subject: Managed Forex Funds - The One Tactic To Profit From Foreign Currency [print this page] Managed forex accounts have been traded for many years. Even as lengthy as currencies themselves. The notion of forex managed accounts is not anything new. They have existed within the areas of stocks, mutual funds, bonds and commodities for decades. In short, they're just investment accounts with lots of benefits.
Nearly 99% of all traders lose money on forex. But this is to be expected, specially when forex brokers are offering leverage of up to 500:1!
The attractions of leverage are several. Lets examine them in some detail now for you. A lot of this info will be new to the novice, so read carefully.. The figures you are able to make with 500:1 leverage are crazy - you may effortlessly turn $1000 into $50,000 in a very short space of time.
I do not feel this is such a unique though procedure to have. But the harsh reality of the matter is that 99% of traders lose out, and resort to opening a managed forex account so that you can make funds on the currency marketplace. But in a similar vein, the leverage may also trigger big challenges for a currency trader.. So, trading EUR/USD, with a 2 pip spread, the trader is already $100 down - or 10% of their account! Then, another 10 pips later, the trader gets a margin call, and their account is already decimated.
And so this is the actual reason why forex investments have turn out to be so popular - the greed of so quite a few traders who believe they can beat the system, to make millions where the masses have failed. To uncover the Holy Grail. But reality sets in after heavy losses, and most move on to invest in a straightforward managed forex account.
The fact of the matter, is that the only sure fire way of making cash inside the forex market is to discover a properly qualified forex money manager, and open a managed forex account. Nowadays, you will discover literally hundreds, if not thousands to select from.
Prior to investing in a managed forex account, do not make the identical mistakes as you did with the initial foray into currency trading, and guarantee that you do your correct study.
Therefore, we can see that trading within the foreign currency arena is fraught with difficulties, and you're much advised to research a well run managed forex account. Better to invest your money with specialists, in a managed forex account.
