[ How Forex Market Puts Traders into Profits? ]
Forex trading is increasingly popular among investors for its easy
operation and low risks. In this paper, WikiFX will explain how the
forex market puts traders into profits from two aspects.To get more news
about WikiFX, you can visit wikifx official website.
1. Risks of the forex market
In the international forex market, the daily volatility of the
exchange rate could range from 0.5% to 1%. In the case of high trading
volumes, the volatility could reach more than 5%. The market involves
risks but also presents opportunities to earn high profits.
The risks, however, could be preset accordingly. For instance, one can
set a stop loss before trading. Once you have lost the predetermined
amount, the stop loss will trigger and automatically close your
position.