If we buy a dollar for 115 yen and sell a dollar at 117 yen . It would be gainful.However we may have a reverse case. What if we buy a dollar for 117 yen and get down to 115 yen ? It is obvious that we are losing.

In the case of Individual trader unlike professional trader pressured for quota, they do not need to venture to settle accounts when the exchange rate becomes lower exchange rates for the yen.

You can wait for a while if you think now is a bad time. As the circle for the rate of currency goes up and down, it comes full circle in a few weeks or a few months.If things go well, yen may be up to 120 yen. As just described, individual trader has a good friend such as "time".

In those instances where you must strike a profit by the end of month, or this funds are marriage fund after 2 month. You had better not dabble in FX.

You had better use excess funds which could be fine, even contrary to ones expectations.And you had better use the unscathed amounts even if you are losing Please do not forget. To invest such excess funds is an absolute requirement for FX!

FX is similar to the stock market. However there are 4 big differences between FX and the stock market.

here is no bankruptcy on FX

There is a measure of limitation for the highest and lowest price.

We can trade anytime 24 hours a day.

There is no insider deal on FX.

At any rate,a bookmaker of currency is the state. There are many states being on the brink of bankruptcy. However, there is no country in bankruptcy as a practical matter. If state of the country goes bad, a country's currency declines in value. But it dose not round down to zero.

In the case of major currency, FX trader are using, there is no such examples like it devalue to one third or grow in value to three times. For example, exchange rate for a dollar changes from 160 yen down to 80 yen. It goes up and down in range 100 yen to 125 yen in many cases.

It is also character trait of FX that a market is opened up circled the earth starting from Wellington, Tokyo to London, New York for 24 hours. So you can trade anytime from morning on Monday till early morning on Saturday. It is a charm point of FX as well. It is possible to trade only early morning or midnight for your own convenience. What about insider deal?

The world is your antagonist. So leaking information should be impossible.

Foreign currency deposits, speaking of foreign currency, many people probably deposit foreign currency. Interest rates vary between banks. Interest rates for dollars are about 4% for the year. A charge for service is about 2 yen. So if you deposit ten thousand dollars with 113 yen to the dollar exchange rate and the rate does not change, your account would be 1.500.000 yen and over. The amount increases from 1.130.000 yen to 1.150.000 yen.

However, what if same 1.130.000 yen is used for FX? I will tall about leverage for FX later. If you buy dollars for very conservative method "1 time leverage", you can gain more than 50.000 yen. This money is like interest rate called "swap" If you buy dollars for practical method "3 times leverage". You can gain 160.000 yen.

Charge for service is very cheap. It costs under 1.000 yen for ten thousands dollars. This is an incredible low price compared with foreign currency deposits.

In fact, if I say " I trade FX with 3 times leverage " I would be said "you trade FX in reliable way". Why? I will talk about it later too. It is still a safe way of investing. Even if 113 yen to the dollar exchange rate takes a great dive to 80 yen.

What I would like to make a point here is that you had better trade FX than foreign currency deposits If I mention just only a good point of foreign currency deposits, it is that you can just deposit and leave them. But, depending on rates, it may still be possible to return by weeping one year later.

You can not start FX at the commercial bank; even you are saying "I would like to start FX."The trader handling FX is professionals. By professional trader, there are many kinds of trader on FX, such as a major broker house, national company specialized for FX, and an unknown foreign trader.

Please note that I can not say which trader is good and bad between major and minor trader. It is a smart way to use both major and minor trader for your own trade style. Because there are merits and demerits in both major and minor trader. One thing I can say is that you had better not use trader which solicit FX over the phone saying "FX is absolutely payable!!"

What you really need to do is to figure out the trader using internet with your thoughts. There are many "comparison site for trader" on the internet. These are of some help. And when you find out some trader you are interested, request for documents and fill your information on an application and send it back, if you can find the trader you like. You can start trading in a few days after you transfer your funds to an appointed account. You need to have your own bank account when you gain profits. There is no trader which can pay cash for you.

It is still possible to trade without internet. But, on lined PC is said to be an essential tool in the modern world. A person watching this site should meet all the conditions without any difficulty. Next, it is about funds. It could be difficult if you start very small amount of funds. So you may need funds at least more than 100000 yen.

If possible, 200.000 yen-300.000 yen would be good. Because many FX trader let unit of exchange be units of 10.000 of the base currency.

For example, ten thousands dollars are nearly equivalent to more than a million yen. All of a sudden; it is too dangerous to trade more than a million yen with just only 100.000 yen.

However, dealing "minimum 1.000 currencies" is possible depending on trader.

You could start FX with funds 50.000 yen or 100.000 yen.

The point is that the time you trade. If you have plenty of time, you can trade all the day. If you are very busy, you can trade just 15 or 30 minutes.

In the case of corporate employee, some check a market 20 minutes in the morning and 30 minutes in the night. If you do not want to be rush, you can check a market just once a week. You can trade for your own style. That is a great point for FX!