When investing, the first thing you should keep in mind is diversification. As the saying goes "never put all your eggs in one basket" is highly recommended that the investor divides his capital in equal amounts to be invested in Forex Managed Accounts by different traders.
A total of 4 managed accounts is a good amount to start, but not always available money to do so. Usually, to open a managed account requires a minimum of $ 10.000 or more, however there are cases where the minimum is 500 to $ 5.000. Whatever the situation, it is advisable to invest at least $ 6.000 per account to invest in 3 different currency pairs and use a maximum leverage of 5:1 (equivalent to 3 mini lots of $ 10.000.)
Four Managed Forex Accounts can consistently generate an average of between 4% and 6% monthly interest. If the traders are very good, that figure could rise to 8% or 10% monthly interest. Each trader uses a different strategy of trading, so none will get the same results under the same market conditions. Sometimes one of the accounts will generate negative results will be offset by gains in the other 3 accounts. Diversification of capital can invest as if it were a Hedge Fund. While most managed accounts are used, the lower the risk of loss and profits are more stable over time.
With a total of $ 40.000 is possible to generate a monthly income of $ 2.000. If the investor does not have much money, then you should start with a lower amount and reinvest the profits to exceed that amount.
Happy investing :)
{ 0 comments... read them below or add one }
Post a Comment