otherwise you lost money from deposited amount. this is a high risk business and fully similar of gambling.
How it impact in lifestyle?
You must not an emotional person! After a certain time you will lost everything. actually gaining is very small or losing is very big. sometimes you will face a lot of problem. hypertension will another part of life. more than 85% trader want to be quick rich by forex business. after sometimes result is fully opposite. you won’t see much time in your hand to do other job. at the end i can say it is not actually a business that will give you a perfect happiness.
What is best part of forex trading?
Forex trading does not have any good part as it risky business. all kind of broker disclaimed already in their website as CFDs trader lost money. also advised to not invest such money that you never want to loss. anyways, let me tell you some good side of this business.
- Instant money making.
- No need depends on someone else to grow your money.
- Quick deposit & withdrawal advantage.
- Best dream of life to make huge money soon although, it is not final.
I don’t know myself if it has a good side better than this. i personally trades for few years and gained very small profit. for new traders i can suggest to take guideline from expert. you will see a lot of telegram channel where free signal available.
NO ONE IS PERFECT IN FOREX BUSINESS. ALWAYS RESEARCH YOURSELF AND PLACE TRADE. DO NOT TAKE ANY SUGGESTION OR ADVICE UNLESS YOU WISH TO WIPE YOUR ACCOUNT BALANCE.
Extra caution:-
- Without document verification you can’t withdraw money.
- There is no refund for lost money in trading.
- A lot of scam/fake broker walking around, carefully check review and decide.
