| Forex Trading Course FAQ |
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| Written by Peter Bain | ||
| Tuesday, 29 July 2008 11:03 | ||
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How much profit can actually be made? Of course, results can and do vary among individuals and no guarantees can be made as to profitability. However, let's look at some sample numbers based on averaging just +10 pips a day and each pip having an average value of about $7.50. A beginner working just four days a week and trading just one(1) unit/lot could earn about $300/week or about $1,200/month. A more experienced trader still working four days a week and trading three(3) units/lots could earn about $900/week or about $3,600/month. An advanced trader still working four days a week and trading ten(10) units/lots could earn about $3,000/week or about $12,000/month. Our system aims to achieve on an average of 70 pips per day. Does your Forex system really work? Read our client testimonials. What if I don't have $5,000 of risk capital to open a currency trading account? There are some online brokers that permit new traders to open trading accounts with as low as $1,000, and allow trading with $500 margin. However, you must be even more careful with a smaller account since any loss magnifies reduction of your trading capital and the ability to continue trading your system. That is why most experts recommend that one starts self-trading with at least $5,000. What currency pairs traded do you mostly trade? We believe in specialization so we focus mostly on the Euro/USDollar pair. We find this pair has a very stable pattern and daily range. What's included in your Forex system training course? Does your course assume any prior currency trading knowledge? How long does it take to complete the Forex system course?
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| Last Updated ( Thursday, 16 October 2008 10:40 ) | ||
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