Having decided to trade in the market Forex independently, you shouldn't hurry to pour in the blood money, to open transactions. For a start it is necessary will get acquainted with the market, the interface of the terminal what Forex the broker to use, understand how you will work, namely long-term transactions or short-term:
- At long-term transactions - the analysis of the market becomes on long intervals, and transactions open with the minimum risks. Thus you will spend a minimum of the time for Forex.
- At short-term trade of the transaction open on small periods, a maximum for 1 day. At the same time it is necessary to watch often the course of the market to stop loss of the capital in case of big changes of the market.
How to trade and how exactly you can learn having read a heap of strategy in a network.
At the choice Forex of the broker it is necessary to be attentive as there are so-called "kitchen brokers" which work only in the profit for the account loss of means of traders. Similar brokers don't output your transactions on interbank level, and retain on the server and schedules in the trade terminal don't correspond to a real condition of the market. Thus all your analyses will turn out not correct and if correct that movement of the market works in the opposite direction. Not to fall into hands of similar swindlers it is necessary to read comments on the chosen brokers in a network, to take an interest about system of work of the broker and licenses – which at everyone respecting himself the companies has to be, at the same time – The more the better!
Having chosen thus the broker, having registered at him on the website, having installed the necessary program – Forex the terminal, open for a demo the account. Thus, you can get acquainted with the terminal interface, try to trade - without risking own capital. Having concluded couple of profitable bargains you shouldn't pass to the real account at once. It is worth testing trade for a demo the account at least one month, at the same time you will understand the market, the movement of the market and in real you will feel him. In case of success you can pass to trade with real money. Before opening of each transaction, the trader has to understand precisely – the place of opening of the transaction, a point of closing and volume of the invested capital.

No comments:
Post a Comment