What makes the Forex market?

With experience in Forex trading is a rather disappointing realization that Forex is difficult. You have to read the basics, it was learned the indicators and graphs, and we also found the right broker and open a demo account. They have the tools, tricks and strategy "winning". If all goes well, how come you are still on the road to riches forex? Where is the money promised big?

The board feels more forex trader is to develop otherYour trading strategy. Plan well and then trade. Discipline to follow the trading plan religiously. Steps months, polishing your strategy in the hope that now you've cracked the code of the forex market.

What Is FOREX

The truth is, the forex market is dynamic and elastic. Forex market does not follow the rules and guidelines for everyone, especially your trading plan detailed and rigorous. To be successful, must be dynamic and flexible. In other words, insteadto try to mechanize it, you have to hear it.

Think about it. If automated mathematical EA was a perfect solution, there would be no one that the dealer at all. EA will not respond correctly to messages and sudden changes in the market. If you rely on EA, an unexpected turn in the price to cancel your account clean in seconds. I think that no matter how advanced the technology, there is no substitute for human contact, even in hard currency.

If you trade manually, follow the basic principles and theAt the same time, you are aware of the news and possible market fluctuations. Instincts play an important role in trade. They trade your plan, if it feels good.

Well, here's another thought - what makes the market move? Imbalance between supply and demand? Economic and financial factors? Fluctuation and political instability? Greed and fear? Market psychology and trader perceptions?

People move to the market. Millions of forex traders like you're in front of their computerswith the same ranking, the sale and purchase analysis, see the same patterns and decisions. Traders are the decisions on emotions, trade, technical trading and / or intuitive techniques, etc. I mean for retailers and independent dealers and large financial institutions such as banks, since they are controlled by humans, based! In the midst of all this is the ultimate winner - a broker. Around the securities trading to win, others lose.

And as in all the mixed EAwhat? Why are there so many so-called "Holy Grail" trading strategies? EA traders try to predict. Although the market seems random, yet led by people who expect the market to be repeated. And this is the real reason why it works.

On one hand, the manual exchange to be profitable, as a Forex trader, the market can be read continuously with the manual trading and order in place of a fundamental event that the price direction, despite the technical analysis may changeFactors.

On the other hand, there is a psychological disadvantage of manual trading - a dealer for a trade to close as soon as the money appears to be declining (retracement) just to see the price to turn back. Therefore, set and forget technology may be less profitable, but it is certainly easier on the nerves.

To summarize:

• The percentage of traders who actually follow a trading strategy is subtle because it is important to bend the rules once in a while and follow theInstincts.

• The percentage of successful traders who use common sense, knowledge and intuition to make a decision is low because many beginners fall in forex trading, after several unsuccessful attempts to hit the jackpot!

What makes the Forex market?

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