HortenseLaurent847
Материал из campus.mephi.ru
It is possible to take up Forex as a full time profession. In fact, it's the only home-based business you can now setup from home with as little as 1500 USD. You'll need USD 500 to set yourself up with a laptop and web connection and 1000 USD to deposit in your forex personal ECN account. In 20 days you'll be generating than USD 200 per day with this particular strategy, but it needs time to work and patience.
Good charting software that comes with the popular MT4 trading platform that nearly every broker offers free plus a trading account may be the only tool one needs. Added to this may be the understanding of trading strategies and risk management and one is set to setup the perfect home based business without any overheads at all.
It is possible to make as much, or very little (whichever way your perception), as 200 USD per day trading forex having a 1000 USD account.
I'll let you in on the little secret forex trading strategy of mine:
Trade a 0.5 percent of the deposit in PIP value. Which means that one pip ought to be equal to 0.5 percent of the deposit. So if your deposit is USD 1000, your exposure per pip ought to be USD 5.
This can give you 160 pips to experience around with. The chances of the market moving 100 pips within the wrong direction are scarce if you have an eye on the screen while the trade is open.
A great strategy provides you with ample warning that the market is likely to move further and you may opt out. I suggest you keep a stop-loss of 120 pips, trust me you won't ever need it if you follow this tactic.
Observe a monthly chart. Mark out the highest point and the lowest point the pair reached during a period of A few months. Observe the most typical price the currency pair kept going back to and draw a line using that point. That is your entry point. Go long with 0.2 lots at that point and go short in the same point with 0.2 lots. Your per-pip value will be USD 2 in each trade.
With 160 pips to experience around along with you do not have to be worried about the margin call. The market will move in both direction and return to exactly the same entry point at some point or the other. You must set up alerts on the MT4 for 10 pips above and 12 pips below the entry price. Once the alert sounds, exit the trade.
When the market moves away either in direction you will still create a profitable trade. It will be a matter of time prior to the market returns to the entry point.
Having a 0.2 lot trade and take profit point at 10 pips, you stand to gain 20 USD per trade. You will get a minimum of 4 opportunities to exchange each day. That will make you USD 80 per day. Having a consistent trading strategy you will make 1600 USD in 20 days. Utilize it to increase your per-pip value.
This really is one strategy that has worked for me over the last 2 years. Why, should it not work for you? The one thing that could be a problem here is that you need patience and also have to stay in front of the terminal every single day. It will also pay if you improve your deposit and reduce your trade percentage. The lower the better because then you'll have more pips to play around with when the market moves against the trade. Remember, the marketplace will return to the entry point, you just have to wait it out without fearing a margin call.
