Posts tagged as «financial»

From the deposit were tears. Each trader can tell many such stories. The market is not as simple as often advertised. In the market earning professionals. Insiders enjoy the truism that teach beginners, and create many false breakouts all kinds of trend lines, base of the triangle, the lines shoulders and other technical stuff, engaging the crowd in losing trades.

They use the levels of accumulation of orders, to create movement in the right direction to them. To earn the markets need to become a professional. Monthly rates for this, unfortunately, is not enough. The second reason – psychology. At this point should stay in more detail. The fact that the market is a very peculiar environment is not comparable to anything in ordinary life. His movements do not obey any laws, he never repeats exactly (although similar price formation appear), every moment is unique in the market, he can go in line with the fundamental factors, and may go against them. Market – an environment with constant uncertainty.

All this can be described in one word – a paradox. Emotional pain and financial failure is characterized among traders because principles, attitudes, and inferences that we use in everyday life, often lead to the opposite effect in the market environment. They do not work. Not knowing this, people start to trade on the markets, even not knowing what it means be a trader, what skills should be developed. I am sure that no traders who were not included in the deal would be too early, before the market gave a signal at the entrance, or too late after.