Stock Market Trader

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Stock Market Trader

A trader is called a specialist in investing capital in financial instruments. The trader aims to accumulate a capital and distribute it, he keeps track of market trends and deals when he thinks that this will lead to an increase in his capital. Traders are the powerful elite of the modern financial system. Evidence of their significance is the remuneration they receive for their work.

Investing is the best way for you to become financially independent and at the same time enables you to create or generate wealth. If you decide to employ a strategy of fast track investments, you will realize that small amounts will begin gaining size leading to faster or increased growth. Accomplishing this feat is not an easy task since it requires careful implementation of a certain strategy and staying disciplined, diligent and patient.

Where to begin? Demo or real deposit

In this article, we will look at a very important detail that will help with saving you a lot of time. Now we will talk about whether it is worth spending months on a demo account, or start immediately with a real deposit? The answers are in this article.

After you have mastered the theory, studied the books that I recommended to you in the article Forex for beginners, you can proceed to the study of the MT4 trading terminal. I think everyone understands that exploring the terminal should start with a demo account. You must understand how to open an order to buy or sell a financial instrument. Examine how the indicators work, which will further assist you in the technical analysis of the market. If you cannot study the terminal yourself, use the hint by pressing the "F1" key. Or, look for training videos on Google, which are now a huge amount on the net. As far as I remember, I studied the MT4 terminal on video tutorials on YouTube.

After you fully get acquainted with the technical moments of MT4, you will confidently perform trading operations, the moment of choice comes: "Real or Demo?" And the novice trader is lost, and goes to look for answers to the forums. In these forums, many recommend starting with a demo account. At the same time, there are even recommendations that it is necessary to train for about a year on demos before moving on to working on a real account. So, remember right away that your trading on a demo will not bring you any benefit. Of course, you will work out your skills in MT4, but from the psychological side, all your efforts will be zero. It is a fact!

So, I recommend starting your path as a trader, immediately with a real deposit. The best option for you will be a mini account. Having opened a cent deposit (this can now be done, in almost any DC) ... you have the opportunity to start trading already having only one hundred dollars available.

Starting trading with your money, from the first days you will feel the atmosphere of psychological market pressure. Those .in other words, you will have the fear of losing your hard-earned investment. Especially if a hundred dollars for you is a big amount. In this scenario, newcomers usually follow thoroughly the TS, MM...

Remember, your trading should be completely under control, you should open and close orders only by signals that show your technical or fundamental analysis. Do not listen to the opinions of analysts, or GURU traders, of whom there are a large number on the Internet. From the moment you invested your hard-earned money into your trading account, only you are responsible for saving and multiplying it.

Put the fear of loss aside, look for money on your first deposit, and start working in the market! Provided that you have studied the theory well.

For those who still doubt, I will give a simple example

In childhood, we all dreamed of learning to ride a bike. Remember yourself, how did you study? Sitting at the books? Or asking for advice from professional sports? Of course not, each of us, having received a minimum of theoretical knowledge from his father or senior comrades, took the bike and learned to ride it. At the same time, for two weeks, periodically falling from him, breaking his knees, possibly with fractures ... Has anyone ever thought to retreat from practice, and sit down again for a theory? (Books, tips)... NO! We all learned only in practice ... So why, on FOREX, someone hopes to gain experience by trading on a demo ... or in general, wants to learn how to trade profitably without practice, and in words ... Think about an example and start acting! "Patience and a little effort"…

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