Profit and income on the forex market
- Analyst AZA
Profit and income in the market and on what its volumes.
The question related to profit is acute. Especially it is relevant for traders of the forex market: the game on the exchange should bring them not only positive emotions but also money. Beginning market traders who learn forex for the first time, are very interested in making a good and stable earning. Modern Internet trading practically does not differ from other business or activity. As for the size of the profit, it is very individual: forex allows you to earn a lot. Everything depends on the player's knowledge and skills, his experience and skills, the level of free funds for investments, leadership qualities and other trading moments - the chosen tool, the trading strategy. If we consider standard calculations, then in reality there are certain market parameters through which the trader's wages are determined. For such mathematical calculations, we can apply several available parameters - the percentage of the deposit and profit. The income (profit) in the forex market depends on the tactics used for trading on the stock exchange, that is, on the strategy variant. There are many strategies on Forex, and everyone can choose the relevant and suitable.
Typically, these are the following options:-long-term tactics of the foreign exchange market. Such strategies give us a chance to earn 3 to 5% a month. This option is focused on the impressive financial capabilities of the player: the more funds invested, the higher the potential profit. The risk level of such strategies is small. The strategy itself is designed for your trader capital. The level of leverage does not go beyond the borders of 1:10.-trade within one day can bring about 10-20% monthly. This option is popular with both beginners and market professionals. This is a good stable profit, while the risks are not too high. A golden mean for many traders. - short-term trading and scalping strategies. Market professionals who successfully apply this aggressive trading style can have a high profit: up to 1000% per month. But the level of risk is also great.
Analyzing the data, and using the numbers, we can assume that a trader who has 1000 dollars at his disposal can earn such income (depending on the type of tactics used):1) for long-term trading - about 50 dollars a month;2) trading within a day - from 100 to 200 dollars;3) trading in aggressive tactics - the potential profit can reach up to 5-10 thousand dollars a month.
Based on the main trading principle in forex trading is conducted by the standard currency, in which, you can either buy or purchase trading instruments. The minimum volume of trade is called the lot. In the market, players can open (or close) transactions with only a fixed number of lots, which are multiples of the minimum. In the foreign exchange market, the size of the lot is expressed in units of the base currency, but brokerage firms put in circulation a mini lot - a lot, which is equal to 10 thousand units of the base currency. That is why, a player with a not very large capital (on average, the amount of funds is equal to 1000 dollars) can quite trade and earn.
When trading, do not forget about knowledge, experience. Go through the training, set goals and priorities and confidently go to them!
Successful work and profitable trading!
Trade within one day can bring about 10-20% monthly. This option is popular with both beginners and market professionals. This is a good stable profit, while the risks are not too high.