What is the minimum start up trading capital?
Short answer is $ 2500.00
Forex dealers can set their own minimum account sizes, so you will have to ask the dealer how much money you must put up to begin trading. Most dealers will also require you to have a certain amount of money in your account for each transaction. This security deposit, sometimes called margin, is a percentage of the transaction value and may be different for different currencies.
For taking every trade our system announces you should consider that we may have one open position for each pair at the same time.
Is Forex trading expensive?
No. Most online Forex brokers allow customers to execute margin trades at up to 100:1 leverage. This means that investors can execute trades of $100,000 with an initial margin requirement of $1000. However, it is important to remember that while this type of leverage allows investors to maximize their profit potential, the potential for loss is equally great. A more pragmatic margin trade for someone new to the FX markets would be 20:1 but ultimately depends on the investor's appetite for risk.
What is Margin?
Margin is essentially collateral for a position. It allows traders to take on leveraged positions with a fraction of the equity necessary to fund the trade. In the equity markets, the usual margin allowed is 50% which means an investor has double the buying power.
In the forex market leverage ranges from 1% to 2%, giving investors the high leverage needed to trade actively
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System Objectivity
Signals are generated using by TrdeStation program without any intervention of people. Our system is 100% mechanical. We use the same criteria and parameters to generate signals everyday; there are no subjective criteria involved in the process.
What is the logic of the system?
We follow proprietary algorithm based on price volatility. We take advantage of different pairs volatility using objective and defined entries, exit and stop losses.
Which are the pairs traded by ForexSailorSystem.com?
System trades 3 currency pairs: GBP/USD, GBP/JPY, EUR/JPY.
Do I need to trade all the 3 pairs?
No, System is consistent for each individual pair. You can trade any combination you desire. You can trade just one pair or trade all the 3 pairs as a portfolio.
How many open positions do you hold at the same time?
The system has a maximum of one open position per pair. The three pairs may hold positions at one time.
When are signals sent and how often?
ForexSailorSystem.com signals are placed on the web site and an alert email is sent once a day around 5:00 pm New York time during business week. We only issue new signals at this time, no further intraday instructions are necessary since we indicate entry, exit and stop loss in advance. There is plenty of time for setting your position before system begins trading.
Any broker you recommend?
We don't have affiliations with any broker, we suggest looking at the majors brokers. Funds safety and reliable executions are priorities when choosing a Forex broker. Some of the best brokers are Oanda.com, Forex.com, FXDD.com, TradeStation.com.
How long it takes to get access to the signals?
You have instant access to the signals. After the credit card purchase is approved you are forwarded to a screen to select your username and password.
