Forex is the largest exchange market in the world. Daily volume can easily exceed several billion dollars. It includes the largest financial institutions, banks and the biggest investors in the world, which make huge transactions every single day. Forex raises a great interest among individual investors too. It is not important, what is your education, which social class you represent and how much money do you have. Here everyone can try his hands and achieve success.
Why is the currency market so popular in recent years?
Of course, the potential earnings are the most important factor. Thanks to the leverage, you do not need huge money to control a considerable amount of money. High leverage can mean quick profits or … very quick margin call. What is the cause of failures on the Forex? Why the statement talking about the fact, that only 5% of investors earn, while 95% of traders constantly lose their share?
There are lots of problems, which can be enumerated without end. Bad mental approach to the trading, averaging of losses, unfavorable RR relation and of course inappropriate transaction system.