It is often said that trading in the financial markets is like a roulette game in a casino. If you guess - you win - if not, your money will go to broker.
Some people becoming traders relying on their luck. They are reckless in their actions do not track trends, do not analyze the situation on the market and make decisions based on their hunches. This matches the behavior of players in gambling. The final result of such traders is always the same - they lose much of their deposit and stop trading due to the fact that you can't make profit in the financial markets.
In order to trade on the financial markets to be profitable, it is necessary to perceive the processes in a right order. The first step is to abandon association with gambling. It is advisable not to use even in the speech of the phrase "playing the market", "play on Forex», «financial instruments to play", "play currencies."
FOR SUCCESSFUL TRADE TO YOU HAVE TO LEARN A FEW POSTULATES:
- Financial markets have nothing to do with gambling. Exchange rates and the value of other assets is not dependent on the accidents, but it is the result of a combined effect of the most variable economic factors.
- It is impossible to make stable earnings in the financial markets and rely on a fortune at the same time. You can not become a successful trader without understanding the economic processes taking place in the markets. Ability to understand the patterns and make correct predictions is the key the success of your business.
- It is important to keep one's head and not succumb to passion while trading in the financial markets. Therefore, a trader needs to know how to dispose of capital and control your emotions and know the psychology of trading.