Before you open your first account, some doubt for a long time - and not whether they will lose all the money? Other open the account in order to quickly and fill up and add to it. Become a foreign exchange trader today is incredibly simple. You only need to open an account online and transfer money. Also, without leaving the couch. But only after the lapse of time, we wonder - how to become a successful trader?
First question - is the broker. Argued that the broker has no interest in a successful trader. Maybe so, but trading for five years with a known broker, I did not notice. Not to say that I am a very successful trader, but I did not lose money. And sometimes increase them. Perhaps my experience will be useful to you.
And so. Defined with a broker, find out if he has any training. We strongly recommend you take a training course. "Self" will be much more expensive. During training, you will open a demo account. And all the theoretical calculations oprobuete on it. Of course training course will not make you successful. But it will give you the basics of craft. The foundation on which you and will grow.
The second stage of formation is to develop its trade glance. Their individual shopping preferences. And on which you build your own trading strategy. It will take time. Take your time. For the development of your strategy will take time. In training and searches. All this is desirable to conduct a training run. Trading on a regular basis, study statistics of your transactions. One more point. The size of the school account must match your original real investments. And the first money to be small. Let it be 100 or $ 200.
In the process of testing your demo account, learn the specialized literature. It is best-known essays traders. In them you will gather invaluable experience of people who have already achieved positive results in the market. And here comes the moment of opening the first trading account.
Do not open it easily. Enter the amount that is not afraid to lose. By now you you have a specific trading approach. You ask me the difference between trading with real money from virtual? Psychology! It is a science that you will need to learn with real money. And not only learn, but often quite fundamentally change themselves. But if you decide to be successful - go for it. Do not hurry. And if you're ready for this - the success of your visit.
