Hello, dear readers! Excuse me a week in the absence of air, were things that did not allow me to engage in a blog. Now no distractions. Today, again, make out an interesting topic for all traders! You want to take credit for work on forex? Let us consider this question from all sides, without hiding minuses and not forgetting about the pros! After reading this article, you'll know when you can take the credit and how to do it!
At the outset, let will understand: why do we need a loan for work on forex? Someone will surprise this issue, but many traders are afraid of earning credit like the plague! Just below we know whether this is true. Credit may at times increase the trading deposit, therefore, the potential profit. (More in my previous article, "How much can you earn on forex cruel reality ...?"). This is one way to make earnings more effective simply by increasing the amount of funds in management.
But it is not so simple as it might seem at first glance. Forex credit can result in additional losses that a trader will have to return. If you are in the market for about 3 months, then take the extra money (not only credit) is just silly, because they do not meet people, learn to trade the previous year. But if you earn, you know your advantage and are confident in the future success of your business, you should consider.
For credit in the Forex, I advise traders to comply with these conditions here:
1. The general experience of work in the market for more than 3 years;
2. At least the last year of work goes steadily on the experience accumulated technique without significant changes, you are a profitable trader;
3. You have to manage available funds commensurate with the desired amount of credit;
4. Do you know how you will be given credit, even in case of total loss of funds;
5. Credit for forex is the opportunity to increase the volume of assets and profits from the trade, and not money, covering your losses.
Do not also forget that the money that must be paid are additional psychological burden on the trader. It is known that earnings in the financial markets unstable, everyone should understand how to pay interest on the loan during the drawdown and whether it is a fact reflected in the trade as a whole?
How to take credit for forex?
1. Not a bad option - ask any parent or loved ones to issue the credit, taking the obligation to pay interest on. I think people close would not refuse help. Of course, you have to be doubly sure of success that no one substitute. If you are earning a trader, your relatives have been able to see this, so when a serious approach will succeed. The main thing - to ask for help people with good credit history.
2. Credit card without income verification. These are issued by many banks, it is worth considering, and little known, it is quite possible interest will be significantly lower than in large ones. To obtain these cards usually require two documents. Another advantage is the transfer of funds directly to the trading account, a small commission. Costs very carefully examine the contract, such interest may request that spend a lifetime at the monitor ...
3. Private loans without income verification. Such proposals have studied this question a year and a half ago. Free Classifieds to help you. There are newspapers that appear every morning in every mailbox on the internet resources the whole sea. Asking for more interest - but otherwise will not work without income verification (the first variant is devoid of minus). Everything is made out very quickly, the main thing is not to get to the scam and did not make any advance payments. But there are pluses: it is possible to develop an individual payment schedule that trading is essential. The amounts are small: up to 100 000, but no one bothers to issue 5 pieces if necessary.
4. Sign up as an SP. Registration allows you to become a formal employment, any bank with a national talking much more likely! How to register I said here: "Personal experience. How I became a PI forex? Part 1.". You need to have a positive history with the official profit at least six months, then you can expect a forex loan. Not sure I get tired: he who seeks will always find!
5. Get an online credit. At present, more and more accessible service, much more convenient than usual, as the online loan can be credited to the card or electronic purse, for example, QIWI. Of course, a large amount can not count, but on the other hand favor of almost 100% of the applications, because the money is not great, do not require documents and consider about 15 minutes!
These are some features that will help to take the credit for the Forex, if someone knows other - please leave comments.
I confess myself using credit money. Of the total capital in my management, they account for about 25%. When choosing a loan period realized that the longer, the better. Overpayment percentage would be a little more, but less than the monthly payment. This is my right! Better to take a long-term loan with small monthly payment than the short-term, but with a substantial monthly payments that are in long-term loss you simply can not pay! I figured there must be a reserve. My trading methods allow to earn about 90% per year, loan I pay about 30% per year. Even in bad times (2009 - 25% of profits) losses will be small, easily reduced into a profitable future. That's the math! In order not to lose all the money, even in the case of error or bankruptcy of the broker, I came up with ways to protect that described in this article: "How to make money on Forex? Stop losing !!! ".
Before the registration of the credit for forex trading you need to weigh everything and calculate. Find out the possible risks and clearly define your actions in a difficult situation, you'll need to know how to give money, even in the case of complete discharge depot! Remember that you need to compare mortgage payments and earnings in the forex (including subsidence).
At the end of the post to tell a sad case with my friend, let it serve as a warning to you, dear readers! Andrew (so his name) took courses in a brokerage company, it went well, it turned out to earn. He has decided to increase the money and took the credit - 150 000 rubles. Of course, it began the drawdown, long time. it was impossible to get out of the drawdown, also had to pay the monthly interest on the loan, the money for that he translated from the deposit (the other was not). It was very sad, expense reduced drawdown and payments at the same time! As a result, money is not enough, he transferred all the money to the bank and got a job at the plant, where he worked before ...
I do not want to end this sad story, yet with proper forex loan approach allows to increase profits, so you need to think things through and act!
But it is not so simple as it might seem at first glance. Forex credit can result in additional losses that a trader will have to return. If you are in the market for about 3 months, then take the extra money (not only credit) is just silly, because they do not meet people, learn to trade the previous year. But if you earn, you know your advantage and are confident in the future success of your business, you should consider.
For credit in the Forex, I advise traders to comply with these conditions here:
1. The general experience of work in the market for more than 3 years;
2. At least the last year of work goes steadily on the experience accumulated technique without significant changes, you are a profitable trader;
3. You have to manage available funds commensurate with the desired amount of credit;
4. Do you know how you will be given credit, even in case of total loss of funds;
5. Credit for forex is the opportunity to increase the volume of assets and profits from the trade, and not money, covering your losses.
Do not also forget that the money that must be paid are additional psychological burden on the trader. It is known that earnings in the financial markets unstable, everyone should understand how to pay interest on the loan during the drawdown and whether it is a fact reflected in the trade as a whole?
How to take credit for forex?
1. Not a bad option - ask any parent or loved ones to issue the credit, taking the obligation to pay interest on. I think people close would not refuse help. Of course, you have to be doubly sure of success that no one substitute. If you are earning a trader, your relatives have been able to see this, so when a serious approach will succeed. The main thing - to ask for help people with good credit history.
2. Credit card without income verification. These are issued by many banks, it is worth considering, and little known, it is quite possible interest will be significantly lower than in large ones. To obtain these cards usually require two documents. Another advantage is the transfer of funds directly to the trading account, a small commission. Costs very carefully examine the contract, such interest may request that spend a lifetime at the monitor ...
3. Private loans without income verification. Such proposals have studied this question a year and a half ago. Free Classifieds to help you. There are newspapers that appear every morning in every mailbox on the internet resources the whole sea. Asking for more interest - but otherwise will not work without income verification (the first variant is devoid of minus). Everything is made out very quickly, the main thing is not to get to the scam and did not make any advance payments. But there are pluses: it is possible to develop an individual payment schedule that trading is essential. The amounts are small: up to 100 000, but no one bothers to issue 5 pieces if necessary.
4. Sign up as an SP. Registration allows you to become a formal employment, any bank with a national talking much more likely! How to register I said here: "Personal experience. How I became a PI forex? Part 1.". You need to have a positive history with the official profit at least six months, then you can expect a forex loan. Not sure I get tired: he who seeks will always find!
5. Get an online credit. At present, more and more accessible service, much more convenient than usual, as the online loan can be credited to the card or electronic purse, for example, QIWI. Of course, a large amount can not count, but on the other hand favor of almost 100% of the applications, because the money is not great, do not require documents and consider about 15 minutes!
These are some features that will help to take the credit for the Forex, if someone knows other - please leave comments.
I confess myself using credit money. Of the total capital in my management, they account for about 25%. When choosing a loan period realized that the longer, the better. Overpayment percentage would be a little more, but less than the monthly payment. This is my right! Better to take a long-term loan with small monthly payment than the short-term, but with a substantial monthly payments that are in long-term loss you simply can not pay! I figured there must be a reserve. My trading methods allow to earn about 90% per year, loan I pay about 30% per year. Even in bad times (2009 - 25% of profits) losses will be small, easily reduced into a profitable future. That's the math! In order not to lose all the money, even in the case of error or bankruptcy of the broker, I came up with ways to protect that described in this article: "How to make money on Forex? Stop losing !!! ".
Before the registration of the credit for forex trading you need to weigh everything and calculate. Find out the possible risks and clearly define your actions in a difficult situation, you'll need to know how to give money, even in the case of complete discharge depot! Remember that you need to compare mortgage payments and earnings in the forex (including subsidence).
At the end of the post to tell a sad case with my friend, let it serve as a warning to you, dear readers! Andrew (so his name) took courses in a brokerage company, it went well, it turned out to earn. He has decided to increase the money and took the credit - 150 000 rubles. Of course, it began the drawdown, long time. it was impossible to get out of the drawdown, also had to pay the monthly interest on the loan, the money for that he translated from the deposit (the other was not). It was very sad, expense reduced drawdown and payments at the same time! As a result, money is not enough, he transferred all the money to the bank and got a job at the plant, where he worked before ...
I do not want to end this sad story, yet with proper forex loan approach allows to increase profits, so you need to think things through and act!
