Of course there is risk in foreign exchange trading. Every deal involves SOME risk. For one thing, you can never know when there is going to be some sudden event that will affect currency levels. The major example is 9/11! Nobody could have predicted that! But less cataclysmic, though equally unpredictable, events are happening all the time.
There are several ways of reducing your risk and you learn these as you learn the skill of Forex trading. One of the most important is to make sure you set "stop" or "stop-loss" orders and "limit" or "take-profit" orders. Easy-Forex teaches you how to do this in your initial training.
A stop or stop-loss order is placed BELOW the current value of a currency pair (if you're in a long trade). It guards against the value of the currency falling below the specified level.
A limit or take-profit order is placed ABOVE the currency value. It becomes an order to sell if the currency reaches a certain price, meaning you are guaranteed that profit even if it falls again.
As well as teaching you to do this, Easy-Forex also allows you to change your stop and limit orders as often as you like, free of charge. Of course this doesn't mean you can't close your trade manually if you wish.
Along with Easy-Forex's uniquely low minimum trade ($50) and their personal guidance and advice, these features mean your risk with Easy-Forex is minimised. I believe there is no Forex Trading System that gives so much protection from risk as Easy-Forex.
Find out more about Forex trading by visiting http://www.bizwrite.co.uk/Forex/forexindex.html
There are several ways of reducing your risk and you learn these as you learn the skill of Forex trading. One of the most important is to make sure you set "stop" or "stop-loss" orders and "limit" or "take-profit" orders. Easy-Forex teaches you how to do this in your initial training.
A stop or stop-loss order is placed BELOW the current value of a currency pair (if you're in a long trade). It guards against the value of the currency falling below the specified level.
A limit or take-profit order is placed ABOVE the currency value. It becomes an order to sell if the currency reaches a certain price, meaning you are guaranteed that profit even if it falls again.
As well as teaching you to do this, Easy-Forex also allows you to change your stop and limit orders as often as you like, free of charge. Of course this doesn't mean you can't close your trade manually if you wish.
Along with Easy-Forex's uniquely low minimum trade ($50) and their personal guidance and advice, these features mean your risk with Easy-Forex is minimised. I believe there is no Forex Trading System that gives so much protection from risk as Easy-Forex.
Find out more about Forex trading by visiting http://www.bizwrite.co.uk/Forex/forexindex.html
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