2 erroneous opinions about Forex

The first misconception perception among us - trading in the online Forex currency market like a game of roulette: traders make bids, some a lot of winners and losers. But Forex is not comparable to tape or play. This currency market, the basis of which are economic laws.Such as: the price of currency is dependent on the economic condition of the country, the exchange rate determine the preferences and expectations of traders. Activities of the market rests on the interaction of complex patterns, but they can predict which shows his objective analysis.

The second misconception is: If any part of traders to win, then the remaining part is the loser. But not all participants in the Forex market to gain from changes in exchange rates. There are traders who use the Forex for other purposes - these are companies that export and import of goods. If their production is located in one country and the goods they sell in another, they always want the currency of the country where the proceedings are being conducted. These companies and carry out foreign exchange for their purposes.Such an exchange could generate income.