Professional Forex. Secrets of professional traders
Today trading conditions almost all Forex brokers contribute to the fact that all new traders are in the same starting conditions. Players are provided with the most modern technical tools for trade - convenient terminal (MetaTrader), multiple indicators, scripts, Forex and advisors. In the terminal there are many functions - from the creation of new indicators to fully automated trading. Thus, the major players and private traders trade in identical conditions.
But the technical potential is only part professional Forex-of trading. Many inexperienced players pay too much attention to current events, losing sight of the overall trend. Professional highlights the most significant events in the great flow of information and not sprayed.
Trader-professional always has:
? the long-term goal.
? a clear plan of how to act when the price moves in one direction or another.
? record all of your transactions (with justification - why bought it at this price, why came out of the deal and so on).
? remains calm in any, even in critical situations.
? the determination to constantly learn, to adapt to the current market.
? persistence to rise from his knees after the failure and continue on your way.
Newbie:
? often in doubt.
? has no long-term plan.
? painfully aware of each error.
? not always make conclusions from their mistakes, often repeat them.
? nervous, easily excited, often at risk.
? doesn't have his own opinion, listen to the opinions of other, more experienced traders.
Someone sees professional Forex in corporate trading, when a large company or Bank has a full-time traders. But often, these traders cannot make their own decisions, entirely subject to the corporate plan. Such a trader trades with minimal risk, significantly diversifying investments for the company (Bank) the main thing is not profit, and safety of the funds. Private trader can always use intuition, a little bit away from the strict plan, if one feels that it is necessary at this time. The only thing that often private trader loses corporate - discipline. But it all depends on the personality.
Everyone has the right to decide how to trade as a professional, by setting goals and moving towards them, or as an Amateur-beginner, 2 days makes 100% of the Deposit, and on the 3rd day loses all the money. Those who chose the path of a professional will never regret that you chose this path, even if it takes a year or even several years. Stable profit and pleasure from the trading will be their constant companions. And quality acquired in the process will always be useful in other areas of life. We sincerely wish you to become real professional traders!
Remember that the profitability of trade is highly dependent on your chosen broker!
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