Friday, 18 November 2011
Foreign Exchange Managed Accounts - The 2 Types of Managed Accounts
Individuals who want to invest in the highly liquid and potentially extremely profitable fx market sometimes resort to fx managed accounts. This is in order to avoid the cumbersome task at the least to these investors of learning the seemingly complicated basics including such terms as indicators, charts, time frames, and other technical details that one needs to know to help achieve investment success.Managed accounts are merely investor accounts used in forex trading that are managed by a professional trader. These accounts are paid for or financed by individual investors. Usually, the results are better than those investments directly done by new or inexperienced investors themselves.
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