FOREX (or FX as a short abbreviation) is a global currency exchange market where foreign currencies from all over the world are bought and sold for profit.
Trading in the Forex market is profitable, but only for 5% out of all beginner traders who start trading Forex. New traders need to learn the basics of trading well, and practice a lot on demo accounts before going real.
The only way to trade with high leverage without risking blowing up an entire account in only 10-15 trades is by trading with a tight stop loss. Trading without stop loss will ?kill? your investment in no time.
A lot of beginners have common problem when trading highly leveraged accounts ? they tend to maximize profits by trading with full capital at once. Do not do that! Maximizing chances for higher profits goes hand in hand with maximizing risks! The size of positions opened must be calculated very accurately so that your entire account will not be wiped out with just one(!) very unfortunate trade.
Although our website will never be capable of outlining the global solution to Forex trading, we hope that strategies found on our web pages will shed a light on Forex strategy "hidden island" and help traders in their Forex researches.
Best of luck in achieving your goals!