About FOREX

• All about FOREX

This site is devoted both to beginners, and the people already having experience of trade in currency market FOREX (FOReign EXchange). If you - the beginning trader it will be useful for you to familiarize with recommendations skilled трейдоров FOREX. If you already have some experience In market FOREX here you will find references to popular books of known authors.

• If you have become interested in concept Forex already know that is a part of the financial market connected with gamble on growth and falling of exchange rates of the largest countries of the world. Any of the speculative markets is to a greater or lesser extent connected with risk of loss of the means, enclosed to receive profit. Market Forex in this sense is one of the most risky, therefore before decision-making on the introduction into game be ready to that any part of means, With which you have allocated for reception of profit can be lost. If you are not ready to lose the means extracted by heavy work, look for yourself for their other way преумножения, for example, the contribution to bank. In this case it will be better, if you will be limited to a first step.

• Be morally ready to possible loss of put means. All participating in gamble in market Forex share on two greater groups depending on that approach to Forex which they profess. The first group - the people wishing quickly to take the maximal profit on enclosed means without essential time, intellectual and financial expenses, And estimating Forex as something similar to game in a roulette in a casino. The second group - the people suitable to Forex as to the serious financial market, Deeply studying the theory and ready to spend it is a lot of time and efforts to learn correct work in this market, and eventually to start to earn essential and, The most important, stable profit. Thus it is necessary to understand, that Forex in this sense it is very flexible and gives a field of action both for those, and for others. The spectrum of possible results is very great. At successful coincidence of circumstances it is possible, not owning even elements of the market to double own capital for 1 day. On the other hand, for large financial institutions in the West comprehensible profitableness in this market is the level 20-60 ANNUAL on the invested capital. These are two poles in possible strategy in this market. The game approach allows to earn quickly lumpsum, but sustains risk of instant loss of all means and has no long prospect. The market approach allows to earn at the certain persistence decent money with limited enough risks. And before entering the market you for itself should define, To what of poles you will be closer during the work.

• Allocate the greatest possible quantity of time for studying the theory before the beginning of practice. It is necessary to allocate also in the life any part of time directly for participation during trade. Quantity of spent time for acquaintance with the current information, Forecasting of the market, the analysis of own results more often in direct ratio received profit. Rash operations seldom enough lead ощутимым to positive results. And even the earned profit at absence of the analysis and системности in work is quickly lost in following transactions. Thus, all again rests during. At the serious approach trade in the market Forex it becomes frequent also the basic trade. From time to time, exclusively at own will, to trade probably or at game " on success ", or by serious and long preparation of each separate operation. Before the introduction into trade it is necessary to be " in the market ", that is to know all last market information, to know the general mood of the market, to lead own as much as possible deep analysis, and after decision-making about Time and endurance for definition of the exact moment of an input in the market is necessary for the transaction. Thus, the serious approach to trade in market Forex assumes an expenditure of huge quantity of time, therefore you should solve, In what degree this work corresponds to already developed schedule and a way of life.

• Define, what is the time from own life you are ready to give for work in market Forex. The major stage before decision-making on the beginning of real game in market Forex is definition of the size of money resources which you are ready to risk for reception of profit. Any speculative market, and market Forex in particular, It is interfaced to risk of loss of the enclosed means. Therefore never put in game of money more, than you are ready to lose. Possible loss from which not застрахованы even professionals, should not become for you a financial trouble. Do not play on extra means or for last means postponed for "rainy day". Market Forex far not that place where it is possible quickly and without problems to increase greatly a seed capital. It or risky game for people, Possessing free money and ready it is painless for itself them to lose, or long and laborious work on purchase of the skills capable in the future to bring the essential income on the invested capital. Therefore be primary you should are morally ready to loss of means and to define that sum of means, Which loss will be rather painless for your budget. Probably, it also will not occur, but to realize such opportunity better in advance, than to receive financial both psychological impact and feeling отчаянья after already it is impossible to correct anything.

• Prepare for the best, assume the worst. After you all the same have made a decision on test of the forces in market Forex, the major stage becomes a choice of the partner or, easier speaking, the broker through whom will pass your operations. Even at brilliant possession of the theory and practice of the market the certain moments in activity of the intermediary between you and the market can reduce " on there is no " all your efforts and even to serve as the reason of losses. Therefore, before to begin trade, It is necessary to spend the certain efforts to a choice of the good partner. For this purpose it is necessary to collect more information on brokers working in the market, on their financial conditions and reputations. Various brokers offer the commissions differing from each other, Spreads, percent and the software for trade. The size of the commission, a spread, speed and convenience of the program, and also quality of the offered information on the market can render huge influence on an end result of your work. However, attractive financial conditions by all means should be combined with good reputation and long for works in the market. Otherwise even the earned means can be for ever lost because of untidiness of the broker that is not for today such a unusual occurrence.

• Choose the broker, as the bride. At a choice of the broker, besides acquaintance with financial operating conditions, it is necessary to familiarize and test by all means the software which becomes the tool for execution of your will in the market. Different brokers offer own programs, Written in different languages and possessing a different degree of speed, reliability, convenience and a various tooling of the analysis. Practically all intermediaries suggest to take advantage of their programs in a demonstration mode, and the some people by means of them And to participate in free-of-charge competitions with monetary prize-winning fund. It is desirable to try for comparison some similar intermediaries on offered conditions. Necessarily spend not less than month for game in a demonstration mode, combining it with studying Theories of the market, опробуя the received knowledge in practice. It will allow you not only to check up quality and convenience of the software, but also to check up more and more time necessity of the introduction into game on real money. Quality of work of the program and the personnel The intermediary in a demonstration mode in many respects speaks about what quality you can receive final service, having opened the real account. Constantly analyze results of own work and quality of service. A unique major condition in a demo-game is that, That with virtual money you should try to address also carefully, as with real. Frequently game in a demonstration mode can force you not only replace the prospective intermediary, but also in general to make a decision on undesirability of your participation in game on The financial markets. Far not each person is capable to work successfully in the financial markets: the lucid mind is necessary for this purpose, endurance, skill to risk still more many other individual qualities.

• Estimate the future partner, and also personal qualities and knowledge in demonstration game. During demonstration trade try to define precisely those tools and information sources which you will use at decision-making on fulfilment of transactions. Also, even prior to the beginning of real trade, it is necessary to define tactics of fulfilment of transactions. As you will often open positions, how much long you will hold the open positions in what the moments will make transactions, as well as in what size you will limit possible losses under the transaction, what part of the capital will use at fulfilment of everyone The separate transaction - all is questions, answers on which will render very essential influence on end results. Besides allocate from huge weight of sources of the information and indicators of the market for itself what, in your opinion, are reliable and correspond to chosen tactics. In language of professionals it refers to as development of own trading system. In fulfilment of financial operations the order and системность is necessarily necessary. The intuition and feeling of the market, indoubtedly, are an important point in decision-making, but they should not be the cores at all The reasons for fulfilment of the transaction. Having developed the certain system of trade, it is necessary to recede from it only in the extremest cases. It is necessary to analyze constantly results of own system, to bring corrective amendments and constantly to improve it. Chaotic trade - a direct way to loss of the enclosed means.

• Develop own system of successful trade and strictly follow it. Having chosen trading strategy and tactics, having developed own trading system, do not wait, that 100 transactions become profitable. Any professional makes both profitable, and unprofitable transactions. It is important, that the quantity and total result of profitable transactions exceeded the same parameters unprofitable. The best professionals approximately only in 70 cases reach positive result under the transaction. The profit earns during the long period of time засчет excess of the size of the total income over losses. Therefore the individual unprofitable transaction should not upset and unsettle you. You only should analyze closely the reasons which have led to losses and to improve own system of trade in due course to achieve stable growth of results.

• Separate failures should not become tragedy. Starting real trade, it is necessary to understand firmly, that game in a demonstration mode or as speak, " on a paper " very essentially differs from real game on "alive" money. The difference is comparable to sensations of the same sportsmen on training and in the world championship. At real game each movement of a rate is expressed in quite concrete sum of your means, and it puts huge psychological pressure upon the person. Even quite successful players at the slightest failure can lose a head and ability to sober thinking and the analysis. But also excessive euphoria from The received prize can play with you a malicious joke.