Forex for beginners

Forex for beginners This grant is written by simple clear language for all people, wishing to learn that such the financial markets and, perhaps, decided to get this remarkable profession – the financial speculator. (The SPECULATOR – [English jobber] – the person who is engaged in speculation at the exchange, the lawful participant of transactions on the majority of the markets. Exchange dictionary.) So let you aren't confused by this word which has got in Russia abusive sense, actually this lawful and respectable occupation. I afforded a popular statement of very difficult subject, can sometimes – too popular, for what in advance I am sorry. However it is sure that stated here, despite sometimes seeming lightness, it is quite enough for effective earning money in the currency market any person, irrespective of a sex, age, education. The author doesn't feed illusions that this grant can change views, a way of thinking of the reader. Through texts it is impossible to change the person — and all experience of the world literature proves it. You should want to change, thirst new, to aspire to conquer new tops. It will be not the book, not integral work, and a set of articles devoted to various questions, anyway concerning financial markets. Will be, probably, much retreats on subjects of economy and finance, business and philosophy – to a coma are uninteresting – pass. I and itself don't know while that will turn out – publications go «from wheels», today wrote chapter – and right there I publish. I am not going to learn, advise anybody. I simply want to tell that I know itself, to tell about the thoughts, about thoughts and ideas of my colleagues of traders, is very frequent – not indisputable. Therefore my work can't be perceived as the manual. We will speak about various rules and principles, about ethics of the trader. One of the major about whom I would like to tell first of all, is following – don't give anybody councils, don't follow nobody's councils! Get used to absorb not simply information as do vast majority of people, but to analyze it. For example, when someone tells something, try to understand not that he speaks, and for what purpose, why he tells it? And, as it is accepted in solid books – thanks. I express sincere gratitude of the Tramunta company working in Moscow and Petersburg in 1997-1999 and closed by law enforcement agencies in which I stepped for the first time on a planet of Forex and in which left a lot of money about which now I am not sorry, it was the payment for a science; to my wife Elena who shared with me all fears and risks, didn't leave nearly from me, when I sold the apartment (but after all isn't left!), which reconciled to my passion to Forex when I returned everything lost with interest and escaped on an acceptable standard of living; to my friends and colleagues – to Andrey, Oleg, Igor, ruthlessly criticizing my ideas and always ready to divide with me the last bottle of beer.

maxwell forex

Opening the market The condition of the modern world exchange market is at the moment stabilized, but, nevertheless, still remains quite unpredictable. For this reason forecasts of the exchange market from lips of various experts sound often the very inconsistent. The interbank markets of Ukraine and Russia are a part of the world financial market. Any national market in many respects depends on a world environment. Transactions in the exchange market include transactions on a purchase or sale of foreign currency without a commission fee and restriction of the size of a margin between two rates. Transactions of banks in the domestic market are subject to control from the state. Legal regulation is performed on the basis of the existing state legislation and international agreements. The biddings in the interbank exchange market are performed on the basis of the operating demand and supply. Only authorized banks and financial institutions, and also National Bank can be participants of the Interbank exchange market of Ukraine. The situation in the interbank exchange market of Ukraine develops according to universal tendencies. The Russian market sensitively reacts to features of development of the world financial relations. The exchange market of Russia 2010 today, despite crisis, shows gradual growth and approach to international standards. How to use the Forex Market Time Converter The forex market is available for trading 24 hours a day, five and one-half days per week. The Forex Market Time Converter displays "Open" or "Closed" in the Status column to indicate the current state of each global Market Center. However, just because you can trade the market any time of the day or night doesn't necessarily mean that you should. Most successful day traders understand that more trades are successful if conducted when market activity is high and that it is best to avoid times when trading is light. trading Conditions Account Type - demo / live, Standard, Expert, Invest Trading platform - MT4, MT5 Deposit currency - USD, EUR, RUR Deposit / Withdrawal - RBS, Visa, Webmoney, LiqPay, ChronoPay Minimum deposit - 1 $ (Standard), 200 $ (Expert) 500 $ (Invest) Trading Tools - Forex, CFD, Futures Leverage - 1:33 - 1:1000 (Standard), 1:1 - 1:100 (Expert) Minimum lot size - 0.01 Spreads - by 0.2 points (floating), 1.8 points (fixed) Execution of orders: Instant Execution (Standard), Market Execution (Expert) Welcome Bonus + 50% of the first deposit Contests trust management especially trade Accrue on the balance of the account - 12%

The exchange market - the characteristic, structure, its types and participants

The exchange market - the characteristic, structure, its types and participants The concept of the exchange market includes the following is the market on which the free biddings by currencies of the different countries are performed. It possesses the features and answers a number of characteristics. The structure of the exchange market is rather difficult – into it enter the market of cash and non-cash currency. The last in turn shares on urgent (spot market) and the market of cash transactions. Spot and forward – the most important types of the exchange markets. Thus the exchange market which is provided by the exchange, is called as the stock exchange market. Other markets organized by dealers, in particular – the Forex market, carry to the off-exchange. Unlike the stock market on which the securities trading is performed, to tools of the exchange market carry assets, checks, bills of exchange, swaps and many other things. The money market works generally with loans, and also with the securities issued with respect thereto. The exchange market carries out a number of the most different functions – insurance of currency risks, a diversification of allowances, rate installation on the basis of an operating situation of demand and the assumption. So MICEX of the Russian Federation – the largest currency platform in the CIS, relies when forming the currency rates on data of the international market Forex. Among functions of the exchange markets still it is possible to note assistance to foreign trade, providing necessary conditions for implementation of monetarist policies of the various states, provision of possibility of profit earning and a currency control. It can be performed by means of currency intervention – purchases of a large consignment of currency of one state in interests of another. To show all interested the ropes affairs on the international currency scene, in mass media and the Internet regularly there are corresponding reviews.

Forex exchange market

Forex exchange market Forex – the most known curb market of interbank currency exchange. It began the work after crash of the Bretton-Vudsky currency system. At the heart of market work Forex – currency exchange on freely "floating" rates. The mechanism of functioning of the market Forex is rather simple. The currency rates are created by banks on the basis of the operating demand and supply. They permanently change, depending on these or those factors – political, social, economic. On this difference in rates it is possible to earn by means of the biddings on Forex – to purchase currency on a low price and to sell on higher – today it with ease can make everyone.

Forex Basics and Concepts

Forex Basics and Concepts Probably everyone who has ever heard this word, asked this question. The constant need to exchange one currency for another led to a unified telecommunications network. Now anyone using the Internet, can perform the operation on exchange rates, without leaving your home anywhere in the world, around the clock. A huge amount of foreign exchange transactions for the exchange of currencies around the world, called «FOREX» (Foreign Exchange Market - the international currency market). With the advent of the Forex market, formed a new kind of business. Profit, market participants are foreign exchange gain during the constant price changes. Exchange rates depend on supply and demand. Investors who make transactions of buying / selling in the Forex market are known as traders (traders). Most importantly, in the modern foreign exchange market, anyone can act as a trader. There is no age limit, education and work experience in the financial sector do not matter, but it will help to quickly master the psychology and principles of behavior of the Forex market.

Forex, subservient, even for beginners

Forex, subservient, even for beginners Successful people who have already achieved results in some kind of activity usually do not stop there. Modern man has never stopped in its development, it may be courses, seminars and trainings. One of the important activities in recent times is the game for anyone for whom the work on the Forex market. Developed many programs and courses that are presented with a beginner forex market players. Prior to learning forex for beginners is somewhat unrealistic complex convoluted, incomprehensible and immense. But, beginners here explain that the forex - it is rather thought-out tactics and understanding of the underlying psychological processes, rather than just dry statistics and mathematics. Novice players are presented with Forex, a fascinating game, which brings considerable income. If you perceive, is available to all forex beginners, it is only necessary to understand the goals and priorities.

The first steps, forex for beginners

The first steps, forex for beginners First, you must begin the study of financial markets, as well as find useful information about exchange rates and trade in the global currency market. It is also necessary to examine the beginner forex terminology and understand what a contract for difference and futures. But the most important thing for beginners is to understand how the forex make money. In the future, for some forex trading may be just a hobby, interesting and profitable, but for others - the main activity.

Printsypy trade with the trend of their concepts

Printsypy trade with the trend of their concepts There are four basic principles that should be part of any trading strategy: Trade trends; Reduce the loss; Let profits run; Manage the risks; You must be sure that your trading strategy involves all of these principles required for success. Trading trends relates to the determination of rules of open positions. This requirement means that you should always open in the direction of current price movements. Mathematical analysis of prices shows that prices vary largely randomly with a small trend component. This scientific fact is extremely important for those who want to establish their trade on a sound scientific approach. This means that any attempt to trade short-term patterns or practices that are not based on the trends, are doomed to failure. A good example of such a doomed system - Japanese candles. This theoretical conclusion is based on my previous research. Many years ago, when the candlestick analysis came into vogue, I tried to create a profitable trading system based on the candles. I tried a lot of options are absolutely no avail. I just have not met anyone who could demonstrate the efficacy of candlestick analysis, using the strict rules. Successful traders use a method that gives them a statistical edge. This advantage comes from the tendency to form price trends. In the long run you can make money by trading only on these trends. Therefore, when prices are on the uptrend, you should just buy it. When prices are on the down-trend - only to sell. Although this important principle is well known, traders are often surprisingly neglected. In search of additional income they are trying to buy at the bottom and sell at the top, before the new trend is established. Successful traders have learned to wait until the confirmation of the formation of a new trend, before taking a position in accordance with it. An alternative trend-following is predicting. It is a sin, which fall almost all traders. They study the problem of trading and conclude that to be a successful trader must learn to predict the market. There is no end, willing to sell you their latest discovery in the prediction of the market. We all want to believe that prediction is possible - it's so nice to make predictions and be right. Trade with the trend seriously, as logically based exit point is located far enough and if you are wrong, can bring great losses. This is well explained by the fact that there are so few really successful traders. Not many can make a trade in such a severe psychological manner. You can define a trend only in relation to a specific time frame. When you define a trend, it may be, for example, an interval of two weeks or six months, or hours. An important part of a trading plan is deciding how to choose a time interval. While it is probably more psychologically easy to select the interval shorter, better results are obtained by trading in the longer intervals. The more you spend a long trades, the more profit can be. To maximize the chances of success, your timeline for measuring the trend should be at least 4 weeks. Therefore, you should include in the direction of price movements that last for 4 weeks or more. A good example is based on the trends of the strategy is to buy when the closing price is higher than 25 trades back and sell when it is less than 25 days ago.

40 basic rules for the trader

40 basic rules for the trader A. Plan your trade. Trade your plan. Two. Write down your results. Three. Keep a positive infusion regardless of your loss. 4. Do not bring work home from the market. Five. Permanently increase the level of your goals. 6. Buy on bad news and sell into good. 7. Do not be afraid to buy high and sell low. Eight. Always have a well-planned time to study the market. 9. Insulate yourself from the opinions of others. 10. Stay calm, persistent and consistent, act rationally. 11. Limit your losses - Use of the foot! 12. Never cancel a stop after you have placed it. 13. Never enter a market because you are tired of being off the market. Being out of position - this is also the position. 14. No need to enter and exit the market too often. 15. Traders learn from loss - not for profit. Learn every loss to improve their knowledge of the market. 16. The biggest challenge in trade - not a prediction, and self-control. Successful trading is difficult and is often accompanied by negative emotions. The most important element of successful trading - is you. 17. Always discipline yourself by following a pre-defined rules. 18. Remember that a bear market can break down over the last month is that you have built a three-month bull market. 19. Do not allow to turn a large profit in a big loss - trading put-foot by 20%. 20. You must have a plan, you need to know your plan - and you have to follow it. 21. Expect a loss and take them with dignity. Those who brood on the loss, be sure to miss the next opportunity, which is likely to be profitable. 22. Share your profits in half, and never risk more than 50% of the profits by acting against the market. 23. The key to successful trading - the study itself. 24. The difference between getting in the market and losing it is not so much natural ability as the ability to responsibly explore its own errors. 25. Think of the loss as a step towards victory. 26. You have accepted loss? Forget about it quickly. You get the profit? Forget it even quicker. Do not let selfishness and greed interfere with your clear thinking and hard work. 27. One of the most important secrets of traders - balance their desires with the desires of the market. Market - it is the truth, because it reflects all forces fighting there. 28. It is much easier to enter a trade, than to get out of it. 29. If the market does not do that. What would you expect from it - get out of the market. 30. Never add to a losing position. Losing position means you are wrong. 31. Do not try to predetermine your profits. 32. The key to wealth in the trade - simplicity. Avoid techniques you do not understand. 33. Do not be too curious about the causes that advance the market. 34. Beware of too many open positions, which can affect your emotions. Do not be too aggressive in the market. Treat him gently, let your profits grow gradually, and not an explosion. 35. Do not attempt to identify the peaks and peaks. 36. You have to believe in themselves and in their ability to talk sensibly, if you want to win in this game. 37. On a thin market, do not try to guess in which direction will the next big move - up or down. 38. In the world of money, no one knows what will happen in the future. No one! Therefore, successful traders do not try to put their positions on the basis of what is to happen, and reacting to what has already happened. 39. If the ship sinks, do not hesitate - jump!

Top tips for beginners Forex Novice traders, and just random people who wandered the site of any broker or dealing center, often ask themselves: - And whether you can make money in stocks or currencies, without having enough experience? - And how many successful traders earn? - And what a chance to cash in on the first deal and not lose the entire deposit? Let's try in this article shed light on some common questions and dispel common misconceptions beginners. For greater clarity and revealing article is based on the specific numbers and everything is explained in terms of examples of transactions. Suppose you are a man, far from currency speculation, listening to the exchange rates, we decided to try their hand at trading the currency market (forex). With a little force on the Internet you can find a lot of diverse information on the subject. You can find a obschepoznovatelnye texts, and specific recommendations for market conduct, which includes advice on what time and which currency to buy / sell. Not having any knowledge, is your chance to capitalize on this market is estimated 50/50. This is significantly higher than in any lottery or sweepstakes! To explain this very simply: the currency can only increase in price or cheaper, or. That is, when making any transaction without the analysis and experience you have with a probability of 50% will make a profitable deal. In other words we can say that every other transaction to be profitable. Now imagine that you have, the basic knowledge and skills enable you to make profitable trades than 5 out of 10 (this generally does not require any knowledge), and six out of ten. You decide to invest in the work of the foreign exchange market 5000 USD. But to invest in real trading you are willing to only 1,000 USD, and the remaining amount will serve as an additional insured guarantee. So, you have defined for themselves the greatest possible loss in a month. Now it is necessary to determine the objectives of the work. Successful in the foreign exchange market (forex) is the one trader who consistently earns 10-20% of foreign currency transactions on a monthly basis. We assign a goal to earn less. We translate our virtual interest in dollars and get the goal is 5000 * 0.10 = $ 500 per month. Since on average one point equals $ 10, then a month to earn 50 points. Is it much or little? On average, the currency pair during the day makes oscillatory motion at a rate of 100 points, respectively, over the last month and 100 * 20 (days) = 2000 points, of which we have only 50. At one point, all contractual formalities are completed, the broker is selected, and you start the real work. For convenience, we take that in a month is made 10 trades, of which, thanks to some of the available knowledge and information you have six winning and losing 4 (your knowledge and ability to provide you good luck in 50% of 10% of cases). Since the beginning we set ourselves the maximum possible loss per month in 1000 USD, the average loss for each transaction (if you follow our rules) may not exceed 250 USD or 25 points. For greater credibility will take a value equal to the average gain is also $ 250, or 25 points. When we are considering option, you will earn per month exactly 500 USD. (* 4 deals - 250 USD + 6 deals * 250 USD). That is absolutely real, with $ 5,000 in the account to earn $ 500 every month, while risking only $ 1,000. Making a larger number of transactions (in terms of keeping that 6 out of 10 profitable trades), you can earn more. With the growth of your qualifications as a currency trader, winning percentage will also rise, which in turn will generate additional income.

The nuances of forex trading on real account

The nuances of forex trading on real account One of the most frequently asked questions asked by new traders sounds like - is there a difference between real and demo accounts? Of course, there are very significant. Moreover, there are many nuances faced by a novice trader, opening a real account first. Many brokers prefer to keep silent about them. All the caveats that distinguish the demo account of the real, are divided into three groups: Psychological Product Special Technical aspects are that the virtual account all the transactions conducted by a computer. On a real account is already running the human factor, in other words, the transaction shall have a person not a machine. For a demo transaction, all operations take place in a fraction of seconds, regardless of the price movement. The real deal with you people running here and certainly not so quickly. For while people process information, decide to pass some time. It happens that it takes less than a minute and if a novice until such time worked only with the demo, it just will not have time to conduct transactions on the appropriate price. While the dealer is engaged in processing information, the price will have time to change several times. And this applies to both the closing and opening of the transaction. For example, the trader before the news release put warrant, the news came out, and has 70 items in the profit available for this demo can be easily. But in the real world can be a problem: most everyday - it's a long time obrabatyvaniya transaction, and the severance of ties with the dealer. And while the person is trying to get through to him, is from five to 15 minutes, the price changes direction and turns instead of income loss. Correct it does not. The psychological point is that often when trading on a demo, people can get away with heaps of good deals, but as it comes to the real deal, nothing happens. What's the matter? It's simple - when it is trading on a demo, people believe - he risks nothing, but in real life you can lose everything. The man begins to fear shaking step, or click and panic as it is known - is a bad counselor. Because this will be advantageous to start with a small amount of loss, which will not cause you emotional trauma. Finally, special moments, the ones who do not like to discuss in the forums DC. These are the moments when the trader does not give money. For example: Do not market quotations or, in other words, a trader at the terminal there is the so-called "candle" in the 300 points that first blows a stop-loss, then the price returns to their former positions. And the demo is not a candle and brokers as well. Slippage, another way to rob a trader. For example, he put an order to buy a pound at 1.4400, and broker a deal to put him to 1.4410, a quire of points as usual. Opening the market, the broker is always a deal worse than the market opens up a few points and also at the closing. And so in any transaction, of course losses will be considerable.

Where to earn on the Internet?

Where to earn on the Internet? In what a secret of popularity of earnings on Forex? The guaranteed income of Forex gives opportunity to receive to any that honestly treats the activity. On Forex really quickly it is simply to earn owing to the economic reasons – fluctuation of exchange rates occurs daily and in time the opened and closed position will make for you desired profit. If all of you still look for, where it is possible to earn money consider earnings option on Forex first of all. After all it is the market with a world name, the stability embodiment – the currency market of Forex can't simply fall because crisis of one currency – always take-off another. Everything that is necessary for you – basic economic knowledge and the software which brokers provide Forex, for example – Forex Club. As the Forex market functions round the clock during working weeks, you can carry out the auction when will consider the necessary. Use of the trading robot will allow to entrust routine work to it. Forex – the real decision at once two problems – "I want to earn money" and "I want to earn on the Internet". All technological decisions, the convenient schedule, Forex training – are directed only on really to earn, instead of to spend time behind "clever business".

Trading signals Forex

Trading signals Forex Trading signals accompany trading on Forex during the whole time, fix and estimate each your action – beginning from opening of the transaction and finishing fixing of its result. Decisions which will prompt you forex signals, are professional. If your experience of the auction on Forex is still insufficient, you can rely on system decisions completely. Observance of all recommendations which give trading signals, guarantee the stable income according to transactions to 20 %. Thus, achieve highly remunerative trading can not only professionals of Forex, but also beginners of the this case. The most profitable and live international currency market becomes a source of the stable income. Signals estimate, it is preferable to come into what moment on the market and when to make position closing. Besides, indicators report about changes of course of currencies and make recommendations to actions in this situation. Indicators happen several types: The trend Ostsillyatora The first are shown on graphics, on the monitor screen. Simultaneous display with the schedule very conveniently and visually. The second are used, when there is no a trend, and open on the screen in a separate window.

Forex trading

Forex trading Forex trading – so is called trading activity in the international currency market Forex. Value of the bank term "trading" is deciphered as purchase and the subsequent sale of the same financial products, for the purpose of receiving profit. As financial products securities – for example, actions can act. Forex traders carry out resale of various currencies. All know that exchange rates are in continuous movement. Forex Trading as a real way of earnings demands existence from Forex traders of financial sharpness, analytical skills, abilities quickly to make decisions, being based on the available facts. A beginner of Forex traders usually give the first elementary advice. The such treat: definition of the sum which the trader dares to lose, refusal of aspiration to earn all money in one day, ability to be ready to losses and their objective analysis, refusal of impetuous passion. Forex Trading is a serious trading activity in the international currency market and in order that it brought in the income, it is necessary to understand all its details and features. Thanks to the situation analysis, ability to do forecasts, and also to elementary luck you can gain quite good money on Forex, carrying out trading.