25 May 03:01 AM
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They say a journey of a thousand miles begins with a single step. Well, there are no reasons to contradict that. All Forex beginners should keep this proverb in mind when making their first steps in a rough and highly-competitive trading environment, which is Forex… or any other financial market.
Many beginning traders cannot or just do not want to risk their own money while making their first steps in the Forex environment. Modern broking companies and dealing centers are aware of this fact. That is why almost all of them offer various promos and bonus programs to help beginning traders start trading without risking a penny.
For an ordinary trader forex market seems to be an endlessly big world, which is very difficult to understand. And on the contrary, financial market, formed by large capitals of corporations and banks, find a trader as an endlessly small world, incapable of having impact on market processes. Nevertheless, the two worlds come in contact and interact. Moreover, capitals are formed not only by institutional players, but also investments of average traders, the total of which exceeds the volume of corporative investments. Consequently, the endlessly small world also has considerable “weight” at the market, and it is considered by professionals.