Guide for beginners

Do not open new positions, if you lose the deal. Open them only if the transaction was profitable. Do not let bad deal to pull a whole series of lost trades. If the day was clearly a failure, turn off your computer. Often cessation of online trading on day helps stop a series of setbacks. If you try to win back, the situation can only deteriorate.

Keep an advantageous position open for as long as it leads to the forex market.

Quickly finish the deal, if you think you begin to lose. It will be better than waiting until the situation deteriorates. Do not assign too high a stop price, because you risk your money.

Find out when the opening match of different markets: at this time will be the highest volume of trades.Eg., For a couple of Australian dollar currency and Japanese yen currency this time will be from 8 pm to 1 night. At this time you can successfully sell the pair.

Select the correct day.

Select the correct day. It is well known and well-tested, which is not recommended to trade on Monday, when the market is just waking up and taking the first steps, forms, trends and on Friday afternoon, when most of the bidding stops. The most best days are Tuesday, Wednesday and Thursday.