Best way to manage forex accounts | Tips to make most from forex investing

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;}

I am a forex money manager and today I will give some tips that will help you in making best from forex investing. I will give you advice by which you can minimize the risk and increase the probability of getting positive returns from your forex accounts. I will explain the method used by most of the successful forex traders.

First of all, you should never invest your total account balance in one trade. You should only invest a small percentage of total account balance in one trade. This kind of forex investing can save you from heavy losses. Theoretically, 2 percent of the total account balance is the ideal investment for one trade. Some aggressive traders may cross this line but it should never be beyond 6 percent. Probability of loss increases with percentage rise. Small trades are suggested because you can make a opposite trade with bigger investment in case of loss.

You must make use offorex options.

You should take use of limit orders like stop loss in forex trading. These small parameters can result in big differences to your forex account.

First of all before you invest in forex, you should analyze the trend of currency. Trend is your friend which can help you in predicting the currency future.

Many brokers will give you the facility to use leverage. You should use leverage properly.  You should start your first trade with small leverage. Higher leverage should be used only when you see trend in your favour.

If you are new to forex investment then you should do practice on virtual money mode before actual forex trading. This is is a practice environment which uses same real time rates. Here you can polish your skills before actual investment. There are many firms in market which offers virtual money trading or environment. You can implement and observe your own designed strategies in this environment.