Tips for young investors – prudence, good math skills and expertise
As for the investments in international Forex markets, Mihai Nichisoiu recommends investors to consider the record-high volatility of Forex markets.
“Usually, the retail segment is generously given the possibility of Forex trading at a low margin – which means that the tolerance band becomes extremely narrowed. Risk management must be the paramount concern. Any attempt to bet on one scenario or another must rely on calculations on risk management”, the analyst explained.
On the other hand, Iulian Rizea recommends prudence and balance, expertise in financial markets and their shifts, and thorough individual research.
“It is very important to review his risk portfolio (do I afford to lose? If yes, how much? and so on) and especially a trading system. Don’t expect a one-night ‘get rich’ journey through some magical formula. However, it is very important to improve your trading system step-by-step by learning from your previous mistakes”, Deltastock broker recommends.
“Usually, the retail segment is generously given the possibility of Forex trading at a low margin – which means that the tolerance band becomes extremely narrowed. Risk management must be the paramount concern. Any attempt to bet on one scenario or another must rely on calculations on risk management”, the analyst explained.
On the other hand, Iulian Rizea recommends prudence and balance, expertise in financial markets and their shifts, and thorough individual research.
“It is very important to review his risk portfolio (do I afford to lose? If yes, how much? and so on) and especially a trading system. Don’t expect a one-night ‘get rich’ journey through some magical formula. However, it is very important to improve your trading system step-by-step by learning from your previous mistakes”, Deltastock broker recommends.