viernes, 19 de febrero de 2016

How I can invest in the forex market??

Before seeing how you can invest in the forex market, we must make clear the challenge. Investing in this market is to assume an increased risk of capital loss, since competition exists and the difficulty of mastering the fundamentals of the forex market, make the investor will have to deal with losing streaks, continuous frustrations and situations of uncertainty that will make the doubts are always present, therefore, we must be clear what the advantages and disadvantages of the forex market.

These are the stages through which the trader must pass to be known as an investor and try to dominate its operations.

Training as a starting point

Before facing the market, the trader must be fully trained. To do this, you have to let laziness aside and try to read the best books and forex trading to learn the fundamental concepts of technical and fundamental analysis, as well as the experiences of other traders.

Understand how

As they progress through the stage of formation will arise doubt about the more complex aspects of the functioning of the market and what are the agents that compose, brokers, banks, etc ..., and what is the behavior of each.

This phase is crucial because, if we know how to behave in each of the actors in the market, we will be better prepared to deal with possible eventualities that may arise.
Find reliable sources of information
Keep in mind the important role played by central banks and the functioning of the economies of the countries that have greater presence given the importance of their currencies.

Keep in mind that the future of each currency is marked by the economic policies pursued by these institutions, as both a monetary injection, a rise or fall in the interest rate or a correction in employment or the expected growth, can make economic policies are changed and this will mark the exchange rate of the currency against other currencies.










Owning the necessary equipment

Depending on the type of trading you make will need more or less flexibility when performing the operations, but you should still from at least a minimum equipment that allows you to not take unnecessary risks.



A trader should have a good internet connection that is fast and reliable, a computer that meets the requirements for guarantees to use the trading platform of choice (JForex, metatrader, ... etc) and if you experience outages could usually be must purchase a UPS (uninterruptible power supply) to avoid losses because they can not cut an operation on time.

Choosing the right Broker
This is an important decision, choosing the right broker who will make you avoid unnecessary risks and problems. Some of the factors you need to consider are: where is regulated broker (which institution is supervised), if you have support in your language, what type of broker is an ECN, Market Maker and if it is well suited to the way you operate or what trading platform offers: NinjaTrader, Metatrader, JForex or another.

Throw many hours a demo
Before deciding to trade in real time and risk your money you must test your system, and it comes in handy demo accounts offered by most brokers. Try everything you need before risking your capital and not be put off by impatience or desire to enter operations in real.

Open a real account
When you already know the broker you want to work, you can begin the process of opening the real account. When opening the account your broker will ask a series of documents to verify your identity and to prevent money laundering.

After opening you must enter the funds that you will make your operations. Remember the risk to your principal these investments and keep that in mind when deciding how much to invest.

Adaptation phase
Note that to start trading real pass through an adjustment phase as raisins operate demo play money to make risky operations in real part of your funds and, therefore, appear questions that were not present in the demo. Little by little you will adjust to this new situation.

Analyze daily
In addition to strictly carry your trading system you should analyze all transactions you make to go debugging errors that have not previously detected in your system.

To carry an orderly analysis of your operations you should keep a diary of trading for records all relevant data of your operations and also attach a picture of the operation to visualize more clearly how the market was at the time.

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