How to trade Forex without prior knowledge?
In order to trade profitably in the Forex, you need to have some special knowledge, at least in a small volume. This fact is understood anyone who has ever thought about to start on the foreign exchange market their work. This fact stops many.
Because really, to work profitably in the Forex, you must have a basic knowledge of economics, it is necessary to be able to properly analyze the economic situation, to address emerging economic puzzles and more. Some understand that this is they really can not afford.
What to do in such a situation, especially if you have a desire and a good start-up capital, which, when properly managed, can bring substantial income. In this case, of course, can start their own learning, that is, to spend a few months in order to fully understand the basics and all the wisdom of working on Forex. But there is another, more realistic and much faster method.
This method is called trust management on Forex. The essence of this method is as follows: Are you looking for an experienced trader and conclude a contract with him. Trader for its part undertakes to participate in trading on the market on your behalf using your money. He is an experienced person in this case takes the risks of the operations themselves.
Thanks to his experience, your money should start to bring good dividends. Work, of course, such a person will, for a fee, which immediately must be spelled out in your contract as a fixed amount or a certain percentage of the profits (otherwise then may have all sorts of trouble).
Control of the account on which the money is involved in the bidding, remains entirely up to you. Trader also uses the money only for the purpose of trading in the market.
You can always time, so to speak, out of the game. That is, at any time convenient for you, you can bring everything money from the account, considering that you have already received sufficient income. This type of work at Forex as well as all other also is risky, you may also lose some of their money.
But given the fact that all of your transactions will make an experienced trader, this risk is somewhat reduced, because he is also interested in obtaining the maximum profit, especially if the reward depends on the percentage of the profits.