Bases of works at the Forex exchange

For many who thought of beginning to trade in the market of currencies Forex looked quite difficult and unclear process raising a set of the doubts and fears connected with waste and loss of finance. Also many are pushed away also by wrong opinion that to work at Forex it is necessary to possess big information on trade of the exchanges, economy in general, to be informed on work of banks and to have education of the economist.
 Despite it, practical experience differs from expectations as any, irrespective of his education from the level of knowledge can practically become the trader. Initial and main operation with which there begin work all participants of broker space is usual purchase of currency for the purpose of receiving profit on her sale.
 The statistics says that 95% of all beginners on Forex lose the capital and only 5% receive to arrive regularly and steadily. It is connected with lack of experience of trade, haste and greed of new participants.
 To avoid loss of money, to begin work One Forex better with a demo account on which auction is carried out by means of virtual money. Such experience will allow to understand trade elements in the foreign exchange market, to understand psychological aspects of such work, and also to learn to operate competently capital investments.
 Work on a demo account has to be limited no more than 4 months that fear before trade on real money and attempts of trading hasn't appeared haven't turned back loss of the capital.
 Together with work on the virtual account it is necessary to get acquainted with free systems of trade, to compare their efficiency to the progress. As soon as the profit on a demo to the account is stable and regular, it is possible to pass to trade on the special bezdepozitny account which means opening of the account without introduction of own money. For trade the broker gives you money, at the same time you have every chance to earn seed capital for further work.
 When results of such auction became stable, it is possible to begin to work, trading in real money. At the same time it is important not to hurry and to constantly study new systems and information on trade in the market.
 When practical experience is rather big, there will be a good chance to earn on a constant basis, applying the trade strategy created personally. It is always important to define the greatest possible risk of transactions, not to give in to passion, not to trade for broke and to be ready to loss.