Anyone who wants to earn money through the Internet, sooner or later drew attention to the widely advertised the opportunity to enrich themselves by working in the foreign exchange market Forex. Market Forex, is certainly one of the most affordable opportunity to make a fortune, starting almost from scratch.
The main reason for allowing the novice trader to earn big money with a relatively small initial deposit, is that the trader provides the leverage. Typically, leverage is 1:100, but some companies provide leverage up to 1:500. 1:100 leverage allows you to make transactions with amounts in excess of your deposit up to 100 times.
Earning a trader depends on the ability to buy a particular currency is cheaper, and sell more. Leverage increases the income of the trader in the same amount of time. It also increases the risk of loss. Fortunately, the trader can lose money in excess of the amount of his deposit. Himself a trader can limit the loss of special restrictive orders.
Different companies offer very favorable conditions for the start of the trader, providing for beginners comfortable trading platform for work on the Forex market through the Internet. They allow you to open learning accounts, offer an opportunity to open a real account of a few tens of dollars. The most common platform for work in the Forex are RUMUS, MetaTrader4 etc.
There are two basic methods of market analysis Forex: fundamental and technical. Fundamental analysis is based on an analysis of the economic development of individual countries, the impact on the development of macroeconomics wars, upheavals, revolutions, etc. This type of analysis is difficult for most traders, because they do not have the ability to receive accurate information about the development of individual economies. Another difficulty lies in the occurrence of unpredictable world events that affect currency rates. However, there are also quite well-known patterns that can be used to trade even for a beginner, for example, a military conflict is appreciation of the Swiss currency, since Switzerland has always maintained a policy of neutrality.
Technical analysis includes a graphical analysis and mathematical methods of analysis. Graphical analysis is based on that particular change in currency prices in the past are repeated in the future. Graphical analysis uses the concepts of shapes, which forms the trend line. To separate pieces of technical analysis you can use specialized programs such as Autochartist. By graphical analysis techniques also include candlestick analysis, based on analysis of the shape of candles to predict future price movements on the currency.
Mathematical analysis methods use different mathematical indicators astsillyatory and custom indicators. In today's platforms for trading in Forex, usually built all sorts of indicators, which greatly facilitates the work of the trader. Mathematical indicators and astsillyatory give signals to buy and sell currencies, allowing the trader to better assess the situation on the market.
For stable operation of the trader sluduet develop trading system or trading strategy, which should answer the questions: when you enter the market when it come out of what to make of the transaction amount, the amount of cocoa to limit possible losses. Technical analysis allows us to establish a strong trading system, which can be easily expressed in mathematical language. It is very important to create automated trading systems.
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