Overtrading is one reason people lose money in the foreign exchange market. It occurs because of lack of discipline and appropriate strategies. You have to have great plans and execution of those programs. Otherwise you will keep losing money.
The most important attraction of currency market is it provides you the chance of making huge money. With a computer or Laptop and online connection you can access into the market. And with little money you are able to begin your trading.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.