If you're planning to venture into the Forex market, we may arise many doubts about what type of account can be opened or in other words how to start your investment. For this reason you must know the difference between driving your own from a company or person you manage your account. This information is explained in the following article.
Know the difference between them will help you determine which one suits you most and meets your needs and time. We begin by explaining what a managed account.
Managed Account means an account opened by an investor, but not handled by the same but delegated the responsibility to someone else, meaning that it is managed by a professional with many years of experience in the market. Managed accounts are also known as managed accounts. In this account, the investor can gain the following benefits, depending on the company or person who will manage:
• Use new technologies to analyze the market.
• Use the leverage of an appropriate and professional.
• Freedom to do other activities and continue with other work.
• We provide monthly reports to investors and access to the account.
• You can withdraw your money whenever you want without penalty, this depends on each company.
• Does not require the investor to be connected 24 hours watching the market.
With a managed account, you must take certain precautions if this is the first time you give your account to give someone the more because they can offer benefits that do not comply after being inexperienced or just mismanaged your account. You should also know what are the strategies and systems used by the administrator before you give your money. In this case it is recommended to investigate the safety of the person or company where you will open a managed account.
In this case, note that you should never put their money in the personal account manager or account of the company that will provide the service. The more you investigate your investment more profitable, as it will have a broad overview of the administrator chooses. Do not trust your money to anyone and not be swayed by promises. In some cases this procedure is considered part of the famous HYIP (High Yield Investment Programs) which are a program high yield investment, which is often considered safe, although many do not.
In a managed account, you can generate consistently averaged between 4% and 6% monthly interest, but this depends on the person administering the account, since it is known managers who can generate more than 6%.
The Managing Your Own Account This account type is easier to explain, means that the investor manages its own capital, ie that operate in the market and no one else does the work for him. In this case the investor must learn on their own all the techniques and procedures to operate in the market, then perform operations on demo accounts to gain experience and finally operate in the market with real money. In this last stage are implemented all the strategies and techniques learned earlier.
In this case the investor should know that:
You must dedicate time to their professional training.
You must dedicate time to operate in the market.
Learn from their own experiences.
You must invest in their education.
In the management of their own, the investor must operate at their own risk. Your earnings can vary according to the way they carry out operations since you can not give an exact percentage of what you would earn if he drove his own. On the other side in this case you are operating your own with their own capital, but under the services of a broker who is responsible for carrying out under the direction of the investor, who made a preliminary analysis. In this type of account you should implement their own strategies and techniques of operation and no one else will speak on them.
Finally do not forget that in either of the two modes of operation that exist, you should research and prepare well to avoid a failure or disappointment.
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- rsi indicator settings
- smoothed moving average calculation
- traders dynamic index metatrader indicator
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Know the difference between them will help you determine which one suits you most and meets your needs and time. We begin by explaining what a managed account.
Managed Account means an account opened by an investor, but not handled by the same but delegated the responsibility to someone else, meaning that it is managed by a professional with many years of experience in the market. Managed accounts are also known as managed accounts. In this account, the investor can gain the following benefits, depending on the company or person who will manage:
• Use new technologies to analyze the market.
• Use the leverage of an appropriate and professional.
• Freedom to do other activities and continue with other work.
• We provide monthly reports to investors and access to the account.
• You can withdraw your money whenever you want without penalty, this depends on each company.
• Does not require the investor to be connected 24 hours watching the market.
With a managed account, you must take certain precautions if this is the first time you give your account to give someone the more because they can offer benefits that do not comply after being inexperienced or just mismanaged your account. You should also know what are the strategies and systems used by the administrator before you give your money. In this case it is recommended to investigate the safety of the person or company where you will open a managed account.
In this case, note that you should never put their money in the personal account manager or account of the company that will provide the service. The more you investigate your investment more profitable, as it will have a broad overview of the administrator chooses. Do not trust your money to anyone and not be swayed by promises. In some cases this procedure is considered part of the famous HYIP (High Yield Investment Programs) which are a program high yield investment, which is often considered safe, although many do not.
In a managed account, you can generate consistently averaged between 4% and 6% monthly interest, but this depends on the person administering the account, since it is known managers who can generate more than 6%.
The Managing Your Own Account This account type is easier to explain, means that the investor manages its own capital, ie that operate in the market and no one else does the work for him. In this case the investor must learn on their own all the techniques and procedures to operate in the market, then perform operations on demo accounts to gain experience and finally operate in the market with real money. In this last stage are implemented all the strategies and techniques learned earlier.
In this case the investor should know that:
You must dedicate time to their professional training.
You must dedicate time to operate in the market.
Learn from their own experiences.
You must invest in their education.
In the management of their own, the investor must operate at their own risk. Your earnings can vary according to the way they carry out operations since you can not give an exact percentage of what you would earn if he drove his own. On the other side in this case you are operating your own with their own capital, but under the services of a broker who is responsible for carrying out under the direction of the investor, who made a preliminary analysis. In this type of account you should implement their own strategies and techniques of operation and no one else will speak on them.
Finally do not forget that in either of the two modes of operation that exist, you should research and prepare well to avoid a failure or disappointment.
related posts
- perky asctrend
- rsi indicator settings
- smoothed moving average calculation
- traders dynamic index metatrader indicator
- vkw bands
Forex is simple follow the trend and you will rich.
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