Above all let us know dealer currencies journeyman, "Dai Auto." Bom interested? What are the temptations that pulls individuals to the profession. Profession? Yes profession like other professions, and perhaps the most exciting ever, and most cause for commitment, credibility and courage and steadiness. In March this trade without making it a profession, it is converted into runs a game Roulet, which relies on luck, first and foremost, if it affects more than disappointed. Journeyman trade in currencies is one Brooker company, or bank, or any other financial institution, operating in the stock market and looking after their interests.
But we can add to this definition, another definition provides another category of traders these self-employed personal and risked their own money in order to obtain certain profits from their business. These are the category that matters in our conversation, what really pushes them to practice this profession? Alterayder is the master himself : live anywhere, work anywhere, without the worries of superior and subordinate. Besides, and this is perhaps the most important factor, this work provides those skilled possibility of providing huge profit in one day is not provided by any other action. The requirement to be available in the course of each working conditions that lead to this success. Otherwise, the bitter taste of failure, God saved us from it. Perhaps what distinguishes currency markets trade on other markets.
Is it provides the possibility for the dealer to achieve a profit in the market as the slope in the market high. In contrast to the stock markets, where only the high-profit market, and control the loss Palmtahaml low in the market. But, on the other hand dealer must abide by this market without having to race to be a weapon of defense and attack; He must have known, and taken into account the possibility that the very high here that the market takes it all they have become subdued him not around him no strength. While it appears that the opportunity for each dealer with experience that he can gain 500 or 1000 dollars in one day, and capital does not exceed the $ 1000 only. Yes, this is true. Two types of traders : There are two types of traders : technical trader and merchant statute. Take both methods oriented to the particular trade decisions. The basic analysis focuses on the inner causes of price change (economic data and results, market news and political news), but the technical analysis examines price change itself (analysis graph, and other indicators ..) -
A technical analysis : The technical analysis focused on the price change. The history of currencies used to anticipate the future trend of prices. A method of studying the movement of the currency is only needed by the merchant trade for a decision. The primary tools of technical analysis are graphs. Using charts to determine a tendency to look for opportunities to profit. The main point in technical analysis is that the market has viability Inclination (increase or decrease). Key technical analysis is the ability to identify trend forecast.
B - basic analysis : The analyst or trader statute focuses on the strong economic, social and political vision that is leading the movement of supply and demand. Analyst statute to consider data such as rates of economic growth, interest, inflation, unemployment and other ... Expected results on the movement of currency. Technical analysis or statute? ! ? Most traders make their decisions was the technical analysis because it is not needed for hours studying. Technical analyst that could be followed by several currencies at the same time. But on a currency analyst basic certain data for several influential single currency. For once technical proficiency how can the merchant to control the market and the types of currencies traded. We all we want true champion like you, but what do you think the youth
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