FX (currency trading)
March 25, 2008 • General section
FX (currency trading)
Forex market requires patience and restraint at the outset, is the stage where the train rolling on the new account pilot for not recommend that less than six months
, Where the rolling learning and practice to learn his shadow, and the biggest problem facing the junior is hurrying to open the account without real access to the required stage of science and experience … We have seen dozens of people rushing to request profits without adequate training, resulting in heavy losses, God forbid,
Thereof currencies with the international mediators and the service you provide trading currencies, including the local offices have, and of dealing with them directly via the Internet
Fluency in English catalyst learning very quickly in this market, but they are not a prerequisite, there are many people mastered this science despite the weakness of the English language
Group psychological play a significant role in perfecting this kind of trading, Valtma is one of the greatest enemies of working in this market, because of greed and dream quick profit is causing hasty in the transfer of funds and start racing in trading desire to reap quick profits, but it quickly turned to dream It is a disturbing fact that large losses, God forbid. The learning and practice and patience after conciliation, the Almighty God’s become scientific deliberation process easy and accessible God
I advise you to not be your goal in the first phase to achieve profits, but make your goal is to learn the correct way of handling only, and do not expose your dreams profit abundant that lead you … If achieved your goal to reach the stage of deliberation right … Only then brake profits and dreams realized, God
Mechanisms are essential.
Working needed in the currency market to some of the mechanisms considered method to communicate with the market, which is mainly in the following:
(1) programme issued:
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Can enter the buying and selling of couples wishing where, and gives you immediate minute prices for spouses.
The fact that the programmes and all the many and varied programme often different approach to the company, and whose features and specifications of the programme to another and from one company to another.
2 - the graphs (charts):
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Need to rolling charts illustrate his movements couples rises and falls and prices, these graphics are used in technical analysis in order to reach the buying and selling appropriate
(3) Source of information:
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Needed especially rolling beginner to the source of information which could increase the scientific outcome addition to the question on any point not clear to him, I advise you all that in the present stage is to take advantage of the specialized forums which includes elite distinct from trading distinguished addition to the many educational topics very useful
(4) open a demo account:
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Account pilot, which is also called the account (ice) or the expense of the shadow is very similar to the calculation of the real difference is that all funds used by the pilot in the account is fictitious funds traded by default as a real money
Experimental advantage of this account that gives you an opportunity to learn and error and the loss without any damage being done to your real, and it is an excellent opportunity to try some new ways of trading
(5) the beginning of learning:
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There are some basic science in the currency market that could not be dispensed with in any case, above (technical analysis) is a science and art easily rolling determine points of sale and purchase appropriate, as it facilitates the process to predict price movements for future periods. It is also the task of Sciences (fundamental analysis), a news and analysis on the economies of countries that have followed currency, as economic and political changes play a significant role in the movement of exchange rates. You should also know that (risk management) is how to manage your financial way diminished by the percentage of the risks that could be exposed to it. To the other sciences and skills needed by successful rolling
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Such information found on the Internet, filled with books, and once a simple search will find many, many of them, but in order not to scattering at the current stage, I advise you browse Arabic sites are full of competent everything that is useful and simple and appropriate manner, God
Choose your broker.
As previously stated that the companies allow you to the global trading currencies over the Internet, which is called (mediator), and many companies in this area vary greatly in terms of credibility, and expertise, and services, and easy to deal with them … The other factors that distinguish the company from other
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The most important point that must be checked before opening an account with any real company, is to ensure the credibility of this company is officially registered number is known or not, and you can make sure that through the question at the Forum, there are many experts in this area. It also you must experience the company for a certain period prior to calculate experimental Start with the calculation of the actual real return of the program and make sure that their way of dealing
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It exists in some countries some local offices, which considers itself an intermediary between the customer and the parent company, and these offices are not criticized by the mismatch good and bad of them, all worshipped him is entirely sure and question them in the most reliable hand before rushing to deposit a sum of money have because, as you said, there are many companies, including swindling, fraud, and here I do not accuse all. It should be noted that most of these companies taking excessive commissions for each transaction by rolling, while you can avoid these amounts deal with the parent company directly
