I have been reading through a couple of posts and one of the most honest yet brutal is one where a new farer inquires on learning forex and the answer given was that you have to give yourself at least one year to learn forex otherwise, your capital would be wiped out. Very honest, but not the entire story.
Getting a managed account can be one of the best ways to get into forex without having to learn it yourself. I mean, just because you are sick does not mean it is time to enroll in med school, now does it? There are many forex gurus out there (no pun intended)and they have some pretty hefty experience.
Nevertheless, what do you think of having someone else, who has the requisite experience, to manage your account for a small margin of the profits? Does experience = less losses + more profits? What defines an experienced and able account manager? Would you, as an experienced forex trader, manage another persons account with all the attendant risk involved?
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