The Forex market has advantageous transactional features that are presented to investors. Those who are attracted to these features want to accumulate their savings through forex and make much more profitable transactions than other markets. Here we can say that there is a problem and, more precisely, confusion. Because some of the investors who are waiting to win are missing, and their hands are empty. Those who do not see their mistakes, or who do not understand why they lost their lives after the loss, usually think that it is not possible to win in the market, as it is explained. Yes, really?
It should be said that the losses experienced in the forex market of the world are loud. Investigations have been conducted to determine the causes of this victimization of the investor. The result is the fact that financial literacy is low in the world. In addition, in previous researches around the world, in addition to this result, mistakes made due to excessive monetization took place. Of course we can not say that every loss loses for this reason. But these are the conclusions that arise when you look at the generic. So the forex market is not discriminating against or working for you.
Many issues related to Forex are both curiosity and the person who is going to evaluate the accumulation is saying ‘hello’. Of course learning this is easy and risk-free. With Forex market training without any binding, you can see if the market is true or not. With trainings, you can learn how the market really is, with demo accounts, you can learn how transactions are done without risk and how money is earned. Now let’s look at the issues such as how the winners of forex are watching, who earns, what needs to be paid attention to:
Who are Forex Money Winners?
Those who make money by investing in the Forex market are those who have a good knowledge and experience. Forex, a global market, is able to win for those who have knowledge about how to invest, what to look for in trades, how to avoid risks and who are considering them in the transactions. Having the largest market in the world and having a transaction volume close to $ 10 trillion per day can cause novice investors to lose. Because it is necessary to be able to catch up with this speed and catch the appropriate positions as soon as the changes that come to the square are immediately adapte.
Winners in Forex are investors who know how to trade as the market requires. For that, first of all, what is really forex, you have to understand the logic of transactions. The ease of the market brings to mind the idea that transactions are made as if they are simply purchases from foreign exchange branches. Even if similar transactions are made with foreign exchange office; A research period must be passed before performing the operation. In other words, you need to determine what the future price movements you want to buy – sell.
You do the same things that you do in Forex by taking advantage of the daily movements and you get profit or loss accordingly. Without knowing what the price movements will be, you can not do it by saying “I want to buy dollars, how to rise.” For this you need to keep track of the factors that affect the dollar, the data to be disclosed in the US, the speeches to be made, the FED‘s monetary policy expectations. Then you should look at the price graphs of the dolls and use technical analysis tools to determine important levels such as buy – sell, support – resistance. Accordingly, you should interpret the results you have obtained together. However, you can make money by making accurate estimates in this way.
Here are the investors who make these transactions exactly like those who are the forex money winners. When transactions are told in this way, many people are complicated and they are away from the market, thinking that they can not. However, by taking some time for free forex training, you will see that you can do this in a short time. At first, complicated transactions can be done in a simple way after learning a few important information.
What are the Forex Monetizing Transactions?
The trading features of the Forex market provide you with a better investment experience than other markets. You do not have to wait for the trading time like the stock market nor the prices rise. By evaluating the trading features accurately in the Forex market, you can perform mutually profitable transactions in the short term. Prices are not only rising, you can make money when you fall. Because the forex market has a bidirectional trading feature. With this transaction, you will act as if you are selling or selling your investment vehicle. This process is called sale, and it allows you to take advantage of falling prices.
The leverage trading system is the most important feature that makes the forex market attractive. We have already given you detailed information on leverage rates. As you mentioned there, you can increase your profits by 100 times and increase your risks. For this reason you should use leverage ratios consciously and carefully. Expecting excessive profits, planning to turn the corner with a few transactions, and ambitious investors expect to profit using high leverage ratios. But because of the psychology they deal with, they lose sight of a few important points. For this reason, you should carry out leverage transactions with great care and psychology.
The transactions that make money on the forex market that you have done through your internet transactions on 5/24 internet are made according to the information obtained with great care and good research. You should not think that you will earn more by doing lots of buying and selling. You should not forget that you will get a much better profit by doing the operations that are defined as little or nothing. By following the markets carefully, you can make investments that will earn you money by taking into account the time intervals of the price charts of the investment vehicle to be traded, analyzing them, and doing well thought-out transactions.
How Do Forex Money Winners Watch?
In order to make money on forex as you can understand from the above, you have to be a logical and self-educated investor. For this reason, it is necessary to gain knowledge and experience at the beginning of the road. You really need to know what the forex is like and how the transactions are done. You have to learn how to move in the face of the fluctuations seen in the prices, you have to progress steadily by developing your own strategies. By trying to act like others, you should know that you can not make money. You must first determine your own investor profile, then perform your transactions according to your investment expectations.
Now I want to talk about the way you have to follow and the things you need to consider in order to earn money one by one:
You Must Earn Knowledge and Experience
If you are dreaming of making money by evaluating your savings on the forex market, you should definitely gain knowledge and experience. For this reason, there is no need to go to courses and spend tons of money on schools that offer economics education. The Internet is constantly under our grasp and we can learn everything we care about. Whenever you search for Forex on the internet, you will get a lot of information and training opportunities. Generally speaking, the training will be given free of charge by forex companies. Forex companies offer free training sets for anyone who wants to learn. These trainings are not binding. So you do not have to deal with that company so that you can benefit from the training of the intermediary institution.
Except for some advanced training, brokers provide information to you without any charge. You can have good knowledge in a short time thanks to the training kit from products like e-books, training videos, online seminars and demo account. By actually giving yourself these trainings, you can understand the logic of forex trading in a few months. With demo accounts that enable you to trade in real money with real money, you can get to know the market more closely and see how you should do things without risking risky situations.
You Need Market Attendance and Analysis
The most important pieces of income you will gain on the Forex market are market trends and analyzes. Since you are making money from changes in the prices of investment instruments, you should be able to predict these changes in advance. You can earn money as long as you anticipate future price movements correctly. You need to do market analysis and analysis for this. The prices of investment instruments are shaped by supply and demand factors as you know. There are many factors affecting supply and demand. These factors cause different reactions to occur for each investment instrument. For this reason, you must learn and follow them and make predictions about where the investment vehicle will progress. These estimates should be analyzed on the price charts. So you get more accurate and realistic results and realize your investment transactions.
Especially demo accounts make it easy to find out how to do analysis and market follow-up. When using demo accounts, you will have developed these two skills without risk. You will learn particularly complex technical analyzes, how to do it, and how to interpret the results.
You can get much better results by improving your own strategies about how you should perform your Forex trading. It is right to invest like yourself. As the Turks have said; Every stall is different from yogurt yiyişi. If you advance by drawing a path towards yourself in the direction of your investment objective, you will be able to handle each point one by one and do operations without being influenced by others, and you will achieve the result you expect. Watching someone else’s path will take you away from your investment target. For this reason, you should proceed with your strategies in line with your own goals.
There are frequent mistakes in Forex to go off the road followed by someone else’s strategy. Producing a strategy will ensure you move forward confidently on your path. If you decide ahead of time how you will make money, it will help you make your investment transactions consistently.
You Should Check Decisions And Feelings
In an environment where money is at stake, it will be your harm to involve your feelings. For this reason, you should perform your transactions in forex by leaving your feelings at one end. You must not be aggressive or cowardly; You should proceed steadily with confident steps in the direction of your investment objective. You should not be impatient, you should not make hasty decisions, you should not make a sudden decision in response to price movements. You should be able to stop without losing your faith, without getting angry, and without ambition, in the face of the loss you are experiencing. Why should you calm down what you lose and what you can do and how you can compensate for the loss.
If you try to do Forex trading with great ambition, you may misread the movements that you are experiencing and you may not see a few important points. You should know that you are already making money after you are calm for this reason and are sure that you have paid attention to every point. When you take your decisions, it will also cause you to lose sight of what someone else says or to act with a lot of psychology. For this reason, while taking your decisions, you should act completely in accordance with your own reasoning.
You Must Provide Risk and Money Management
Risks in investments are often thrown into the background. It is often unwise to include risks in the decision to take. When a risky situation is encountered, it is not known what to do and the damage is achieved. You should remember that there is always a risk in an investment process. You should learn how to deal with risky situations and stay calm. Ensuring risk management will make it easier to target your maximum profit. Many investors are dreaming of winning without ever losing. But this is not possible and losses will increase even more when trying to follow a path like this. For this reason, you should determine your goals by learning how to avoid the risks. You need to find out how much of your money in your hand you can risk. According to this, you should make loss / gain balance and make your transactions.
You should also be careful not to invest your entire money in a single investment vehicle. Many investors think that they have a “single risk” by trading with a single instrument. However, with this single risk, you can lose all your money. The important thing is to ensure the risk distribution. You have to evaluate your money with a few different investment tools and take the risky situation into consideration and draw your way forward.
If you look at the comments made about Forex market; Gambling, not possible to win, very risky, sink in a night, in the morning you will see the reaction as if there is no money left.
You can also see many people who say that they won first and then lost. You should not trade debt with money, use high leverage ratios without good experience, keep track of uncertainty periods well, and do not trade without having a really good knowledge.
Your brokerage house must make your choice correctly and stay away from what is on the prints, such as ‘do this transaction, deposit that much money’. During times of great confusion in the markets, you should not do your work on the screen, not overnight. You must determine the snow – loss points. Remember, instead of doing a lot of transactions, doing little but well thought-out transactions will bring you more profit.