Tuesday, May 12, 2015

How to become a trader in 8 steps?


Hello, dear readers! Weekend promises to be hot, even for a minute do not intend to stop working to improve the blog, so spend them in the affairs. But I was not at all upset, on the contrary, happy! Maybe I'm a maniac? Today's post will not tell about the trading styles, money management or advisors, today's post unusual ... Many people would like to learn how to become a trader, you need to do to do, what steps and the difficulty to pass (and perhaps still is easy and simple?), How much it will take time? Answers to all these questions will find further discuss how to in 8 steps from the ground to become a successful trader, and how long it takes for achievementsия цели.

как стать трейдером


I can not know all the ways how to become a trader, after all, how many people they have become, so many ways. The procedure can be very different, and sometimes shocking! I will try to show the general scheme, which is available to any interested person. But I repeat - each case is different.

How to become a trader from scratch?
1. Start to act! If, after the emergence of the idea you do not start to operate the following 48 hours, then most likely, you do not ever start. To start, you need to learn the first information, which will give an understanding of the basics. Her full online, check out this blog. Understand how to start functioning stock exchange, who are the traders that make brokers, any issues relating to financial topics, all of this will come in handy in the future. If you know it all - excellent! Then it is necessary to go to more detailed information, understand how the transaction on the stock exchange, who buys and who sells what costs are present in the trade, through which trade program, etc.
There is another way - to take courses for beginners, I do not think they are worth the money that they need. All information will learn in the courses available and free internet. You pay your money just for the fact that this information will tell you. If you have the money - this is the easiest way to start training and learn the basics.
The third way - forums. I do not really love them, believe that they are suitable only for understanding the basics of stock trading, useful information there is not a lot. Can you communicate with the visitors there, ask questions, etc. You can also write me when "question-answer" always answer and explain exhaustively, will be glad to communicate.
how to become a trader with zero
2. Once you start to understand the common terms (eg, swap spread, EUR / USD, quotes, trading terminal, indicators, counselor, business strategy, etc.), I recommend to open a demo account (virtual account It does not require real money, ideal for training), to combine theory with practice. Any thing in practice refers to faster and better remembered.
3. Now, after reading the initial data, after the installation of the terminal and open a virtual account will be most interesting!
You have become a novice trader, you need to learn how to make trade! This is the hardest part to overcome if the first 2 steps will go a week or a month, the training profitable trade may take years, while at the same time it is the most interesting part! 2-3 years - is the average period for which you can learn to earn, although there are times and faster. Yes, this is a real profession, not easy money, so you need to "learn, learn and learn again." Useful information can be found in the narrow thematic books on stock trading. There are many catalogs of books, download no problems. The best, in my opinion, the works described in the article: "8 best books on stock trading, which I read," I advise.
4. Books - a good thing, but they are not enough. It is necessary to build its trading strategy, the best way to do this - see how others are doing. The study of the work strategies is an important step, there are many trading styles, different approaches: one uses technical analysis (like me), some fundamental, wave, arbitration, etc. Trading I'll note that with the help of technical analysis and a systematic approach to make easier, most of the successful traders trade this way. But what is right for you - you learn only when you try several approaches.
to become a trader
At the same time it is necessary to study the materials on money management, build a competent money management. In advance I say that without the practice of getting this knowledge does not make sense. Small conclusion: step 4 - explore methods of market analysis, different trading strategies and money management techniques.
5. Without this step, the previous does not make sense. Practice. Do you have a demo account, it is necessary to try everything that you learn. For example, we read about the graphical analysis, looked reversal patterns and continuation, went into the terminal and try to trade on the basis of this analysis. Look yourself in the graph these figures, open transactions, work on a virtual account a week or more. Found on the Internet an interesting capital management method applied to your account again to bargain a little, remember. And so every time when you learn something new, you need to try everything in practice as well as the experience - the most important thing! 4 and 5 steps can go a long time, when you'll easily navigate the various methods of analysis and money management, then proceed to the next step.
6. Yes, it is even more difficult than the previous one. It would be great if you are at this time find a profitable approach, you are lucky! But in most cases it is not. Do you have the necessary knowledge, experience a small trade on a demo account, it's time to create your strategy work (or buy, is not cheap). You have already decided on the approach to trading that you like, you will be some developments, patterns and other stuff. On the basis of your knowledge you need to develop a profitable trading strategy. Not an easy task, but it is doable! Her need to test, test different instruments, choose a method for managing capital. Trading System - clear and streamlined algorithm of your actions, which consistently makes a profit. By that all traders seek.
trader
If you cope with this step - more than half the way back! Bargain few months on your system on a demo account, in the case of a positive trade go to the next step.
7. After checking account, open the virtual real. It is not necessary to invest a lot of money, enough to start minimum amount (find out more detail: "How to calculate the minimum deposit in the Forex? '). Bargain for your procedure a few months, look at the results, whether they comply with the test? If everything goes fine, you are trading profitably, to withdraw money, then slowly increase the deposit. The main thing is not to make any sudden moves. All you need to do, just follow your trading system. If it is checked, you trust it, the profits will be yours!
If not, then look for errors and correct. To open a real account can recommend Alpari, with which he worked. Or, use an independent rating of Forex brokers, so you do not bite your elbows! By the way, I almost forgot, one more step.
8. This item is intertwined with every previous one, it has a value that can not be overstated. Most traders are problems associated with it. This is the psychology. Each trader working with money, work with a high level of stress, psychological pressure and there is always great. Emotions some wild. But these emotions need to be able to control. If emotions run by your actions, not good not wait. Frankly, this is a very difficult step, but if it is not overcome, we can always dream to become a successful trader, well versed in the strategy, but the results did not achieve, that is stuck in the end of the path. Nobody do not want this.
If you step by step will follow this plan, you will certainly become a trader! Accent your attention: this is a rough plan.
how to become a forex trader
In real life, the way every trader develops individually: some are beginning to explore strategies, someone buys a counselor and proceed to real trading, someone who knows all the theory, but does not dare to start, how the rest of your way, you can see only one way ...
After reading this article, readers may wonder: Is trading never learn? If we talk about institutions, there is no such profession is not taught, at least, I do not know about and did not meet these traders. But there are many different courses, online schools and training companies. On the quality of education can not say anything, I did not pass. But the fact that no school can give you a guarantee - it's a fact. That is, you will be able to learn how to trade or not, it depends on you. But I note that private training makes sense. If you are in your town you will find a successful trader who will teach you to trade - this is the best option, but it is not easy to do! In any case, do not waste time, start to learn on their own, for example, with this material, which gathered all the information for beginners!
I hope I can answer these questions, and after reading this article, you will know how to become a trader.