Greetings, novice traders (the so-called people to enter into transactions on forex)! I have been trading since 2008, for me it is already an established way of life. I thought that some representations have not even how to start trading on the forex. Although, in fact, this is no big deal. Just formed a certain stereotype that trading is a rich inheritance that the average person will never be able to trade. Below I will give step by step instructions that will break this stereotype to pieces! Anyone who is able not only to try their hand, but also to earn good money!
Although, to decorate this business in pink hues will not. If you think it's easy money and did not have to work, then you direct road to some scam. I have long learned to get what you want, you need to make an effort to do so. Learning to trade profitably - is not easy, it happens that it goes for years! Yes, it's not a typo! But if you learn, think you can make money out of thin air.
There are unforgiving statistics: only 5% of traders consistently earn. What is the other 95%? Guessed ...
First of all, you need to gain knowledge and experience. This 2 determining factor for success. I can say with certainty that without these components can not be stably trade. All his attention, concentrate efforts in these directions. Now let's details.
How to start trading Forex? Instructions.
1. Take action! Begin to act, and not look for excuses. Get basic knowledge. Information in our time enough. If you're reading this, then you have the Internet, it is useful to you! Read books of successful traders, it helps to learn from their experience. Here is the article: "8 best books on stock trading, which I read," I advise you to start with the first two.
There are blogs, where you can find a lot of useful information. Read my blog - is great, keep going. At the outset it is important to understand the trading, to make out the first questions that they have not tortured (this will help "Forex for Beginners").
Look at forums, communicate with their stakeholders (eg this one). Just do not expect them to get first knowledge - is a good option. But be careful, because the forums are tightened, and the case remains unfinished.
how to start trading the forex
Small conclusion: read books, blogs and forums of traders. This will give an opportunity to get basic knowledge.
2. You need at least some experience of trading, because books will talk about things is not always clear. To understand what is written, you need at least a little to trade, to feel, how it happens. To do this, open an account with Forex, vAlpari recommend to open or select a company from a rating of forex brokers. I do not advise immediately transfer money, just look at the charts, understand how prices move, observe and take a look. How to get comfortable, you can put 300 rubles (about $ 10), it is enough to get the original experience. Important: to commit substantial funds to trade only when you are sure of the results!
Do not try to immediately make the main thing to understand how the entire trading process. Feel the emotion. Learn how to make deals, to remember the location of the buttons, etc.
A good option would be to trade with a counselor, yet enough experience. Trading robot can immediately trade profitably, and you will have free time to explore, to also be able to learn some of the nuances from the advisor, to see the real trade in action. I recommend to start to use this one, it is very reliable and requires no configuration.
In general, start trading forex, you could describe these two points, but I decided that the following information is useful to you. Read on!
3. Keep a trading journal. Remember all that you are doing is difficult, so much easier to write. Secure your transactions, starting with the first, it should become a habit.
how to start trading the forex
Then you will be able to "look" back and understand how to improve your trading. Believe me, a shopping blog significantly shortens the path to a successful trader.
4. Learn to trade systematically. This is the easiest way to accomplish the result. Most of the known system is traders. In the network a lot of different strategies, it is not necessary to look at the promise of big interest, but to test, to try to sell, look for "their" system - definitely "yes"! This will at the outset to have some sort of plan, and not put at random.
5. Develop your own strategy. When you have little experience, go in developing its own strategy that is right for you. Did you find it this time, or simply want to alter another. The main thing is to define a method of trade and unquestioningly follow him. Of course, making sure his return.
6. Work on yourself and your emotions. Be professional, go for it! How to start trading Forex you already know, now you need to be one of the best, it's not easy. Find the motivation to work and do not make mistakes, then success is not long to wait!
7. Read my blog, I will try to give a useful material, which will help you! It was a little self-promotion.
If this is a new area for you, no doubt a lot on your shoulders. But I am sure that every person can achieve any results! The main thing to believe in yourself and work on small steps to move in this direction. Let them think that it does not work, start up and will fall ups, all of this will take place when you reach desired. Look back and be surprised at how quickly the time passed, how quickly you become a different person. Achieving long-term goals of human change, making it better, stronger. You'll be jealous of myself and be proud!
how to start trading the forex
Someone will read this article and begin to act on the plan, you know you can always rely on me to ask any questions! And someone will close this page, assuring himself that it was not for him, hard, etc. Who do you become?
Traders tell us in the comments how you started to trade on Forex? I think there are a lot of interesting stories.
Okay, enough philosophizing, it's time to finish this post. Subscribe to blog updates by email in the form below, so you learn to trade forex is much faster, because I give their subscribers the material, which simply do not have other sources! Or add in social networks, where I was able to announce the posts.
Good luck on your journey! See you!
There are unforgiving statistics: only 5% of traders consistently earn. What is the other 95%? Guessed ...
First of all, you need to gain knowledge and experience. This 2 determining factor for success. I can say with certainty that without these components can not be stably trade. All his attention, concentrate efforts in these directions. Now let's details.
How to start trading Forex? Instructions.
1. Take action! Begin to act, and not look for excuses. Get basic knowledge. Information in our time enough. If you're reading this, then you have the Internet, it is useful to you! Read books of successful traders, it helps to learn from their experience. Here is the article: "8 best books on stock trading, which I read," I advise you to start with the first two.
There are blogs, where you can find a lot of useful information. Read my blog - is great, keep going. At the outset it is important to understand the trading, to make out the first questions that they have not tortured (this will help "Forex for Beginners").
Look at forums, communicate with their stakeholders (eg this one). Just do not expect them to get first knowledge - is a good option. But be careful, because the forums are tightened, and the case remains unfinished.
how to start trading the forex
Small conclusion: read books, blogs and forums of traders. This will give an opportunity to get basic knowledge.
2. You need at least some experience of trading, because books will talk about things is not always clear. To understand what is written, you need at least a little to trade, to feel, how it happens. To do this, open an account with Forex, vAlpari recommend to open or select a company from a rating of forex brokers. I do not advise immediately transfer money, just look at the charts, understand how prices move, observe and take a look. How to get comfortable, you can put 300 rubles (about $ 10), it is enough to get the original experience. Important: to commit substantial funds to trade only when you are sure of the results!
Do not try to immediately make the main thing to understand how the entire trading process. Feel the emotion. Learn how to make deals, to remember the location of the buttons, etc.
A good option would be to trade with a counselor, yet enough experience. Trading robot can immediately trade profitably, and you will have free time to explore, to also be able to learn some of the nuances from the advisor, to see the real trade in action. I recommend to start to use this one, it is very reliable and requires no configuration.
In general, start trading forex, you could describe these two points, but I decided that the following information is useful to you. Read on!
3. Keep a trading journal. Remember all that you are doing is difficult, so much easier to write. Secure your transactions, starting with the first, it should become a habit.
how to start trading the forex
Then you will be able to "look" back and understand how to improve your trading. Believe me, a shopping blog significantly shortens the path to a successful trader.
4. Learn to trade systematically. This is the easiest way to accomplish the result. Most of the known system is traders. In the network a lot of different strategies, it is not necessary to look at the promise of big interest, but to test, to try to sell, look for "their" system - definitely "yes"! This will at the outset to have some sort of plan, and not put at random.
5. Develop your own strategy. When you have little experience, go in developing its own strategy that is right for you. Did you find it this time, or simply want to alter another. The main thing is to define a method of trade and unquestioningly follow him. Of course, making sure his return.
6. Work on yourself and your emotions. Be professional, go for it! How to start trading Forex you already know, now you need to be one of the best, it's not easy. Find the motivation to work and do not make mistakes, then success is not long to wait!
7. Read my blog, I will try to give a useful material, which will help you! It was a little self-promotion.
If this is a new area for you, no doubt a lot on your shoulders. But I am sure that every person can achieve any results! The main thing to believe in yourself and work on small steps to move in this direction. Let them think that it does not work, start up and will fall ups, all of this will take place when you reach desired. Look back and be surprised at how quickly the time passed, how quickly you become a different person. Achieving long-term goals of human change, making it better, stronger. You'll be jealous of myself and be proud!
how to start trading the forex
Someone will read this article and begin to act on the plan, you know you can always rely on me to ask any questions! And someone will close this page, assuring himself that it was not for him, hard, etc. Who do you become?
Traders tell us in the comments how you started to trade on Forex? I think there are a lot of interesting stories.
Okay, enough philosophizing, it's time to finish this post. Subscribe to blog updates by email in the form below, so you learn to trade forex is much faster, because I give their subscribers the material, which simply do not have other sources! Or add in social networks, where I was able to announce the posts.
Good luck on your journey! See you!
