Now almost everyone who surf the Internet at least once came across sites that offer forex trading.All promise you millions in profits.But it is worth mentioning, and that work on the Forex requires diligence and knowledge.All is not as easy as assured advertising.But with due diligence, you can earn a lot of money.
Earn Forex will help you dealingcity.ru.Firstly, it is necessary to understand the principle of work - this is speculative transactions: you buy a cheaper, selling more expensive.Of course, it looks simple.All novice employees are given the opportunity to receive training on a demo account where you try yourself in the market.But one thing - to play for virtual money, which actually is not, and quite another - to invest their capital.But with the proper knowledge of the market sensitivity, intuition and luck, you can at an average investment per hour to earn from 100 to 1000 dollars.But do not forget that with the same success, in the absence of skills and knowledge, they can lose.
To work on forex trader came to fruition, it is necessary to have several components:
- Exposure,
- strong nerves,
- Knowledge of the market,
- ability to analyze,
- own strategies.
analysis of the market itself also has options:
- Fundamental analysis implies the trader knowledge in the field of economy of various countries, knowledge of economic laws and the ability to make assessment of the macroeconomic indicators.Long-term plans of conduct on the market in accordance with the drawn picture.
- technical analysis that involves drawing on available lines of work schedules in exchange rates.The result is the approximate dynamics of exchange rates.
- computer analysis, mathematical calculations involving the behavior of exchange rates in accordance with the available data.
It is very important to develop a strategy for a trader's own work.But it takes years.For employees newly forex offer to consider a few well-established strategies:
- carry trade (Carry Trade) proposed business strategy, which is to make a profit on the difference between interest rates in different currencies.
- Channel strategy is based on trade in certain price limits.
- Scalping is called short-term trading at the slightest market fluctuations.
- Trade at the break - on the desired price level.
