03.11.2019

Is it worth trading on Forex. Where to start and how to trade on Forex. Excessive trading on forex can be dangerous


Reading time: 15 minutes

Can the foreign exchange market bring the necessary profits? For a long time, people who were heard about the failures of some traders were asked.

To start getting real income, each newcomer needs to learn a lot and diligently. Unfortunately, many perceive the Forex market, as a tool for rapid money and immediately lose their capital.

That is why there is a false opinion about earnings on forex, as an unreliable source of income.

Thus, the question should be asked how to trade on forex with profit, and not to ask, is Forex profitable, or not.

Most traders want to know how to be profitable for forex, is it possible to earn for forex. In this article, we will tell you whether you can really receive regular profit from Forex and CFD trading.

  • First, the trader must create and adjust its trading strategies that would correspond to the individuality of the trader, trade schedule and the appetite for risk.

If blindly pursue profit on forex - this can lead to losses

The problem is that people can be obsessed with profit and the question of how to make money on forex, which, in turn, can lead them to failure.

One of the main obstacles in learning how to earn for forex is the chase for money. There is no doubt that trade on forex can be profitable, but you must be patient and realistic.

A good start - to forget any unrealistic goals and objectives. The answer to the question is whether there is a lot of money from several quick transactions on Forex - it is extremely unlikely.

Too frivolous trade may be the reason that you lose your initial investment.

You do not want to be part of this statistics.

Having established a high price of money, the trader puts himself under strong emotional pressure, which leads to one of the biggest mistakes - reassess its forces.

As an alternative to cash loop, try to focus on learning trading strategies and research on which trading tools are available to you. See what methods are most logical and think about how to use them in the strategy.

In addition, you can explore how markets behave, trade.

You wonder how much this information can help you trade sequentially. Do not stop. Markets are constantly changing, and if you want to match these changes, you must be able to adapt to them.

Is it worth trading on Forex?

As we said earlier - trade in the foreign exchange market is constantly. You will always risk your investments, but you can do it very carefully and with knowledge, and then the market will give you the desired profit on Forex.

In any case, each trader at least once lost its investments. This happens not only from the lack of knowledge or experience. Sometimes professional traders also carry losses, and all because very often they take hasty decisions.

Even if you are not sure about your abilities, do not be afraid to try to make a deal. Of course, for this you need to prepare, but maybe it will be your big breakthrough.

There are many risks in the Forex foreign exchange market, but there is.

How much do Forex traders really earn

We all have heard stories that one child from the middle class family began to trade and made millions on stock market. These stories are inspired, but usually it always happens due to superhuman attention to daily learning and trade, while all the works do not pay off.

Real stories like this, of course, extremely rare.

There is another story. The story of the guy who made millions trading for several days, then lost everything because he was convinced that he found the sacred grail - when in fact he was just lucky at the beginning.

Unfortunately, we cannot hope for good luck. It is important to understand that random events, "luck" are completely unreliable, as an opportunity to receive income on Forex. Without the right shopping principles, it is easy to fail.

Answer the question - what would you do with your own company. When you decide to open the company, you are not just investing in the first idea that came to your mind, right?

You are considering various options because you know that only fools are easily parted with money.

After you start to manage your business, you probably do not just swim downstream. For your company to work correctly, you need to plan, set goals, track progress and compile budgets.

The same principles are applied in trade. As with the fulfillment of your life goals, the achievement of your profit goals for Forex requires you certain efforts, concentration and determination.

When you are looking for Google something like "how much traders for Forex", you can stumble upon some statements about income on Forex people earning millions per hour.

Do not forget that in every story that seems too good, usually there is a catch
This story you hear about the guy with Wall Street, making 10 million dollars a year, may be true. But in history may not say that he manages billions of dollars.

These 10 million US dollars make up less than one percent of total amounthe controls. Compared with a score of 1000 dollars, such a forex profit is only 10 US dollars a year!

Most of the stories silent this fact - sometimes deliberately - so ordinary people get an improper representation.

The actual results of this scale are very rare. If you doubt the rarity of successful large-scale transactions on Wall Street, ask yourself how many times have you seen how a trader on Wall Street publicly demonstrates its results?

Of course, there are exceptions, but 90 percent of big fish will not share because they are not traded at this level.

Let's go back to real numbers - how to make money on forex

There are many traders who believe that the combination of proper capital management and faithful strategy will help make money ... and some of them do.

But most can incur significant losses, because they have no sufficient initial capital, which can be used to open a new position in case of a loss. For most professional traders, the middle monthly income of Forex is from 1 to 10 percent per month.

Remember: You will not receive profits from investments, if you do not apply sufficient efforts to and study the methods of using analytics and, which also use professional traders.

Is it possible to earn for forex - invest with the mind

Work in any business requires. Before starting work, at least in general, learn about this kind of activity and start only with a clear understanding of what you do.

If you feel success, boldly move this line and start: gain experience, improve and get revenues.

Never invest all your savings in Forex. Since this trade is very risky, you can lose everything. Invest in operation with currency can make up a maximum of 20% of your income.

Excessive trading on forex can be dangerous

Excessive trading activity is usually caused by incorrect thinking, as described above, it leads to the fact that the trader begins to invent trading opportunities, where they are not, but he wants to believe in it .. Traders cannot realize this, and it is here that there is a deception.

There are two types of excessive trading activities - to trade too often or trading too much. Both are known, not what is necessary for successful work on Forex.

The bottom line is that the trader does not need to do a lot of transactions, it is enough to make the right. By the time you proceed to trade on a real account, you should have a strategy using you will open deals.

There is no unified win-win strategy for forex, the most best strategy - The one that is suitable for you. Just follow your own strategy, and do not chase for profitable forex strategies that may not work for you.

Forex brokers offer a significant leverage on their

It was originally offered to give traders the opportunity to receive a big profit from small investmentThereby allowing more people to see prospects in trading.

The trick is that those transactions that are profitable enough to cover losses and profit. Keep in mind that the question is not that it is profitable to trade, this is a common phenomenon for long-term traders who hold trend.

A lot of resistance is required to allow definitions in making solutions (if this allows your strategy) and close the unprofitable transaction in time.

Conversely, in order to trust yourself, and not close the winning trade, it takes too much strength. You need to be patient.

Is it possible to earn for forex - be arranged

Much said about trade discipline, but very little about organized. It all starts with your trading routine.

You need a clear plan that will cover most of your trading activities and will help you reduce the accident factor to an absolute minimum.

Many novice traders develop negative trading habits. For example, they overtrade once, lucky, continue and ultimately it leads to a loss of a trading account.

As soon as such a trader receives a profit once, they strengthen the negative trading habit, which turns out to be almost impossible. How can this person now trade carefully, knowing how much can you get due to luck?

Strengthening proper trading habits is an answer, how to be profitable, how to make money on Forex.

Below is a list of tips that can help you:

  1. Goals should be realistic.
  2. Select the trading strategy that suits you.
  3. Make sure that there are strict criteria for input and exit from the position.
  4. Test strategy until you start to trust it.
  5. Stick up this strategy.
  6. Take trading a certain amount of time.
  7. Record everything to analyze your transactions.
  8. Rate all long-term progress, and not short-term success or failure.
  9. Use a multifunctional trading platform to improve your trading solutions.

Forex Trading Strategy Choice

In order to trade on Forex with a profit, you need to decide on the nature of your work. This will help the trading strategy that will need to be chosen for itself.

There are many different strategies, and you can use any of them in your own interests. You can choose one for your work, or work with several in different deals. This entirely depends on you and your goals for trading in the foreign exchange market.

It is necessary to work in the Forex market very carefully, and must be observed: the trading strategy will help you significantly.

Basically, such strategies are automated and you just need to follow the instructions. This will help you avoid the adoption of spontaneous solutions and remove emotions from work.

First, try your strategy on the demo account: so you can understand in practice how it works and how good it is for you.

that option will suit any newcomer, because in the theory everything can be much more difficult than it actually and you can easily learn to make a profit on Forex.

How to get profit from forex trading?

To begin with, let's figure it out where, in principle, the profit from trading on Forex is taken. Every day, various events occur in the world that affect the economy of different countries.

As a result, the cost of currencies of these countries is changing - grows or falls. Thousands of traders buy a currency at one price and sell it to another, higher.

The difference between these prices and is the income of the trader.

The principle of buying and selling currency does not change on what currency market you work: there are many of them, but Forex remains the largest due to its popularity.

Naturally, profitable trading on Forex is not the easiest lesson. Otherwise, every person in this world would earn only on it. The thing is that many novice traders finish their career, in fact, without starting it.

They throw all their funds in the first transactions, but the lack of experience and knowledge makes itself felt.

To do not happen to you, let's figure it out how you can get profit in forex trading.

How to make a profit on Forex?

Here we will look at the basic aspects of the work in the foreign exchange market, such as the risk management and psychological balance of the trader.

Remember it's not step-by-step instruction upon receipt of profit on forex, but only that you can use in your work.

These knowledge will not just come in handy to you, they are mandatory for each trader, so let's designate the most important nuances of profitable trading for Forex.

How to make a forex - always install stop loss

This rule is one of the most important trader in the work.

With this tool you can set the maximum price at which you get the biggest profit. The transaction closes automatically, because the system itself calculates when it is better to sell this currency.

All you need to do is set the level of Stop Loss and engage in other transactions, because the sale of the currency will be held at the most favorable moment of market fluctuations.

If you prefer to constantly monitor the promotion of the transaction and decide on yourself when it is better to sell sale, you can not set this parameter.

It happens that the market is moving very chaotically, which means that you yourself follow the races of prices. However, sometimes your emotions can take the top and you will take a spontaneous solution, and this may entail not the best consequences.

How to make money on forex - do not give in to emotions

Now such a rule looks obvious, but many traders often forget about him.

Some of them think that the Forex market is a kind of card game. Never perceive it so, because trade in the foreign exchange market is a completely independent profession. In addition, if "" for forex, then nothing good will be released.

Most likely, you are to agree to emotions, you will make transactions thoughtlessly and lose your investment. To make a profit on forex, just follow the selected trading strategy and step by step, it will bring you to profit.

If you feel too excited, depressed or upset, it is better to postpone the start of trading. No deal is worth losing it due to psychological instability.

Try to put myself in order, walk at least 20 minutes away from affairs, drink cold water and only then analyze the market and make deals.

Results: Is it possible to earn for forex

It is impossible to definitely answer the question "How to make a profit on Forex?". Each trader receives its income after hard work and regular studies. He is gaining experience, develops its own strategy and only after that it can count on a stable salary on currency trading.

Many novice traders use the services of any provider signals, but this is a profit that they can get very quickly and can hardly repeat again.

In addition, this method of trading on Forex is also very risky. If we talk about the transactions that the experienced trader makes, then their quantity should be considerable. At the same time, winning transactions quantify must prevail over losing.

In touch with you, as always, Dmitry Smirnov, the author of the blog, and in this article I want to tell you about whether it is worth starting trading on the world foreign exchange market forex and how to trade on Forex is easy and simple.

Where to start and how to trade on forex

Forex with great pleasure and hope wants to introduce your principles, theory and attitude to work on currency exchange Forex. Recently, it feels a big pressure from the side of the Dingle Centers in attracting new players to the currency exchange in particular, as well as disappointment and departure from the work of many novice traders. This disbelief in its own success begins after several failures or even large failures. Mass failures in beginners give rise to rumors about hopelessness of anything, therefore, skepticism and disappointment occur in the Forex market in fairly wide circles. But everything is right, work on forex is far from a wide range of people. It is a serious painstaking work, designed for considerable earnings. And just a game of interest, without experience, knowledge, trust, first of all, never brought some profits to yourself and some profit. An open possibility is absolutely for everyone to play the Forex currency exchange formed a relation to this market. Now it concerns our RTS and MICEX trading platforms.

Let's say for those who do not know that the absolute majority of players in the Forex market are losing their invested money. It is precisely by their fault. It does not mean even what they want to slip on "maybe". Before working on a real account, we must take into account the mass of factors and provisions (not even difficult), theoretically available and novice traders. It is before work in a real account. Believe me, when playing on a demo account, the meaning in applying any theory, gaining experience is negligible. Forex to a greater extent psychological game, and psychology on the demo account is completely absent. The fact is a fact: the demo account does not add. Although, where and which buttons you need to click it is better to find out exactly on it.

Our advice to people who want to start working on the Forex currency exchange:

1) Understand the surface essence of the Forex Stock Exchange, try on a demo account and decide: Do you like it and to what extent, appreciate your intellectual abilities regarding the analysis of price movement. 2) Decide how long you intend to do this and how much time spend during the day or week. 3) Based on the items above, understand how seriously you want to work on Forex relative to other things. 4) Decide how ready you are ready for financial losses for the sake of the game, for the sake of experience (and to what). Or you firmly intend to receive stable profits and are confident in your abilities. 5) What and how many tools will be used. 1, 2 currency pairs. Check graphics currency pool You will use additionally for analysis (if you). 6) Work out clear criteria for entry and exit from the market. Graph analysis parameters. An approximate period of opening position (from 0.5 to several days). 7) General principle It is clear: As a result, you should have a clear system of work, with clear parameters for making a decision on buying or selling, which you should not violate. The resulting trading system needs to be carefully checked in different situations On historical data, and only then to implement.

One pair to start

Select only one currency pair to work, the maximum of two, for temporary switching to another. Make action only with it, but for making a decision you can analyze other graphs of basic currency pairs. I explain: The purpose of your game system on the Forex Exchange should not strive to earn more capital for a minimum of time and, accordingly, the opening of a larger number of positions. The goal is to work out the greatest reliability of profits on a separate deal, the path of the suspension, and the amount of profit will be increased by only the number of lots on the transaction subsequently. Playing several pairs and opening a lot of positions, you mislead yourself and your budget. In other words: one currency pair is quite enough for the organization of a good trading system, reducing the number of rates, you increase their reliability, reducing the number of graphs, you increase the quality of the analysis of one schedule. It is clear that all currency pairs are interconnected, but believe me, reliable system This is not realized, sooner or later you are waiting for a large, great disappointment. For insurance of their transactions, transactions on other currency pairs must have enormous experience, time and money.

What is complex Forex exchange and how to trade on forex

Using technical analysis When deciding, it is possible to interpret the schedule completely differently (not in all cases). Rather, different traders at one time estimate the situation is not definitely. Those. Analysis is B. more than The art than science, as a result, the decision of the trader depends on his experience, knowledge and personal qualities. From the point of view of the author's author, at any time the market movement is predetermined to a certain level, and it can be determined. Only in one case it is not very difficult to do it, in the other very, in the third - the situation of the twofold (incomprehensible) - it will not even understand whether the price is reached by any nearest level. In this case, a long-term minor oscillation is formed - as a result, everything becomes clear or again nothing in the global sense. But about the nearest levels can already be understood. As a rule, in anyone from all sides, it is not a clear situation, the price will go to a certain level in one direction, after - unfold and move to another - already stronger. This oscillation occurs due to non-social assessment of the situation. Always: the decision on the flow of price should be based on the cost of one of the 2-levels. Before entering the market, determine the two levels on a four-hour or daily chart - the upper and lower, the price should be rushed to one of these levels. For a less experienced trader, it is not difficult to do this. Then see how the price moves to one of these price levels: fuses or accelerates when passing equal periods of time (check it on different graphs), the nature of the graph form when moving (whether it is confused or clearly goes to the target), see how long This movement occurs and how much it remains to the selected price level. Match all the data and may be clear that when the level is reached or breaks, there will be exactly the return movement, or without correction, the price will definitely not be able to achieve a level (if it reaches it at all), or rejected now in the opposite direction, the price will definitely return to the current position, Or the price exactly reaches the goal.

Remember three things:

1. The price will always go there, where it is easier for her (freely on schedule). Determining, much more easier, you need to compare 2 important levels, and not at all, as well as have a lot of experience.
2. Remember, playing on the stock exchange, people compete with each other, and so it turns out that the market when moving knocks out of the game as more peopleTherefore, analyze the situation on the chart that occurred a little earlier than the present moment, i.e. Find out where the price had to go at an early moment. Then look at the character of the graph after that time and draw conclusions.
3. The right games of the game on the Forex stock exchange are very much, and they can all bring stable profits. You need to develop and play on the system that you can implement and not violate.
Do not take money in time to play on the stock exchange, even without percent. Do not bet in fear before loss. Forex - psychological game. Clean the mathematical expectation in your system game, understand: if it is negative, you can win at least a year, but then you will inevitably find yourself "on zero." Most fast way Lose everything - disrupt your own game system.

Choosing broker

When choosing an intermediary between you and access to the Forex Exchange, pay attention to how it is an intermediary. Not a quality site, bad design, no real office in large city, the lack of round-the-clock technical support, not clear the commission for the removal and replenishment of the account, as well as any other fees, talk about the weakness and unscrupiance of the company. Some miniature firms work on the affiliate program and do not respond at all. But others meet, who, to put it mildly, do not honestly lead the business, will not let you work normally and earn. I do not know how many such organizations, but they are.

Now you know how to trade on Forex! Good luck! Better try yourself in binary options,

"Demotivator for Romantics" - Is it worth trading on Forex?

24 comments on "" "Demotivator for Romantics" - Is it worth trading on Forex? ""

    It is necessary to learn, then everything in trading will work out. Forex is not a game, but serious work.

    SPACIBO CERGEU! YDACHI VAM!

    Good day! Sergey and all subscribers of this site congratulations on the upcoming holidays !!!

    Now a few thoughts regarding this topic. Really Forex is not a game, but permanent labor. Many people who came to Forex and think that it is easy to make money on it. But it is not. It is necessary that the time passed that a person would begin to understand the Forex market and began to earn. It is necessary to develop their own strategy of trade, have an excerpt and be prepared as a profit and losses. And then this work becomes not like the very concept of "work", but as a passion, which brings joy to life and besides the material benefit.

    In addition, the Forex market itself does not stand still. In my own experience I know that a few years ago the market was more predictable than now. Many may feel it, but do not speak in rumor. I think this is due to the fact that lately Trade in the Forex market in addition to demand and suggestions are subject to interference from outside by some forces. After all, no wonder not so long ago, frauds were discovered among large banks regarding the establishment of currency exchange rates. Therefore, this factor must also be taken into account and if necessary, then change its strategy in the forex market for adaptation to new conditions. After all, we see that last year The world began to change dramatically.

    I would like to hear the opinions of others regarding the fact that the Forex market has recently become more unpredictable than it was 5 - 2 years ago.

    Konstantin, thanks for the extensive comment. I also noticed that the market was less predictable and projected than 2 - 5 - 7 years ago. Many approaches and strategies that worked 2 - 5 - 7 years ago (and worked fine!) Now they do not work! Constantly to have something to change, refuse non-working tactics, look for something new and "twist" your strategies. The most unpleasant thing is that if some approach ceases to work, then time and money takes out to understand this! But these are the realities - everything flows everything changes ... And we have to take new rules of the game and adjust to them.

    Sergey, thanks for his opinion on more and more unpredictability of the market lately. I was very interested to know your opinion on this topic.

    Konstantin, I do not know how to you, but it seems to me that every year everything is more complicated and more difficult to earn the forex.

    While weekend went, returned mentally to Article Sergey. It seems that the question affected in it is one of the most serious associated forex. Sergey in the title asks whether it is worth selling the Forex market. Often asked himself this question and only recently came to the conclusion that yes, it is worth (and then the word "seems" πŸ™‚). But this concerns only me, each person will have their own answer for himself - yes or not. After all, a lot of time leaves for training, the acquisition of experience and it should be compensated and material and morally (in the form of pleasure from the process itself and from the realization that you can do something, since it turns out! πŸ™‚). That's my opinion.

    Regarding the unpredictability of the market. It seems to me that the market was and is equally poorly predicted. At least me. πŸ™‚ For myself, I found a way out in reducing the time to hold the position. Then the market, as a rule, does not have time to spoil me mood πŸ™‚

    Vitaly, thank you for an excellent comment! I really liked your thoughts about it is worth trading or not.

    And at the expense of reducing the time to hold the position and time in the market - an excellent idea!

    And I agree with Vitaly about the unpredictability of the market. He was, there will be unpredictable. Well, yes, if more precisely, poorly predict. Just he changed. Get used to something, and it's time - and does not work! And conversations went - the market was worse ... Is it worth trading? Well, probably in Forex, as in any business: who succeeds, he says, who does not work, says all this nonsense ...

    Yes, indeed, until you try, you will not understand yours or not. And if you get hooked and stay, you will gnaw, climb and rest to the result!

    Good day! He read the article Sergey and honestly firmly thought, and whether forex is really for me. And that's what I think about this.

    In -per, I do not really agree with the fact that Forex such galleys. Let's compare with the most common "ordinary" work - sales manager. If you trade in the foreign exchange market, in the overwhelming majority you are sitting at home, in front of your computer. You do not need to be undermined at 6-7-8 in the morning and urgently run to work, because for the lateness of you, at best, scores the immediate boss, and at worst - will remove the penalty for 5 minutes late.

    There are no such problems on the Forex - you are the trades when you think about, and if you are late - that for God's sake! Missed movement, if you certainly do not try to jump into the outgoing train, does not mean a loss, it means that you though not earned, but you did not lose.

    If you are a sales and you have broken a deal, the larger deal, you risk seriously losing in your salary. Especially since the trend is now not to pay sales managers at all, but keep them on a percentage of its sales. There is a difference with forex where no one is obliged to pay anything in this way leveled completely. Even more than if on Forex, you traded your money to your profit from the transaction all your deduction commission. If you are a manager, then from profit on your deal you get 20% at best, the rest takes the employer.

    Further. On Forex you do not have the boss, who is trying to build you, there are no "benevolent" colleagues who are trying to hang you, well, of course, if you keep MM, then no one can dismiss you - while your deposit is relatively whole - you work. Sales can be fired at any time by weight of the reasons. Reducing due to the crisis, non-fulfillment of the sales plan, just did not come out)) and these are only the main causes of dismissal.

    True, it should be noted that the responsibility for any of his actions on Forex lies entirely and completely on the trader, and so that you then did not say, you will be guilty in all what happened and you are. And not a market or broker (although the broker of course can also put a pig, but 99% of all losses are still a consequence of the actions of the trader and a broker). Manipulations from the broker also play their role, but it is necessary to be honest in front of them - the choice good broker For Forex, it is also entirely the choice and the responsibility of the trader, moreover, as I understand, (alas, late) that this is the first and most importantly. What any trader should do, at the beginning of your career. Of course, there is a large underwater stone - a person who heard the first time for Forex, it will be very difficult to make the right choice due to the fact that he still does not know what he needs. But agree, changing the broker is much easier than the usual job.

    Secondly, about the routine. I would not say that I would look at 5-6 currency pairs (well, even even all 50), whether there are signals on these couples on your trading system, to write a trading plan, and then put the results of the trad in the trading diary much more difficult than to spend Make an average of 200-300 phone calls per day (it is so much a novice sales manager for them should be made, write a bunch of applications and reports and make a tuev whatever necessary and not very work that all around-accounting. The bosses, the authorities of your authorities, customers, production, etc. This is taking into account the fact that this work needs to be done every day, but you can trade on Forex, and it is not even necessary every day!

    So, it seems to me if a person is configured to work on Forex, and not to play, systemally earn from his deposit 5-10% per month, and not earn money for a month 100500%, and learns, learns and still learns to manage their emotions, work by trader for forex, in my opinion best workwhich can be found in our crazy but such a beautiful world!

    P.S and yes, I am a romantic)

    P.P.S. But is it a romantic can not be at the same time that he is a romantic, also pragmatist?

    5 points for the comment! Alexander, I am also a romantic pragmatik. Otherwise, probably not to stick out more than 10 years on Forex. Somehow decided to try myself an employee for hiring. And even on a leadership position, and even on the state service. More than 3 months did not hold out! All my life was a businessman, and here something damn the benefit of the motherland bring. Could not! Love for freedom, initiative and sense of justice. And this is how it turned out to be no one! Plus, as a person, not quite poor, I didn't want to steal, but honestly did not give money. I spat on this experiment and returned back to Forex.

    I join the call of Sergey with all the limbs - I must say decisive no scam on Forex! The trader bread is too heavy and plentifully politted, especially when you are new to Forex, and there are still active "helpers" in the form of any unscrupulous DC flocks go!

    Trade certainly stands, but only after a certain experience! I repeat once again only after a certain experience !!! Trading on forex is like riding behind the wheel. When you are still green, then, accordingly, as a monkey with a grenade :) But when you get experience, you can already ride the waves and earn decently. I have something to compare with, as the trading itself is more than 4 years old and when I started, I heard a lot about anything ... But I am supervised and I love to seek the goal and it always helped me! But confidence came to me for only a couple of years, after the start and this process is different.

    Radik, I agree with you to become a master of your business and we need to succeed hard and long work.

    Balls Unfortunately (or happiness) there is no anywhere. πŸ™‚

    Sergey, thanks for the warning!

    I join the pluses of Forex mentioned in the article and in the comments. These advantages are more important for me (for example, freedom). But it really needs to be earned by work - as much as possible to know the essences of the market (quotes, spreads, brokers, tools, history, news and much more).

    I will add about the increase in the "unpredictability" of the market. Yes, the market is regularly complicated, and, gradually, and sometimes, jumps. In this century, fundamental changes occurred in the technical side of the stock exchanges. I remember the story of one of the Brokers of the United States: "I see the price, click buy, and when buying the price is already different." This is about the time when the race for Millisicunds began to access the main computers of the exchange in 2000x. Now this seems to no longer, but since then, trading robots have been firmly based on the work of the exchange. As I understood, most of the price change is regulated programmatically (not in manual). And these programs (robots) are improved. The rate of improvement increases. Plus, robots can work not only with round numbers and not only to fold - they are already calculated by very complex algorithms in the "mind". Therefore, I think we obviously see that the markets are complicated. And we can only answer more sophisticated shopping strategies For his part to survive!

    By the way, I remember that the Council of one trader is easier to earn money on financial instruments, where there are not so many people, such as the same euro / dollar. I think, because, the market is complicated by large players who own complex algorithms, where these players are used. And whales are not interested in catching small stinks of plankton πŸ™‚

    Vladimir, my opinion is this - the market is complicated (it is undoubtedly!), Due to computer algorithms, trading robots and other things ...

    But trading systems based on simple things, such as work from levels, impulse correction and other ... worked, work and will work!

    Sergey, hello. I am completely new to, tomorrow my broker offers to open a real account immediately and start trading under his leadership. Without a demo account. And I agreed ...

    Tatiana good afternoon!

    In vain, you agreed to trade immediately in a real account, and even on someone else's signals ... At the beginning it is necessary to figure out and stretch the demo itself, then ask for a broker (or who provides signals) a test month or at least statistics for the last 3 months To understand how much quality signals you will receive, and only after this make a decision to open a real account and trading on signals from brokers.

Read other useful articles

Trade Forex currency: risk or not risking?

Forex Currency Trade - Can I count on successful newcomers trading? How not to get to write, and where to find money for trading in large? All you have long wanted to know about the foreign exchange market, the trading mechanism and the rules of conclusion of transactions.

Reveal all the secrets of successful trading currency for forex

Currency exchange on stock exchanges is continuous - some currencies are sold on the venues and others are sold. This is due to many reasons - starting from settlements between transnational corporations and ending with the use of money for personal purposes, for example, to travel abroad. Permanent demand for foreign capital It was the reason for creating a single network, in which sellers and buyers could freely conduct any exchange operations quickly and around the clock. This network has received a Forex name, which means Foreign Exchange Market and translates as an international currency exchange market. The development and formation of Forex laid the foundation of a new type of business - trading currencies. About how to succeed in this type of activity, read in this article.

What you need to know about currency trading

All trade in Forex is conducted using special contracts, so-called currency pairs. Monetary signs This or that country is referred to in the form of abbreviations of three letters. There are a pair of two currencies: the first place occupies the basic, and the second is the quotable. Imagine that we need to know the euro for the dollar. If the EUR / USD pair is 1.45, it turns out that 1 euro should pay 1.45 dollars.

Your work is to buy what rises in price and sell what falls down (Paul Tudor Jones)

Positions - transactions opened by traders on forex can be two types:

  • to purchase (if currency growth is expected);
  • for sale (if the course is expected soon).

Purchase is called a "long position" or "Long", from English Long, and the sale of "short" or a climb, from English shot. This is due to the fact that if we consider currencies from the point of view strategic planningIn the future, they always grow, which means that the purchase is committed in order to earn money on the difference of the grown course.

In principle, traders in the Forex market can earn both growth, and at the fall of the currency rate.

BID and ASK.

For all pairs, two quotes are installed:

  • "ASK" - the cost that the trader must pay the broker for the acquisition of the base currency;
  • "BID" - the cost of selling a certain amount of base currency.

For example, if the EUR / USD pair quotation is 1.2723 / 28, then this tells us that we can buy 1 euro for $ 1,2728 ("ASK"), and then sell it for $ 1,2723 ("Bid"). It turns out that the sale price will always give up the purchase price. The price difference is the Commission for the transaction - called "Spread". Spread can be fixed, and maybe floating. In this example, the spread is 1.2728-1.2723 \u003d 0.0005 or 5 points. The point is made to call the minimum price change in the Forex market. One item for the EUR / USD currency pair is a change in a sign standing by the fourth after a comma.

All transactions on the market are expressed in a certain amount - monetary sum. Unit of size measurement is the lot. One lot is equal to 100 thousand base currency. To start trading on the market, it is not necessary to use entire lots. Permissible work with fractional variants in which 0.05 lots or 0.1 lots are activated.

Depending on the contract chosen for the work, the profit and losses of the trader will change. The cost of the point is based on the quotable currency. To calculate the price of the point to multiply the lot to the stake. Suppose that we work with 0.4 lots of the EUR / USD currency pair, it turns out that the cost of the item will be 40000 * 0.0001 \u003d 4 dollars.

Trading mechanism. How to trade for forex

The principle of work on Forex is largely similar trading shares on the stock Exchange. Suppose that the trader on the EUR / USD chart notices the euro drop in relation to the dollar. Of course, it does not lose time and immediately opens the SHOT (transaction for sale) with a lot size, admit, 0.5, which is 50,000 euros. From here there is a completely natural question: what if the trader does not have enough funds to make such an operation where to take the missing amount?

In this case, a broker comes to revenue. It is he who will ensure the trader the necessary material support and within the framework of margin trading will provide him with a credit "shoulder". To take this help, you need to make margin. Its size can be 100-500 times less than the total volume of lot. So, for example, a credit "Shoulder" 1: 300 says that the trader for buying or selling 50,000 monetary units Requires a sum of 300 times smaller declared. From this example, it turns out that the margin of such a transaction will be 50,000 / 300 \u003d 167 monetary units. Pledge - a kind of guarantee of trader solvency.

Continuing this example will imagine that there are 200 dollars in our account.

The initial data of the transaction are as follows:
  • credit shoulder - 1: 300;
  • eUR / USD currency pair;
  • lot size - 0.5 (50,000 euros).

We opens a short position of 1.2723, which means that we sold 50 thousand euros at the rate of 1.2723 per unit. To make a profit, we need to purchase the same amount, but at a lower price. To make such a transaction, the broker is ready to highlight 50,000 * 1,2723 \u003d 63,615 dollars. Considering the size of the "shoulder", it turns out that the size of the margin is 50,000 / 300 * 1,2723 \u003d 212 dollars.

We simulate the situation in which the cost of the euro after a certain time fell. We make a decision to close the deal. To do this, we need to make the opposite action - buy euros. Based on this, we delivered a broker - to purchase 50,000 euros at the rate, suppose 1.2720. It turns out that for this you need to sweep 50,000 * 1,2720 \u003d 63,600 dollars. The amount of 50 thousand euro broker leaves you, you return your deposit in the form of 167 dollars, and you get a profit from this transaction in the amount of 63 615-63 600 \u003d 15 dollars. As a result, your deposit grows to 15 y. e. and is already 215 dollars.

Basic Arsenal of Successful Trading

Many newbies often worries the same question: "What knowledge and skills are needed in order to get a profit on Forex?".

Relatively recently trading on Forex engaged exclusively professional economists. But today, everyone can try his happiness on the stock exchange. However, no one guarantees that this enterprise will be profitable.

All life is risk management, not the exclusion of risks (Walter Riston)

To succeed in the foreign exchange market, you need to assemble a puzzle of 4 components:

  • luck;
  • reliable broker;
  • proper strategy;
  • knowledge.

Trading steps in the leg with financial risk. Exactly because of this reason professional participants The market advise newbies to "fill arm" on the demo accounts, but only then make real trading accounts. As a rule, all brokers provide their customers with the opportunity to try out Forex on Free training accounts.

In many ways, the success of the trader affects the selected method of committing trading operation. Someone prefers to work in the middle of the day, someone recognizes only night trading, and someone trades only with scalping or focusing on latest news economic Mira. Of course, the ideal option is a strategy built on the analysis of all sides that affect currency fluctuations.

Which broker trust

Given that in many ways, the success of trading determines the selected broker, it is important to find a company that managed to establish itself as a reliable mediator in the market.

You can entrust your capital to such companies:

  1. Alpari is working on the market since 1998 and during this time managed to earn an excellent reputation. The Agency provides its customers with the opportunity to invest in PAMM accounts and opens access immediately to 51 currency pairs. The maximum "shoulder" alpari is 1: 500. For work experience, the broker has developed special cent accounts on which you can "fill your hand" with a pair of dollars in your pocket.
  2. Forex Club is a company that has conquered the market in the distant 1997 and to this day does not give high positions. With this broker, you can trade not only with a huge number of currency pairs, but also securities, precious metals, stock indexes and even energy carriers. To its customers, the Agency offers effective training courses and books on online trading.
  3. FXPRO is a broker that occupies an honorary third place to top of the best and boldly boasts 82% of positive feedback from customers. For 10 years, the company operates on the basis of licenses of such well-known international regulators as FSB, FCA and CY SEC. The company has developed a special program called Super Trader, with which you can not just issue trade orders, but also create whole portfolios with investment strategies At its sole discretion.

Strong and weaknesses of the currency exchange

To make a final decision - to trade or not trade for forex, you need to weigh the advantages and disadvantages. founded Market. The stock exchanges can be safely attributed to the "pluses":

  • high liquidity of operations. Brokers offer traders a wide range of all kinds of tools;
  • round-the-clock work;
  • the ability to trade anywhere in the world. With the help of special programs (terminals), it is possible to make rates at home, at work, in transport and even on vacation.

As for the "minuses", then you need to remember:

  • high degree financial risk. For forex a lot more trading toolsrather than on the stock exchange, for example. In addition, high liquidity of money leads to a frequent change of quotations, which greatly complicates the "capture" of the desired entry point;
  • the continuity of work is also plus, and minus at the same time, because there are practically no time between sessions in traders in order to relax;
  • a large credit "Shoulder" is a certain plus Forex, if not to take into account the fact that in a matter of seconds it is possible to lose a huge amount of money, if not follow the rules of Money-Management.

In general, you need to admit that Margin Trading on Forex is a bridgehead for the widest investment prospects. Having on the hands of only 1% of the total value of the lot, you can start trading and getting very impressive profits that many times exceed the initial investment.

Good day. Can you tell about Forex? What is it, is it worth contacting? If possible, very simple and understandable. Thank you.

Rafael Egumberdiev

Forex - blurred concept. I'll tell you about three versions: forex trading, independent trade on the stock exchange and trust management on forex.

Artem Kroptev

private investor

Option 1

Trade yourself through forex trading

Many companies offer ordinary people the so-called forex trading. The account in such companies will be opened in half an hour. Usually it is dollar and replenished at the current rate at least bank card, even from the terminal in the next store.

Forex trading is not a financial market, but a game of money. You always play against one player - your forex company. The rules of the game are similar to those that operate in the global financial markets: you put on an increase or fall of courses of foreign exchange pairs or prices of goods. If your forecast came true, you earn. If not came true - lose.

The rules of the game in forex trading are designed in such a way that you can lose very quickly without assistance. But the most unprincipled forex-companies are not waiting for you to lose your own, and you actively help you: knowing that you have been raised, they can provoke a decrease.

Forex company clients are lovers who are often lazy to explore the rules of the game. The company itself is a professional who plays against you, establishes the rules and accounts for the game. Your loss is a winning company.

Forex is a gambling with shulers

If you saw a single mother banner, which is sitting at home and earns 3000 euros per month for Forex, and you wanted to try - try. Choose a forex company that at least ten years in the market is to reduce the likelihood of a company's escape with customer money. Just do not carry a lot of money to the account, for starters enough 200 dollars. Most likely, you will lose them. But learn.

Look forex company video And do not forget to include Russian subtitles.

Option 2.

Traded on the stock exchange

Trading on the stock exchange can only be brokerage company. This is a real financial market with currency pairs and special tools like futures. You will have an account and broker. The account will be opened in a week, you can replenish it or withdraw money only through bank transfers.

If we talk in the game terms, the exchange does not play against you, but only leads the score of the game. Your broker is an intermediary who is beneficial for you won. Broker and Exchange work for the Commission. If you lose money and leave, they will stop earning. This does not mean that it is easier to earn money on the stock exchange. But this is a little more honest sport.

Option 3.

Transfer money to management for earnings on forex

There are people and companies that offer to give them money to the promise of a huge earnings from the results of trading on Forex. This is a fraud, and there is nothing to discuss. Stay away from them.

What to do?

I would advise to get acquainted with financial Market Through trade on the stock exchange with a broker. Better start not with currency pairs and futures, but from buying valuable papers without a credit shoulder. Forex trading outside the stock exchange is more a tote for people with extra money than the financial instrument.

The appeal of the editor-in-chief to all the press secretaries of all forex brokers in Russia, the Cayman Islands, Seychelles, Burma, Cyprus and other offshore, who offended this article

Dear friends, do not be offended. I know: It is hard to build a reputation as an honest forecasal company. Circular crooks, depositors do not get out of the courts, and splashes reach you.

I understand your pain.

But we have a debt to readers: save them from the financial adventure. And while someone from your colleagues have a button to "include volatility", we cannot recommend Forex.


2021.
Mamipizza.ru - Banks. Deposits and deposits. Money transfers. Loans and taxes. Money and state