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Skills 2 |
You will need funds to trade & you may want to use your business contacts To trade, you will require a sum that you feel at ease trading with and could afford to lose without it ruining your life. Please be aware that it is totally illegal to trade with other peoples money unless you are officially licensed to do so by your government, (FSA in UK & NFA in the USA). Losses will be made from time to time or frequently if you have not applied yourself and this is all part of trading, the aim is to learn strategies that reduce that possibility. Brokers with who you may open a live trading account, will apply different minimum sums to trade, that may be as little as US$500 or less, but do not expect to be ordering a new yacht anytime soon, trading that kind of sum! To
invest in Forex you will need Laws prevent me from giving advice on Forex Investment or Managed Funds. You will have to do your own research and find a broker able to provide Managed Forex systems for you. In general the level of investment will be high to very high for real, legal & legitimate companies and as such this type of investment has generally only been open to richer people and organisations. |
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Activity in this market involves risk : You must be aware of the risks and be willing to accept them - MoneyWorks Risk Disclaimer & Legal Statement |
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