Currency trading - with novice and professional when

Currency Trading - When novice and professional when

There is a clear difference between the currency traded at beginners and traded at professionals, and in this article we will go into the difference between the two methods, in addition to how to convert merchant novice to professional trader in the Forex market or what is known in Forex. Trading that generally requires certain qualities available in the duty trader, these qualities do not inherited but are acquired from experience that comes to the person with time, and so the novice trader can learn Forex later to become a genius in this area.

You might think many traders freshmen that features enjoyed by professionals is something elusive, especially at the level of understanding of the analysis, but that is a fantasy, the learning and patience sponsor converts any human being to professional trader with all sense of the word, regardless of how intelligence Profile the dealer, many of today's professionals were starters yesterday, and so on, so you should not despair or lose hope in the forex trading market.

And get back to our main topic in this article, but the difference between the trading method for novice and experienced traders, and in the following several differences between the two trading this. Fbaqrah professional trader relies on these qualities.

First: emotions

The first difference between the two types of traders is that the merchant professional feel to enjoy at the stores, it excludes from the list of goals enjoy trading but adds to profit, while the merchant novice did not feel this feeling, but that his goals are limited to only profit, and therefore there is no objective Catalyst him to trade only profit, and therefore, there are catalysts for the professional dealer stores, not catalyst and one novice Knzirh, so the currency trading is a challenge for professionals alone, and enjoy greatly because of it especially when you win. We must here dissemination of this topic on all areas of life then you can look for anything in your life as a challenge and you have to accept it and win it, so that you will give to your life real meaning. As for the feeling of fear, the fear is facing many traders during trading, Vmhaar the fear controls the rights in general, especially when it comes to the loss of the money that is the lifeblood of human beings in general, you should also override these feelings.

Second: Planning

It is the most important things that a professional trader takes into consideration is planning, in currency trading is to measure the possibilities and increased accuracy is imperative in the planning process. To do that you keep in mind that planning and measurement possibilities and preparedness through the development of strategies and tactics used in the case of any possibility of price movements in the forex market, and traders professional commitment to the plans in the case of gains or for loss alike.

Third: how to deal with the market

The traders professionals dealing with the market as a game possibilities, and therefore face the challenge in this game, and to be able to crystallization of mind to deal with the market you gain experience, if you are trading from three to five times a month and mainly focus on the daily chart will post after the one that has the ability to read the market prospects and adapt your business build them in the near term and in the long run, but if you are trading three to four times a week you'll have to wait for two or three months, and will generate have the ability to read the future during the last read.

In the end, and to be a professional trader, you must do two things are important, namely:

1) Understand that total net Tjaratk of all trades is will determine success or failure in the currency market.

2) stick to the strategy and plans developed by.