How to make money on Forex

If you are interested in the question "How to make money on Forex» (also called - Forex), then you are right where you want. Next, we describe in detail, actually I get a return on the forex, capitalizing on the changes in the value of currencies in the forex market.
Yes, Forex trading is possible, as evidenced by the statistics concerned in the form of income. For example, the word "forex" in Google Ukraine last month requested more than 18 thousand times. Every year, the percentage of Internet users who have never heard about earnings in the foreign exchange market is approaching to zero.

              Is it possible to earn a newcomer in Forex

If we assume that the core earnings on forex is to buy and sell foreign currency, and to confine it, then hitting the market and having made a few trades can easily squander your deposit and formed the opinion that it is impossible to make money here. This is the prerogative of newcomers who do not have any theoretical and practical skills, perceiving the work on the Forex as a game in the lottery.
In fact, things are not as simple as we would like. Someone receives special education in order to understand this mechanism, someone appeals to professionals to take courses on trading, and it is not a guarantee of obtaining high earnings. Undoubtedly, it is necessary to gain experience trading and constantly improve. But the result is worth it, because there is an opportunity to earn and earn a lot. 

What do I need to earn money
What you need to know the novice to be able to achieve financial success in the Forex market:

   - it is necessary that this niche was earning you a really interesting that there is a desire to make the necessary efforts to achieve their goals;
   - learn the basics, having specialized forex trading courses, conducted by practitioners experts;
   - attending specialized forums, participate in discussions with experienced traders who subscribe to various newsletters, which publish practitioners traders;
   - to make real money to test their skills and apply their knowledge by opening a demo forex account;
   - constantly asking questions and not be afraid to seem "kettle" (after all, a question about your money and no one's the other). 

             How to earn experienced forex traders 

We will not be repeated, and to say how important for the trader's experience. Let's talk about what comes with it, and how it is used by professional players of the currency market.

For a start it is worth noting that successful traders have a number of similar characteristics regardless of whether they speak or what country they live in what language. With them or developing them in the process of improving skills on the way to the study of the question, "How to start making money on the Forex market?", You are getting closer to an effective trade in this market. 

The characteristics of successful traders
The basic characteristics of possessing that experienced forex traders know how to make a lossless, is considered to be the following:

   - impressive theoretical knowledge base on the financial markets;
   - understanding of when it is best to enter the market for high-income (does not make sense to sit 24 hours a day, every day, waiting for a suitable entry point, it suffices to know in exactly which days or hours will be the most attractive market for trading);
   - ability to carry out both technical and fundamental analysis;
   - analytical mind to analyze the tactics used and trade procedures;
   - constant readiness to make decisions;
   - steadiness of character, not prone to indulgence rash gambling decisions. 

What do I need to use in trade
Now let's look at what traders use to identify the optimal time of entry into the market.

Fundamental analysis
It is based on the principle of the collection of statistics that reflect the state of the economies of the countries whose currencies are traded in the Forex market. And it is also important to follow the statements of heads of countries and central banks, and, in general, for economic news.To this applies the concept of "trading on Forex" analysis view. List of the most important and to enter the upcoming economic news with indication of the date of their benefits and accurate time can always be found in the so-called economic calendar. it is very detailed and easy on our website. It is easy to understand how you can earn, tracking and using information from it.

Technical analysis
With technical analysis is based on the currency price movements in different periods of time, as history tends to repeat, it is possible to predict how to behave in a graph of quotations on and play on it.By studying the data in the graphs of exchange rates, it turns out a holistic picture of the analysis, given these axioms, it will be possible to make appropriate forecasts.

Capital controls and time - MONEY MANAGEMENT
It may give the impression that the work on the financial markets - a dull viewing tables in the monitor, waiting for the moment. But it is not so! To really learn how to make money in the Forex market and become a professional, you need to start with education of personal qualities.The market does not live the emotions and the facts, and it is from your psychological state will often depend on the ability to earn here. Money Management - these are the rules and practices adhering to which you achieve the lowest possible risk level and provide itself with the most profitable strategy of earnings. These methods and rules are developed over the years, and some even practiced on their own mistakes and failures.
For the most part, traders make predictions for a few hours or days in advance of price movements, they are not limited only to graphics, and develop their own strategies based on the above analysis.
So, you can earn on FOREX!The main thing - to strive for goals by his companions a professional team.