Most Likely You Lose In Forex Market
Gains based on changes in currencies of different countries often lead to lose money in forex trading. However, because of the extravagant advertisements and unconsciousness, millions of pounds are lost every day.
Today, it is possible to see the advertisements of forex sites becoming legal in our country. Forex sites trying to win members with advertisements in the form of 5,000 pounds in a few days are now legally required to specify the winning-losing number. That’s why there are statistics on winners and losers under ads. The statistics show that the winners have a loss ratio of at most 30 percent. This shows that Forex is not a system that is as easily earned as you might think. Citizens must be aware of this issue, otherwise they should be well aware of the victims.
The real forex system
The point where the profit is obtained in the Forex system is the currency changes of the countries. So you can only double your money then when you see the currencies of a country at the same time. One of the best-known things about someone closely following the world economy is the fluctuations in the money market. Because the currency of any country is not doubled, so you need to know that such phrases in forex sites’ ads are a lie. However, you can win when you trade with very large amounts of money and you are in the right estimates. For example, if there is 5 cents between yesterday’s dollar rate and today’s exchange rate, if you have spent 1000 dollars for this transaction, you will earn 5 cents. I mean, it’s never a matter of doubling a penny. Only experienced and knowledgeable people can make money through the forex system, otherwise losses will always be the case.