It Is Impossible To Be The Successful Trader? What’s The Problem? Final Part
So let us talk about trust and acting, it is necessary to be specified to what exactly to trust and how to act. Here are a lot of variants of that. Actually a choice of trading system is not the most basic in trading. The system should not take a lot of time to understand it, so it should be simple enough. And, secondly, you should it trust. That’s all. And as you will trade, with MACD or there breakdown-release it isn’t too important. You cannot believe to me. But almost all existing popular trading systems do not work badly. They can be found in any book on trading, to choose the most congenial and to start to trade, act. With it all is simple.
And here with trust all is much more difficult. How to learn to trust the trading system? It is a long and difficult way. To begin with thoroughly understand with the trading system, find out, as well as why it works. In what there will be your advantage before other players. Having convinced of viability of system you should pass to check of its efficiency. For this purpose it is possible to look at stories, as though you traded on this system. Then the trust of system should wake up? Not absolutely? Then we will try to trade in real time and check this system out.
Get to itself a demo-account, and it is even better small, but present, and try to trade. Try – instead of trade. It is better to begin with “micro prizes”. The small sums won’t enter you into stress conditions. In due course, you will start to trust system, and will leave attempts it to alter. With increasing trust, it is possible to increase and positions. Only watch, that to you it was comfortable to trade.
If you are nervous, worry and worry too much, having an open position, that, possibly, its size while is too great. If you the first time come to a gym it is not necessary to take at once a bar of 100 kg – it will press down on you! There begin beginners with a signature stamp and on the sly increase weight in process of body training. As well in trading, it is necessary to begin with small transactions on volume and to increase their size in process of increase of you practicing. Don’t hurry up. To merge depot is never late. Money not only doesn’t smell, but also doesn’t go out.
So you should approach to stock market trading with whole responsibly and then you not only can earn well, but also fall in love with the work. Good luck to you.
If you want to participate in forex trading should start from learning the basics of this market to make sure you do not experience problems with this industry.