alshellah blog

Tuesday, October 4, 2011

Using Betting Firms To Trade Forex


Unfortunately there are a few drawbacks as well. The first drawback is that they are not really suited to big-hitters because they often impose a maximum stake per bet. This could be as low as £100 or £200, for example, so they are more suited to those traders who are just starting out.

Another drawback is the main issue that I personally have with these bookmakers, and that's the age old issue of what happens if you are a skilled trader and start winning lots of money off them on a regular basis.


Whilst they will do everything they can to attract new customers, they do not want winning customers. You will find this out for yourself if you start making decent profits. After a while they will eventually reduce the maximum bet size to stop you winning too much money, or they will simply ban you altogether, which is what happened to me in the past with one particular company.

So the point is that whilst speculating on the forex markets using an online bookmaker can be a lot of fun because of the range of different markets that are available to you, you cannot expect to make a full-time income trading this way. If you are consistently profitable, then your account will eventually be limited or closed down altogether. So you are much better off sticking to your favourite forex broker or spread betting company if you want to earn a full-time income from
forex

لو عاوز تحمل الفيلم اضغط على الصورة اللى تحت دى او اضغط على اول موقـع    

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