How to win at forex?

Profession trader forex market in terms of professionalism is no different from other professions such as marketing, construction worker or a doctor. If someone thinks that trade on the Forex - a light craft, then it is very wrong, and these errors can lead to significant financial losses. As in other professions, professionalism, here comes after several years of training and long practice. It is therefore very surprised by people who think that they will tomorrow become the new Soros or Buffett. The situation is complicated by the fact that training on forex trade virtually non-existent. Hard to believe, though many believe that the courses for $ 100-200 dollars, you can learn how to earn millions. But in such a case arises a natural question: how did learn how to win at forex.

First, we need to actively and at least one year of training at the trade account, which offers nearly every Dealing Center.

Secondly, look for its methods of market analysis, as those described in the literature of mass, set up mostly 30-70 years ago, and forex market information society also differs from the post, as scores of handheld computers.

If you discard a fundamental analysis of forex, which is suitable only for large institutional investors that can contain its own analytical department, it is only a technical market analysis forex, which by its nature is to find recurring patterns of combinations there.

Virtually all technical analysis can be reduced to a pattern as figures and graphics, and signal indicators for forex - are merely repeated a number of combinations of price, or its derivatives.

It is these patterns is the key to the market.

Methods of market analysis is quite simple:

1. To begin to track what features the market forex trader wishes to trade. Suppose it is a moment of strong pulsed movements.

2. After that, it is necessary to collect the maximum stats for this period of market and highlight the periods that preceded the powerful movements.

3. Classify the period prior to the strong movements and make them similar to the templates or patterns.

4. Describe the formal algorithm for determining the patterns found, for example, in the language of Trading Language for Dealing Desk

5. To build the trading system and trade quietly, earning revenue.

As a rule, in search of the winning combinations, grinding trading strategy takes more than six months and this is - on the fastest way to learn how to win at forex.