One answer is to consider making use DNA Scalper Review of forex options which permit you to buy or sell a particular currency at a fixed rate at some point in the future, regardless of the actual market rate at that time. The beauty of a forex option is that you have the choice of whether or not to buy or sell at the future date specified but, if conditions are not favorable to you at that time, you do not have to complete the purchase or sale.

If this seems complicated then an example should make it clear.In this case you can simply decide not to exercise your option and sell on the open market instead.Now, there is of course a catch because forex options are not free and you will have to pay to purchase an option. The sum that you pay to buy an option is known as the "premium" and this term is very appropriate as it is similar to buying an insurance policy.

If your premium is say $100 then, as long as your prediction is correct and the drop in the value of the Yen is sufficient to leave you more than $100 above the price of selling without an option then you are in profit. If your prediction is wrong and you do not exercise your option then you are out of pocket to the tune of $100.

https://fxstudygroup.net/dna-scalper-review/