How to earn on Forex




Oddly enough, earn forex trader is not so difficult, it does not need to have special education and be a millionaire.
Trading on the forex market is directly related to exchange rate changes. The quotes of the national currency affect the political, social and economic changes in the country. Trader takes into account all these factors and makes a profit by buying the currency at a lower price and selling when the rate rises again.
The participants of the foreign exchange market can operate on the amounts in the hundreds of times greater than the value of their deposit. This is made possible by leverage afforded by the selected trader brokerage company. The magnitude of leverage varies from 1:10 to 1:500, respectively, using this service, you can count on the forex market to earn an amount many times the amount on which would count only disposing of their own funds.
Begin work on the forex can be online at any brokerage company. To do this you will need to choose a trading platform and open an account. Carefully read all the bills - each designed for a user with a certain level of training.
Newcomers in the currency markets before opening a real account, it is recommended to open a training demo account. This will allow you to try your hand, learn to work in your chosen trading platform and analyze charts, and an opportunity to develop your own trading system, which you will guide the work on real accounts.
Four commandments trader:

    
Know the basics of technical and fundamental analysis and be able to apply them when working at Forex.
    
Open an account forex, develop trading tactics that can accurately select the time for entry and exit.
    
Comply with the rules of capital management (Money Management).
    
When transactions are always guided by reason and not emotions.