Wednesday, January 10, 2007

By avoiding leverage ,does FOREX become totally risk free ? Can i hold any currency for any lenght of time? -

I mean can i hold 1 lot of US dollar for a period of 1 month or so.... If i don depend on leverage and purchase within my means ??? Yes, you can hold it. It isn t risk free. There is the chance that the values will change and you will take a loss when you close out the position. idirs, I do not think so. Without leverage, it will be very difficult to gain a huge profit from Forex. And when you want to gain huge profit, you will need to invest multiple times. The more you invest, the more you win (and the more you lose). In order to make Forex risk free. You should equip yourself with basic analytical skills so that you can make the right decision. Currently, I m following a free 7 days Forex course from a Forex mentor called Greg Morris. I think that the information provided is very useful. So, you might want to attend the free course and enrich your knowledge.

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