Posts Tagged ‘investment’

Forex – Freebie or Scam?

And so, what do you think, what is Forex – Freebie or Scam?
Why question is that? Yes, because it is a basic opinion of all others, who somehow came across the Forex market or that view their familiar colliding with forex and has put a stigma for them in this financial market.
1st opinion:
FOREX – is uniquely Freebies!

A typical case:
You come to any DC and you are shown (a deal in 2 sides) and tell how easy it is to trade and make a profit on forex and all that is needed – only know the direction where its sign (!!!) and deposit (which so far are silent) without which the trade will not work of course.
But that’s just a trend – Try to guess!
FOREX – is a Freebie!
Or maybe you just saw a huge number of advertisements on television, big boards and etc. and decided, why not? They say it’s cool – to be a trader, “white collar” – you can tell the elite. Terms of unemployment, and you then own business, there are no chiefs. All you need to – take your 10 points (4-x mark per day) 1 lot and already $ 100 a day! A month is already $ 2000 – and you can not work – cool !!!
Here it is and a freebie …
Or even if you have no money – no problem! DC you will find the same investor that will allow you to trade his money and you will receive 30% of the profits – is not a freebie? And only need to take a course and start trading.
Actually happens sometimes, but sometimes, mostly DC just interested in you as a trader who pays for the training, which is a potential client, open a trading account, and they will receive a commission from your transaction and all of which would not, if DC is an honest and not trying to assign your money in any way (which can sometimes be found) … And the investor will – you are lucky, if not – you will open an account for yourself just as you are “sure that everything you know” and forex you subservient.
And a lot of this and peck, peck, and so I …
2nd opinion:
FOREX – is a scam / divorce!

Forex – Freebie or Scam?
This is the opinion of those who waited for that forex freebie, but obzhehsya … Or is it not your own opinion, but the opinion of friends and relatives of those who lost money when trading in this financial market and of course all said – that there are deceiving and do everything to take your money.
This is a very popular opinion, we have wherever you are lost (even if the fault of their own) – is a scam!
And now, in fact, the reality is:

In fact, neither the 1st or 2nd opinion on forex is not true!
I agree that there can sometimes be and not having the knowledge to make a deal and make a profit, and more than once.
I agree that this is not an easy market in which money is all rowing shovel and all their just handed out.
But it is possible that some unscrupulous DC forex cheat in some cases beginners.
But basically: Forex – a market that just takes a newcomer to the means of their own weaknesses!
That is why, before you come to forex trading, you need not just watch commercials and “take to deceive”, and try to appreciate the sensible reality.
Namely, answer the questions for themselves:
1 Why, if everything is as easy as they say in advertising, you do not see around large of number of successful traders? And indeed why not all about the rich, but on the contrary?
2 What you risk, and most importantly what you are willing to take a chance, if you really want to become a trader? Find out what risks lie in wait for you!
3 Do you realize that in each case, the business class has its pitfalls?
4 Are you ready to overcome all these obstacles?
5 If it is a financial activity and it is possible to become a rich man (secured, millionaire etc), then do not you think that in order to become them, you need to learn a lot ???
6 What do you want from forex – a quick profit or secure future (though maybe not right away)?
If you are faced with the notion that forex – scam, then:
7 Ask them the same questions, and most importantly find out whether tried trader, lost a little bit of money to learn to trade ???
8 Does it just a little bit guilty or blame themselves all around (broker, turned off the light, the internet, someone posovetyval etc), and he is not?
9 Why scam the whole vast structure called FOREX and not the perpetrator himself?
I think you get my hints and now I want to give an objective assessment of the forex market, traders estimate that has gone from a novice, was losing money and did not know how to do to make money in this market, to the experienced trader who makes a profit on forex for many years.
And as FOREX – is:

1) First of all, a business and you need to treat it that way. There are no bosses, costs in the form of rent, delivery and etc., but here you are your own boss and only on how you cope with your ego and will determine whether you are successful or not.
Forex – hard work!
2) Forex trading, this activity, which is required to learn and practice! Without an understanding of what’s going on, not what to do here. You can 1-2-10 times a profit, but in the end without a system of trade can lose everything you have on the trading account.
3) One of the financial markets in which anyone can come and test their strength, to understand this lesson fits him or not (as here deposits from $ 1 and free access for all). On the stock market, you will not be able to trade with $ 1,000 needed deposits 10s and 100-thousand dollars no! That is why forex and one of the most popular markets.
4) On the forex does not give out money to anybody, here they need to make their mind and even psychological mood and on how you yourself will be monitored and the result depends.
5) On the forex more than 90% of new traders keep losing money because of his inexperience! Due to not wanting to teach …
6) If you and will want to really learn and become proficient Treder, you need to learn and practice on a minimum score (cent accounts forex) and believe me, 10-100-200 dollars would be enough to understand the score for forex and are you ready continue to trade.
7) The forex market is really possible to earn a living, make a fortune, at least to become an experienced trader and earn 2-3 thousand dollars, but it needs and capital 5000-20000 thousand dollars. And we’ll discuss this with you in the next lesson on forex training.

How to start making money on Forex?

Many new traders are wondering how to start making money on Forex, believing that there is some magic recipe that leads to success in a matter of days, but it is not so. Work on the Forex market requires a serious approach – learning dating with all major activities and functions, the laws of the market. Only the desire to learn something, commitment, continuous improvement of their own skills can provide stable income.

First of all, coming to the forex market, a trader must pay serious attention to training. Forex training can be carried out in many different ways and methods (training, specialized literature, articles on niche sites, video courses, etc.), but the main problem is always the same – the trader must understand the operation of the foreign exchange market, to meet the basic terms and concepts, to learn software, important features and options to learn how to make deals.

As for the beginning of the work, to learn everything you need to come on Forex, open an account and start trading, it’s easy. It’s enough to see some video courses on the topic, check out the tips Forex beginners, several articles. But here in order to provide a truly high earnings on Forex, few know how to perform basic functions and know which buttons to push.

To start earning income and improve without fear in an instant to lose everything, the trader should be very well versed in the market. The trader must be able to understand current events in the market, to know what makes you move the exchange rates to be able to separate the important information from a minor to work with analytics, perform technical analysis to make predictions.

Technical analysis will provide an opportunity to understand what is happening in the market at the moment, the fundamental factors affect the price changes in the long term, and together the two types of analysis make it possible to time enter into transactions for the purchase and sale of foreign currency, to predict future changes in the price and earn. Talk about many important activities, functions pomozhetForeks instructions.

Forex market to earn only gives those who are not too lazy to pay attention to the time of each component of a successful trade. It is also important to learn and cope with their own emotions – even the ability to perform all the tasks successfully predict changes in currency, a trader can lose everything, unimpressed. Some people are too afraid and close the deal before they begin to make good profit, other traders greedy and do not close the gap in time, losing all their money.

In order to successfully trade in the Forex trader must learn to never give in to emotions and feelings, make decisions only on the basis of the facts and a sober assessment of the situation, even if the deal brings a great loss, and no hope: the situation could always be worse, so with a loss transactions need to be able to work without emotion.

Good trading on the forex market is impossible without careful planning, the ability to control resources. The trader must calculate in advance all, create a trading plan, specifying the amount of profits and losses, which are optimal for him. Risk management involves the use of Forex transactions in only a portion of the deposit. Even if a deal seems very reasonable, it is not necessary to invest a lot of money as the forex market is volatile, and at one point the situation may change.

In a transaction, you can use a small percentage of your deposit, so that even in the long series of losses for the trader was, with which to continue. As a rule, in one transaction using an amount not exceeding 5.1% of the total amount of the deposit. This will ensure the safety of the deposit and to protect themselves from collapse.

To learn how to start making money on Forex, written many books and articles, filmed video materials. But every trader, for the first time coming to the market, finds his own way to success. The main thing – do not be afraid to learn, to work seriously, constantly improving their own skills and abilities.