Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. You can gain experience demo trading free of charge with most brokers.
Most importantly, do not invest money you cannot afford to lose.
All investments have some element of risk, even the safer ones. Investing is not gambling. Do not risk the bread money, even if it pans out, the added stress is not worth the gain.
There is moderate to considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, limited regulatory protection, overbearing regulatory interference and market volatility that may substantially affect the price of a currency or currency pair. Moreover, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your available funds from your account balance. This may work against you as well as for you. The possibility exists that you could sustain a total loss of the initial marginal reserves and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. To manage exposure, employ risk-reducing strategies.”
It’s important to always remember that no matter what the system or the market …
past performance is not necessarily indicative of future results. Generally speaking, the higher the profits, the greater the risks. Expected earnings may not coincide with your expected risk tolerance.
*cftc rule 4.41 – hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
U.S. Government regulations restrict U.S. Citizens from fully utilizing the services of foreign brokers. It is ill-advised for U.S. Citizens to violate the laws of their country. However, there are legal ways to regain your freedom to trade effectively. To find out how, click here.
It is well known that past results are not indicative of future events. This should not be taken as legal advice, only as a suggestion from friends.