How do traders make money - A lot of people that are trading foreign exchange are struggling, but their pride keeps them from admitting their problems, and you'll find them posting in online forums or on facebook about how wonderful they are doing when they are struggling just like you. . start small when going live once a trader has done his or her homework, spent time with a practice account and has a trading plan in place, it may be time to go live – that is, start trading with real money at stake. Due to concerns about the safety of deposits and the overall integrity of a broker, forex traders should only open an account with a firm that is a member of the national futures association (nfa) and that is registered with the u. With leverage sounds like a really good time, and it's true that it can increase how easily you can make money, but the thing that is less talked about is it also increases your risk for losses.
Watch our video to find out the basic processes taking place on the foreign exchange market and how you can benefit from them.