Business, Investing, Making Money

Forex Volatility: Risks Versus Rewards

FOREX MARKETS Graphic

Most Forex market traders are self-taught/self/trained. The traders who win are those that are capable of executing their trading plans with discipline, and they are either comfortable with the volatility of the currency markets, or they have trained themselves to be able to deal with it.

The theory is, if you can identify volatile movements, even if they are small, and execute trades quickly enough, buying on the lows and selling at higher prices, you stand to make big profits.

When we were conducting research for this post, we were pleasantly surprised by a veteran trader who told us that he was a profitable trader from day one. It turns out he was telling the truth.

Being surprised, we asked him what his profession was before he became a professional trader and trading coach. His answer added to our surprise, when he said- “I was a professional poker player and the runner up in the World Poker Championship.”

Therein lies his success as a Forex trader, because as a poker player he was/is accustomed to taking calculated risks. The secret to trading his style was to take calculated risks in his Forex trading.

For example, if you have identified a trade, and you have placed a trade, don’t place your stops too close to your entry price, because you could get/are likely to get, stopped out.

If you want to win big, weigh the risks versus the rewards, and like the successful poker player, bet big when the odds are in your favor.

What Is Forex & How To Invest In It – https://www.mastersofmoney.com/whatisforexandhowtoinvestinit/



Risk disclosure: *All investments involve risk. Before making any financial or investment decisions, we highly advise that you seek the advice of a properly licensed and trained investment professional.

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About Michael "MJ The Terrible" Johnson

Masters of Money, LLC., was founded by Michael "MJ The Terrible" Johnson, to create and sell how to information, to people looking for ways to make and save money. The goal of Masters of Money: Provide the tools, resources, and strategies, to help anyone who wants to be more successful, create the life of their dreams. Masters of Money's products and services list: Opt in email marketing - Online advertising - Social media marketing - Content creation - Content marketing - Internet marketing - Public relations campaigns - Web design - Direct response marketing - Copywriting - Company and / or product branding campaigns - Fundraising - Lead generation - Company and / or product launches - Business consulting - Partnering for profits campaigns - Blogging - Content library development - Content library maximization marketing - Multi-channel marketing creation and consultation - Ghostwriting - Ebook creation - Company continuity programs - Ezine creation - Ezine marketing - Digital newsletter creation - Digital newsletter marketing - Content trading - Information brokering - Company and / or product endorsements - Guest blogging - Business opportunity offers - Create and sell making and saving money strategies and information Company contact information: Foreign Corporation (LTD) AG. d/b/a Masters of Money, LLC. 3839 McKinney Avenue Suite 155-2281 Dallas, TX 75204 Phone #: (214) 744-3581 Fax #: (214) 599-9192 Email: info@mastersofmoney.com Website: www.mastersofmoney.com Blog: www.mjtheterrible.com
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