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Free forex training

Free forex training


Where, as a rule, begins her journey man who just learned about forex trading and kindled a desire to profit from speculation? Someone's coming to the forum and starts asking a lot of questions "guru" who is downloading from your favorite torrent site terabytes of video, hoping it all to "digest" and some (a few) begin by reading books, guides the famous trader. Do not forget about the courses offered by known dealing centers for beginners. Which approach is optimal?
The secret is that everyone is right in their own way, but often makes the same mistakes. By and large, is not as important to begin. It is important to have a basic knowledge, understanding of the key drivers of the market. So right now, we'll take 5 steps that will be the foundation, thus the test from which molded the future successful traders.

Step 1. Download and install on your computer the MetaTrader 4 (a basic platform for Forex trading)
Step 2. Learn video tutorials, how to work with MetaTrader 4 Client Terminal
Step 3. Reconnaissance. The first 2-3 months on a demo account are working on trade. Go to section "Forex Strategies Video", choose your favorite strategy and according to the instructions begin trading.
Step 4. Parallel study technical analysis, without it anywhere.
Step 5. Need to educate themselves and improve themselves. There will come a time when an entry point to a lucrative deal you'll see, here already start some serious money on the forex market.

What are the common mistakes in the learning process of trading?
1. lack of mental flexibility and adaptation.
2. lack of clear purpose.
3. lack of accountability for their actions and trade in general.
4. omission or move forward at the pace of a turtle.

Lack of mental flexibility, adaptation

The first thing that needs to change the trader took the path of a Stock Operator - your mind, your thinking. The market does not need thinking economist (not enough) or an ordinary person (too simple and predictable). Trading is an intellectual game, and thus remain in the win or the smartest, or the people who know the psychology of thinking of other players and to anticipate their actions. Only the so-called "Archetype speculator" will be able to receive a permanent income in the foreign exchange market.

Acquire new knowledge is simple - it can make anyone with average intelligence and desire to learn. But assimilate the knowledge gained at nearly reflexes - it comes with practice or never.

Only considering the market from this point of view, you will be able to remain in the win.

Lack of clear goals

Everything is clear: there is no purpose - no progress. The fact that the possibility of Free Forex Training contributes to a lack of purpose. After all, the trader would not pay - why bother? Aimless wandering from book to book, from site to site to nothing lead. How much you want to earn on Forex? What trade do you like - scalping, long-term trading, CarryTrade or advisers? How much time are you willing to spend on the actual trading and learning itself? These and many other questions you need to ask yourself at the beginning of training. Preferably once a month once again to revise their answers - during practice all will succumb to a natural correction.

No liability for your trading and actions at all

One of the most common mistakes, especially at the free forex training, when there is no strong incentive motivation. Much in trading solves self-discipline, thoughtful, deliberate approach. Often a trader hit on the idea, then did some work, something did not work, let it cool down and cast aside trading away, "for later." And someone at the same time earns another hundred or a thousand dollars.

It's hard to start taking yourself solutions in trading, especially if before doing it infrequently in real life. But it does so this trader - it may be wrong, but clearly knows that it's his decision - to trade in this way. Need to be aware of what and why you're doing, follow the algorithm strategy - so the chances of success are greatly increased.

Human psychology is such that it tends to get even a short-term pleasure and avoid any pain. Therefore, to take responsibility so hard, but only the beginning. When you close a few trades, feel the first success - you will realize that the responsibility of the trader needs as anyone else.

Want to trade profitably - get used to account for their actions. Useful both in trading and in life.

Omission or moving forward at a pace of a turtle

Very similar to the previous item. Absence of a strong motive can be a significant obstacle to profitable trading. Need to orient themselves, their goals, their desires. Focusing on the other, at most - not achieve anything.

We can not say a few words about forex training free of dealing centers in big cities. There are 2 options: full-time with the presence of the trader at the lecture (seminar) and remote. Both methods such training free Forex nice and comfortable. Live in a big city - come to the seminar. If not - we have the internet with his teleconferences and webinars. DC need traders who are long-term trade, bringing the broker profit from the spread.

It is not necessary to suspect a broker of all mortal sins - more rarely heard that some broker pocketed the funds trader or somehow differently deceived his client. Trade through the well-known and reliable Forex brokers such as Alpari - And no problems.

So to summarize. What a way to free forex training you choose - do you remember about making mistakes and try not to step on a rake. Yes, free forex training is possible, but you want to learn how to trade profitably currency? So do your best to get the most - and then you will have more freedom.


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