We will talk in this article about some of the stereotypical images that stick in the world of Forex trading. We will begin to talk about what stereotypes? Followed by a talk about some of the stereotypes that are associated with Forex trading. The images typical of others based on the evidence and the evidence we can not be adopted as a guide for our actions in the Forex trade. And you have to remember that he and as forgetting the scourge of science, so the scourge of stereotypes of thinking.
Stereotypes are false ideas about the thing, and between everyone accepted as facts without resorting to arguments or evidence to prove those facts, it comes as a result of universal blind to some of the ideas and actions that have been successful by accident. It is difficult to convince people to change these stereotypes. They include all kinds of science and all walks of life, you may have a stereotype about your neighbor he was stupid because he acted in one of times before you stupidly, and then attempts meant he holds graduate degrees, and has a prestigious center in his work. Through this you you have acted and got one chance and dealt with him on that fact and did not Tlji the evidence that proves that idea that you took for your neighbor. This is where a lot of Forex traders in the market, where they take have some behaviors and ideas in forex trading, and mind with the facts it is not more than just a false stereotype.
As now Fsnthdt about some of the stereotypes associated with trade in Forex:
Is the first module in the Forex Trading: intraday trading is more profitable.
This idea is fairly stable in the minds of many traders, but the construction of this image was the result that many of the traders who trade in small amounts using this method where the price fluctuations large may take them all the amount invested due to the small size of the amount, it could not seize the opportunities in the long run, and therein lies the power of the volume of the amount invested can seize the opportunities in the long term has get Statistics losses in the beginning If the size of a large amount invested, can afford these losses in order to reach the desired gains over the long term.
There is another reason led to this stereotype is that most traders do not assigned themselves the trouble to learn the history of the movements of the pair before the opening trades, and this is one of the key criteria to assess the pair and predict price movements.
The second stereotype in Forex Trading: Forex trading process very easy for anyone who wants to get rich quickly.
It is true that trade in the forex market an easy process in terms of the completion of the deal once the push of a button transaction takes place, but it lacks a lot of things that must be reviewed before the completion of this transaction, which follow economic news and analysis and read the market and the political situation and economic development of countries and read the technical analysis and other things that You should take into consideration before you press the buy or sell button. And you should not be fooled by some of the brokers who are trying to make you invest with them, they are not more than the mouths of, discourse Free. You have to choose a Forex broker carefully, and make sure that it controls, the broker guarantees you the right atmosphere for investment as provide you with the information necessary for economic investment such as news, technical analysis, and provides you with the opinions of experts who work with him.
Third stereotype in Forex Trading: success in the market is produced through act in a manner adverse to analyzes and forecasts.
This picture rolling the novices in the forex market, has resulted due to the inability of these traders to read the analysis and expectations properly. It is on the other hand, the expectations of analysts in large companies can be used to increase accuracy in predicting currency prices. However, such predictions do not yield positive results for beginners who do not understand the mechanism of trade. You can not play the violin without you own the ability to read musical scale.
These are some of the stereotypes in the Forex trade, and always remember that it is not only false ideas resulted from random circular blind. Thus you have to go beyond and reach the proper way of thinking of trafficking so that you can achieve gains exceeded losses in the currency trading market.
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