Why More Than 90% Of Forex Traders Lose Money Posted By: Cedric Welsch

There are lots of Forex traders out there. However, over 90% of them never become profitable with foreign exchange. In reality, making money with Forex is not as difficult as many investors make it. Here are 3 ways to make it happen.

Be Skeptical Of Forex Robots

Robot Forex trading programs get a lot of hype. While they can make you money, none of them will make you rich-even the best ones. Many investors think they will see returns of 20-30% a year with these robot programs, but these claims are greatly exaggerated. Most likely, you will see returns in the 5-10% range, assuming you pick a quality robot. If you do not, you could lose money.

A good robot will never make as much as a human investor. While many of them will make you money, they will not make you the huge ROI many investors claim. Instead, you want to focus on learning investing yourself if you really want to become profitable.

Consider Fundamental Analysis.

This is a form of investing where you focus on buying currency pairs for the long term.currency exchange trade exchange

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