1 / 10

Cons of Forex Trading Career

Forex Trading definitely comes with many benefits and lots of money. But its cons that can't be neglected.<br>Check out what disadvantages forex trading brings.<br><br>Presenteed by - iBullCapital

iBullCapital
Download Presentation

Cons of Forex Trading Career

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. CONS OF FOREX TRADING CAREER

  2. FOREX TRADING ForeX trading, is the practice of buying and selling currency values with the aim of making profits..

  3. Often perceived as an easy moneymaking career, forex trading is actually quite difficult, though highly engaging. PLATO

  4. LACK OF TRANSPARENCY COMPLEX PROCESS OF PRICE DETERMINATION Due to the deregulated nature of the forex market dominated by brokers, one actually trades against professionals. A simple solution is to deal only with regulated brokers purview of broker regulators. The market may not be under the control of the regulators, but the activities of brokers are. Most forex trading happens on technical indicators, which is the primary reason for the high volatility in forex markets. Getting the technicals wrong will result in a loss. who fall within

  5. HIGH RISK & LEVERAGE SELF-DIRECTED LEARNING A trader can benefit from leverage, a loss is magnified. Forex trading can easily turn into a loss-making nightmare, unless one has a robust knowledge of leverage, an efficient capital allocation scheme, and strong control over emotions (e.g., the willingness to cut losses short). Forex traders are completely on their own with little or no assistance. Disciplined and continuous self-directed learning is a must throughout the trading career. Most beginners quit during the initial phase, primarily because of losses suffered due to limited forex trading knowledge and improper trading.

  6. HIGH VOLATILITY The 24/7 markets make it difficult to regularly monitor prices and volatility. The best approach is to keep strict stop losses for all forex trades and trade systematically through a well-planned approach.

  7. iBull capital can help you out in every situation of the Forex market. Feel free to request a callback or you can explore the market more by opening the demo account today. https://portal.ibullcapital.com/opendemoaccount

  8. TWITTER FACEBOOK INSTAGRAM iBullCap iBullCap ibullcapital https://ibullcapital.com/

  9. PHONE NUMBER +44 7588767055 EMAIL ADDRESS info@ibullcapital.com

  10. THANK YOU

More Related