Monday, June 11, 2007
How much profit can i make on a manage forex account?can? -
Does anyone know how much i can make on monthly basis,a manage forex account that has $25,000 in it At the most you would make 75% of whatever the management team claims to have made on your account. If the account made 12% in a month they would credit you with 9% and keep the remainder as their quot;feequot;. The biggest problem is that you have entrusted someone else with the control of your money.....something that I would never recommend. You need to be extremely cautious of managed Forex accounts being advertised at returns of 20%, 30% and 50% per month. Huge returns are always associated with huge risks. I seriously doubt that most of these Forex managers care about the risks nearly as much as you do....after all it is not their money. There is no penalty on them if they lose your money. You should also be aware that there is very little oversight or government regulation on these managed accounts as well. Proceed with caution, unless the $25,000 is not very important to you. Paul When investing in Managed FX Accts., you shouldn’t judge by monthly income. Accts. could have high draw downs with impressive annual returns. I’m currently invested now and if you invested $25k in the same acct. I had a year ago (say May 1, ‘07). Your acct. would have been worth about $40k today. Report Abuse OK trading forex on margin is a very risky and at the same time very profitable investment. with that account and a good management you can make 5-10 thousand usd a month you can even double it in a week but you also have to be prepared for the possibility of losing your account in a matter of one day Jo knows how much you can lose
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment