On the one hand, the term predicting, it seems, invented the field of fiction. In fact, predict the behavior of the stock market is possible. In the history of treyderstva, and it has been around for a long time, you can find a lot of different ways to predict the situation. Several groups of scientists, even compete with each other, there is a lot of controversy and doubt about the accuracy of a forecast. Some of the most experienced traders are advised to throw out all your emotions when you're on the stock market. They are only, at one point, you have shot down the right path to realize our plans interfere. If you really want to achieve excellence in this area, you often have to rely on the advice of more experienced participants in exchange for many years worked out the method, but simply to develop and use their knowledge and gain experience. Most traders use three different methods:
1. Technical analysis - compiled by someone graph showing the courses (quotes) in different currencies.
2. Fundamental analysis - chart showing the state of the economy in a given country. Such a schedule will help to understand the stability of a currency.
3. Information analysis - it shows the social, monetary and political news in a country. Political changes can dramatically affect the rates of local currencies, this can be a good play or lose.
Experienced traders can use the stock market, all these methods of analysis of market direction. They will help each newcomer to strengthen its position.
In fact, we can produce and their strategies, the only question is, is enough or not your
knowledge, practice and perseverance.
