making the first step towards Forex market , every beginner should know that to start trading in the first place should be after he will choose for themselves the appropriate strategy.
Only after the beginning trader will select (or create it yourself) for a strategy, remember all its rules, will start well they perform and ottestiruet strategy for forex trading on a demo account - can only add funds to a small amount and start trading on thereal account.
on demo accounts novice trader must first learn how to properly press all the buttons, do not confuse BUY and SELL, learn how to navigate the terminal quickly.Otherwise it will be lost N-th sum of money due to the fact that has been selected by mistake is not the function button is pressed is not so.
demo account take a great interest especially not worth it, why?Because it lost a sense of fear.Best yet to put a very small amount, and learn from real money.
Why start with a small amount?Because even if you lose it, you will not worry much, and lost a large sum at once, you can permanently lose the hunt to trading and get a psychological disorder.
most important thing in forex trading and all trading on stock exchanges - is to stick to a trading strategy, it also includes money management.
next important step, and perhaps most important, after the choice of strategy is to choose an honest broker.
Why Choosing a broker is so important?
Because a dishonest broker is a big problem, especially for beginners.
Because how could you not know how to trade, which would be profitable not your strategy, if the broker works unfair - the trader will always receive a minus, called elk (on trader slang).
dishonest broker will always be the excuse for any your claim, the trader will always look like a fool, and the broker will always be right.The so-called kitchen will always speak and refer to the contract, that the contract spelled out everything.
dishonest broker your transaction will always be as high as 1 pip profit and vice versa stop loss will always be triggered even if before he had even more points.You may not deduct the profit if the deal lasted less a certain time, for example, if you opened and closed the deal in less than two minutes.
The most important moment for you, the broker may hang the server on your claim broker will tell you that on their part to technical problems it was not, say, check the quality of your Internet connection.
have an honest broker as technical problems also occur, but very rarely.Honest broker will review your claim and it is likely that the decision will be made in your favor.
honest broker executes your transactions instantly, no time limits, no restrictions on scalping and automated trading.
predstvlyayu heed to your normal one broker, one of the first risk-free brokers, regulated FSC (Financial Services Commission)
More
