Friday 29 July 2011

Forex earnings: how much can a trader gain?

Nearly every user is interested in gaining profit in the Internet. Forex market possibilities are considered to be the most real and highly profitable but there are different facts concerning amounts of money earned. Some people say that one can earn 5-10% of the sum invested; others say that you can double your initial account easily. There are also people who say that you can only bear losses on Forex. We can declare with all the responsibility that one can gain any profit on Forex and the sum of money is only dependent on trader’s skills, dedication and Fortune.

How to make money in the Internet? Forex is excellent solution

Popularity of working home and low costs of Internet-providers led to the situation when more people try to make money for living in the Internet. Forex earnings are home made money but at the same time a trader may say that he is working at the world biggest international currency exchange market. There are following advantages of making money on Forex:
  • office independence;
  • self-dependency in making decisions;
  • spare time and flexible schedule;
  • earnings are limited by your desire to work.

Efficiency proven

Many years experienced traders say that it is possible to make money fast on Forex. Moreover, often there are situations when nearly all the traders gain profit. By the way, the first earning may come while searching for these situations.
It is worth mentioning that definition of statements “actual Forex earnings” and “earning potential” have not much in common. The thing is that there are risks just like in any other market and of coarse you have to study them before you start making money in the Internet.
The idea that earnings and risks are linked together and defined by the sum of risk directly proportional to the sum of earnings is not quite right. It is almost impossible to gain profit on such a risky strategies.

Nothing venture

Reasonable risk is necessary, that’s what the game is based on.
Besides that, it is obvious that no one will tell you the winning strategy or an operation for free. Well, you should also doubt experts’ advice too as if one new how to gain profit for sure wouldn’t it make him the richest man on the planet? Besides that, it is not always possible to use someone else’s strategies as your qualities of character: ability to risk, or to bid up or hold positions may not correspond with someone’s rules of gaining profit.

Forex numeric facts

So, if anyone can make money in the Internet, so how much can an average trader earn on Forex? There are about 22 working days in a month. If a trader has at least 1,5% of profit he gets 33% per month from the invested sum. According to this scheme by contribution of $100 he may get the annual income of $400 and that’s 400% profit. If a trader uses this money for further investments his profit increases fantastically, so that $3000 is not the limit for you.