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Is there a real chance to make millions of dollars on Forex? Yes, but only experienced traders can earn such an income. In the beginning, it took a long time for novice users to figure out where to better direct their capital. At some stage, they feel they can manage larger amounts and then increase their activity which gradually leads to higher profits.

How do I get started?

Every novice trader is interested in the question of increasing his income. The answer may seem simple, because it is important to choose one of the trading strategies and follow it steadily. Apart from that, one needs some trading platform like metatrader 4 or similar. In it it is important to study its functionality and then choose the most suitable trading mode.
It is clear that trading requires some experience, but due diligence, each person can dominate the market and even devise his own unique strategy. Remember that in Forex you need not only knowledge but also a stable nervous system.
The market is constantly fluctuating, sometimes it is difficult to follow the chosen path, and it is not always profitable. That’s why, set realistic goals that you can achieve in the nearest future, for example 20-50% every month. Over a period of only one year, your deposit will grow at least double. There won’t be millions, but the path chosen will prove itself right.
Furthermore, you will need knowledge of the different types of market analysis and the ability to apply them properly. It is also important to analyze your own history of trading over time. What’s more, it is recommended to be self-controlled and disciplined. It takes time to learn all of this, so not everyone reaches the initial goal.

How to get profit?

As first create a training account in the demo version with the amount you are willing to trade. According to the selected broker, the minimum deposit varies from a few cents to hundreds of dollars.
Then you get into the qualifying round, which lasts for days. During this period:
You must get a fixed amount in your account;
requirements for maximum daily withdrawals and losses must be followed;
You must have a minimum number of profitable days.

For rule violations, participation ends early. One has to be the best and fulfill the rules, after that a deal is made with him.
If the selection rules are violated, the trader is removed from the round and buys another selection entry to take part in it.
Having obtained the amount under the contract for management, the trader must again strictly fulfill all the requirements. If the amount is depleted and this falls under the terms of the breach of contract (the first month without losses is possible), the trader to the start of the search.
Usually newcomers to Forex are less active, because they only make a few transactions per month. A large number of novice participants do not want to take high risks in the presence of a weak signal, so they wait a long time for a good time interval to trade.
If you are a beginner in this world, one good way to learn and earn at the same time is to follow someone who is experienced in this field. Do everything like a pro, they carefully choose the best broker, as this affects profits. Don’t forget to install metatrader 4 and learn how to do it.