Small Capital Forex Trading Success Stories
Forex trading is not about buying and selling and opening foreign currency positions. But how can we condition our passions in the sense of achieving the highest profit in the forex market. Lots of experience trading forex with small capital that ends in profit. As I have felt.
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| Small Capital Forex Trading Success Stories |
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The following is sharing my experience trading micro forex with small capital. First I chose a broker that provides micro accounts. Lots
of them offer micro accounts. But the choice fell on the FBS broker.
Which is a plus so I chose FBS because I can deposit using a
local bank in INDONESIA. Namely BNI, MANDIRI, and BCA.
After I decided to go to FBS, I finally opened a real micro
account with verification using an ID card. The process is very fast,
approximately 1 day is active. But don't know now.
Small Capital Forex Trading Success Stories
The first deposit is $8, - I immediately use it for trading.
After 5 – 10 minutes the capital in the account runs out immediately.
I'm confused why I immediately lost everything. Finally
browsing and finding out about forex trading. After I analyzed it turned out
that the capital I deposited was not large enough. Finally I returned the
deposit with the amount of $50
It turned out to be true, with a deposit of that size it was
the start of profit. I trade after getting home from work 3pm to 8pm. The
average profit is $10 to $75
Advice for you is that the ideal capital is above $50. So
the risk of margin calls is very small.
Forex Trading Success Stories in the World
George Soros
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| George Soros |
People in the trading industry look up to George Soros and
dub him the Greatest Forex Trader of All Time.
George is considered a legend for his iconic feat of
securing over £1 billion profit from his short positions which refers to the
practice of buying low and selling high to profit from changes in the price of
certain assets.
Moreover, George was able to do all of this before the
famous Black Wednesday in September 1992 when the pound sterling currency fell
to a very low value.
Soros is sharp enough to read the situation and make
decisions on his investment. His decision to sell made him a huge profit and
made his name in forex history.
What you can take away from George Soros' success story is
to keep your eyes and ears open at all times and stay abreast of all the
relevant current affairs happening in the countries of the currencies you
trade.
Black Wednesday saw the pound sterling lose to Deutschmark
in a dismal manner which caused many people to lose their money as the pound
sterling fell in value.
Therefore, keeping up with all the relevant happenings
around the world is a must for every forex trader if they want to be successful
one day.
If you do that, who knows maybe the next George Soros will
be you!
So, those were some Success Stories of Small Capital Forex
Trading and also the most successful in the world. So, don't give up on you and
manage your patience.
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