This article is addressed to all those who are earning and living with banknotes other than dollars and are always looking to earn dollars in financial markets. Due to the economic conditions of today’s world and the imposition of the dollar currency on the whole world, it makes sense in each country to create dollar income for yourself with various measures such as exports, investing in foreign markets, trading in financial markets such as Forex and..
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This article examines one of the most popular and lucrative methods used to earn dollars, namely trading, and aims to acquaint you with the ups and downs of this job, and instead of showing in the green garden, the advantages and disadvantages of trading are completely unknown. Side to offer you. We suggest you follow us to the end of this article.
Trading, the hardest way to make dollars!
No, do not be afraid! We did not say this to dissuade you from trading. By simply stating the facts, we want to discourage you from diving into Forex and other financial markets. Trading, like any other job, has official statistics in various fields that are updated every year.
For example, one of the most important statistics is the probability of success in Forex. Write your guess on a piece of paper before reading the following number. More than 90% of people who enter financial markets such as Forex, lose all their capital in the first year! Therefore, the probability of success in this job is less than 10%. I’m sure the guess you made was much more optimistic! Honestly, what business do you know of that barely one in 10 people can make money from? Han ?!
Now that you are probably a little shocked and may have given up trading, we have to tell you that 100% of people who fail in financial markets are due to lack of knowledge and experience. This means that just by looking at the seemingly real statistics of an indicator or expert, they quickly buy it and invest all their capital.
Or even loved ones who, by learning technical analysis and fundamental analysis, think that they have become Allameh Dehr and will be able to replace Warren Buffett in less than a year or two! Every job requires practice and experience under the supervision of a specialist in that job or in other words, internship. Trading is no exception to this rule.
What can we do to earn dollars from Forex?
Well, now that you are familiar with it on the coin, it is time to introduce you to it on the coin as well! Forex trading is really the dream of many people who are looking for financial independence. People who are tired of the same job without excitement and want to experience the taste of excitement and high income together. There is no end to profits in Forex. Each trader, based on his or her merit, withdraws his or her share of the $ 5.3 trillion traded daily in the world.
There are many people who have achieved a continuous profit of 5 to 15 percent per month, on the other hand, there are many people who take 10 to 20 percent of daily profits out of the market. So it all comes down to education, experience.
Steps to prepare to earn dollars from the market
If you really want to make money in the financial markets, follow the steps carefully and patiently, we promise you will be one of the most successful traders in the world:
- Training, training and education! The first and most important step is to be able to learn and practice a successful method like Price Action carefully and patiently. The training lasts at least 2-3 months and the training in the demo account is recommended between 6 months to one year. Click here to learn Price Action Trading.
- Choosing the best broker is like choosing a vehicle to travel. Your destination is financial independence and rich dollar income. Choosing a bad broker is like choosing a used car, which causes you problems every few kilometers and slows you down to reach your destination. But by choosing a good car, you can safely press your foot to the accelerator pedal to your destination. Click here to choose from the best Forex brokers.
- Proper capital management and review of trading portfolio will help you to quickly detect and correct your smallest mistake. You’s your best trading judge, so it’s best to keep track of your actions every day and every week by reporting on your trades.
We hope this brief guide is useful for you to earn dollars from financial markets and see your success in international markets.
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