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How to disperse the deposit?

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A novice trader has more than enough problems, perhaps a lack of funds on a deposit is not the worst thing that can happen. After all, at the beginning of your journey, the risk of losing capital is too great. And by endangering small amounts, you can remain in a comfortable psychological state.

Where to get the money to start making more interesting deals? As practice shows, most of the methods of obtaining funds fall on the real sphere of our life and boil down to:

  • to receive loans;
  • some other loans of a different nature that may carry certain risks.

But why go to such extremes if the problem can be solved without leaving the Internet?

The most significant point is that this tactic is associated with a high degree of risk, but the manifestation of due perseverance and composure will help to achieve the desired result. Therefore, it is important to choose your own approach from a variety of deposit methods.

Main aspects

The deposit of each trader must consist of 2 parts. One of them is free funds, which are less problematic to part with and therefore morally easy.

 

Since a true professional understands that his main task is not to earn, but to preserve the existing capital. If you build your activity in the foreign exchange market in such a way as to optimize losses as much as possible, such a strategy will automatically bring profit – there is no third option. That is why the acceleration of the deposit is a rather risky event, often entailing extremely negative consequences in the form of a complete merger.

How does everything work in practice?

For this purpose, a scalping strategy with an impressive leverage is best suited, in most cases 1:500 is taken. We select a currency pair with an average level of volatility – a classic example is the ubiquitous Euro/Dollar. Since we are trying to break up a Forex deposit from a small amount, let’s imagine that we have $100 in our account. Ideally, if your broker can provide the minimum spread for the selected currency pair.

To open a position, we will stop at the minimum lot (0.2), thanks to which we will be able to earn 2 dollars per point, if, of course, the price moves in the appropriate (favourable) direction.

In order to disperse the deposit, you can use various methods of opening and closing positions, several types of indicators and technical tools, but the main principle of this tactic always remains the same.

Rachel Adams

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