One reason why lose money in investing is by not understanding the risk associated with an individual trade. A trader needs first to understand how much money they are willing to risk based on their account size and current financial situation. Forex allows one to customize the risk for an individual investment to where you are trading only a 250 dollar trading account and yet you can still have smaller risk. For example if you were trading the eur/usd in www.interactivebrokers.com which is an online broker you have a 40:1 leverage. If you were trading 10,000 worth of currency you would need a 250 dollar account and that also means that each point of movement would be worth 1 dollar. A normal risk amount would be 10 points or 10 dollars. We would try to risk 10 points to make 2-3 times per trade. There are many opportunities during a 24 hour period where one could take advantage of this price movement. Technical systems are important but discipline and controlling a trader’s emotions are much more.
TIE Institute is one of the few educational companies that are featured at colleges and universities. TIE Institute offers a unique approach to investing as it combines charting, options, futures, and forex into one course because we believe all markets are interrelated and need to be learned in conjunction to garner trading success. TIE Institute will optimize your trading abilities and give you all the tools you need to become financially independent. Our classes are extremely affordable on any budget and our educational counselors can customize a program for you.
We offer practical, real-world trading education around the world. Watch this video to learn about who we are, what we do, and what to expect when becoming a student with the Trading & Investment Educational Institute. More Details :http://www.tieinstitute.com/