Forex investment style for beginners
There is a story that some people have multiplied their assets in the first year of trading with Forex. Not everyone will be successful, but there are quite a few people who have doubled their assets in less than half a year after starting Forex, and who have made hundreds of thousands of yen in a short period of time. Some people are successful even if they are new to foreign exchange, but not all are successful. People who blindly trust the words of various people and blame the other person for failure will not grow and will remain a beginner forever. Let’s extract what is reliable and easy to understand from the stage of FX beginners. If you don’t distract too much, you won’t be confused. If this is your first time, you may be relieved to use a less risky method. Leverage is limited to about 2 to 4 times, and it is a method of aiming for swap points instead of foreign exchange gains. If you put 1 million yen in your account and buy 2 dollar positions, the leverage will be more than 5 times. Swap points are around 300 yen daily. Even if there is a large exchange fluctuation, there will be almost no loss cut. If you are not used to trading yet, you can strengthen the style of getting swap points by increasing long-term foreign currency holdings without having to make frequent transactions. If you feel that you can read ahead, you can increase the leverage and buy in large quantities only then, aiming for a profit margin. Let’s shape the strategy of where to take risks and how much return to aim for. Even beginners are safe if they can protect their principals without taking excessive risks, find opportunities and create a style to bet on them.