The human factor - one of the most complex and not understood by the people factor. Its sung in their works poets, musicians. People worship such feelings of loyalty, love and loyalty. Most people act relying on their feelings and experiences. It would seem that what is wrong with the human factor for the trader? The fact that he is very often the cause of failure in the Forex trader.
Everybody knows that the trader - a person who works in the Forex market and earn rate fluctuations. That transactions were profitable, the trader must thoroughly examine all aspects of the sales process, to develop certain tactics and hone their skills.
Here, too, need psychological endurance to go to the goal and to overcome all obstacles, and there will be many. To do this, invent individual trading strategy - a plan that will have to follow steadily, to be successful. If the trader can overcome a person in trade, for it will not be any obstacles to success. But will have to overcome serious of the enemy - himself.
Any trade is one law - someone loses and someone finds it. Exchange trade - it is an endless exchange of currencies. Since Forex is not very constant phenomenon, the trend on it very often change, and you have to constantly change tactics of trade, so as not to "merge" the deposit. Observation and analysis contribute to the analyst, watching the news on the stock exchanges and financial sectors. Some traders operate exclusively on analytical expert, who by and large do not care, someone wins or loses. Their business - to analyze, and then they do not care.
Here and there the very human element. Some traders believe blindly in what outsiders think, others gave way to doubt or do not take into account what was said. That is - faith, not faith. But it is important to realize that many people, so many opinions. The predominance of one can affect the market on the, that is, the form of the "herd" motion. And here we must soberly assess the true state of affairs, and not to give in to panic.
If the trader did not manage to overcome their feelings, a good alternative can perform automated trading, which recently popularized almost Forex brokers . This type of trade involves the use of special programs - experts (advisors). This small program can trade with almost no intervention trader. Based on these indicators, they decide to open or close positions. It would seem that this is it - the golden solution - put the program and watch the money dropped on the bill. However, relying entirely on automated trading is quite dangerous. Yes, the robot has no feelings, no fear or doubt: it acts on the script. But forex indicators can give false readings, thus confusing the advisor, and this may affect the success of transactions.
Unfortunately, even the best software for automated trading can not guarantee 100% success. It can also be sent. Here, again, takes the stage the human factor. Man can once again plagued by doubts: "It may do so ... But, no, bad, must be so ...". Automatic trading must also be consistent trading strategy produced by man. Man must complement of the robot to get it to work right on a given algorithm.
Everybody knows that the trader - a person who works in the Forex market and earn rate fluctuations. That transactions were profitable, the trader must thoroughly examine all aspects of the sales process, to develop certain tactics and hone their skills.
Here, too, need psychological endurance to go to the goal and to overcome all obstacles, and there will be many. To do this, invent individual trading strategy - a plan that will have to follow steadily, to be successful. If the trader can overcome a person in trade, for it will not be any obstacles to success. But will have to overcome serious of the enemy - himself.
Any trade is one law - someone loses and someone finds it. Exchange trade - it is an endless exchange of currencies. Since Forex is not very constant phenomenon, the trend on it very often change, and you have to constantly change tactics of trade, so as not to "merge" the deposit. Observation and analysis contribute to the analyst, watching the news on the stock exchanges and financial sectors. Some traders operate exclusively on analytical expert, who by and large do not care, someone wins or loses. Their business - to analyze, and then they do not care.
Here and there the very human element. Some traders believe blindly in what outsiders think, others gave way to doubt or do not take into account what was said. That is - faith, not faith. But it is important to realize that many people, so many opinions. The predominance of one can affect the market on the, that is, the form of the "herd" motion. And here we must soberly assess the true state of affairs, and not to give in to panic.
If the trader did not manage to overcome their feelings, a good alternative can perform automated trading, which recently popularized almost Forex brokers . This type of trade involves the use of special programs - experts (advisors). This small program can trade with almost no intervention trader. Based on these indicators, they decide to open or close positions. It would seem that this is it - the golden solution - put the program and watch the money dropped on the bill. However, relying entirely on automated trading is quite dangerous. Yes, the robot has no feelings, no fear or doubt: it acts on the script. But forex indicators can give false readings, thus confusing the advisor, and this may affect the success of transactions.
Unfortunately, even the best software for automated trading can not guarantee 100% success. It can also be sent. Here, again, takes the stage the human factor. Man can once again plagued by doubts: "It may do so ... But, no, bad, must be so ...". Automatic trading must also be consistent trading strategy produced by man. Man must complement of the robot to get it to work right on a given algorithm.