What you must understand first of all, if you want to learn to trade Forex profitably

The first thing that novice traders should understand this fact, but what actually is the essence of profitable trading in Forex? Of the hundreds of respondents me a hundred new users all are equally responsible. The essence of trade is that a correct guess (define), which will be the exchange rate. Admit, when I started, I think so too. But it is fundamentally not a correct understanding of the essence. As long as a trader because he never talks to learn how to trade profitably.

The main task of the trader does not determine where to go the course and during a see, where did he go and stand on the motion. «Define destination,» and «to see where to go» - these are two huge differences, let us investigate in more detail what they are ..

What would understand, as described, for illustration, let us imagine a situation. You came to the railway station, and waiting for departure in a southerly direction. But at the station at this point is worth a few trains, and which of them, which will be unknown. Do you have in this case, two outputs:

The first - to sit in the first got the train and rely on luck, and suddenly you're lucky and you have to guess.

Second - to wait until what may be the train begins to move in a southerly direction, and yet he has not received the course, jump into it.

Now the situation described above, let us put on the market. When a train standing at the station is Flat. Where will the price we do not know. And we again have two options:

Either enter the market at random, and suddenly we are lucky and guessed. But then it is no longer trading, and playing in casinos. With the same success you can go to the roulette wheel and bet on red, black.

Either wait for until the price begins to move in any direction, and go with it.

You must clearly understand the difference between the first and second option. And never engage in divination, but always purposefully enter the market with a view to taking a certain movement.

A careful look at the structure of the movement of any currency pair, we can see that the price moves in the market from level to level. Ie, there are parts of the market price which flies in one fell swoop, but there are places where the price can fluctuate a long period of time, while at the Flat. These fletovye parts market and is the same station, between which the price goes. Only our goal, to determine in which direction the price has gone, and go along with it to the next station (the level).

That is, in fact, all trade in the market confined to determining the beginning of motion, the calculation of possible targets, and exit the market at the end of this movement. And this is not a simple case, we very well help the technical market analysis. But the main thing here is the correct use. Avoid using technical analysis to guess where the price goes, this account even if you do not give. Your task is to see the state of the market, calculate the possible options for movements up or down. And calmly wait until the market does not go to one of the options. The most important thing is that you do not care where the price will go, because where would she not go, you go for it and earn their money.

In conclusion, of course, it's not as easy as it seems, in fact, that would correctly identify the beginning and end of motion required a good knowledge of technical analysis, and most importantly a good experience of trading in the market. But what would all this gain, in the beginning you should understand clearly the most important - the essence of money not to go Guess where the exchange rate, but rather to see where I went a course and go with it.