FOREX is obliged by the popularity to the several reasons, the main thing that everyone can find the attractive parties in it. Initial acquaintance to this market occurs because of widespread belief about possibility to earn much and quickly, and this conviction results both from advertising and from those lips who already plays or will organize trade.
Pay attention that if advertising not so distinctly shows possibility of fast enrichment other participants of process on the contrary, as much as possible accurately, with figures in hands prove, how many it was possible to earn yesterday or the day before yesterday. There can be you and remember, how it was? «Yesterday dollar – euro for a tribute have made 1600 points if to have 1000 dollars, thus that a shoulder 100 the prize sum could make 1000*100*1600 = 16000 euro that minus expenses makes…, and at probability of that you play with quality nearby 50 – 60 – 70 %…» And so on and so on. Rather convincing evident propaganda, whether not so?
After the first acquaintance will be found out weight of reefs about what a bit later, but each participant gets acquainted with the first inexpressible sensation – «I have won!». Adrenaline splash, a course upwards, profit does not give in to calculation! (However, losses too). There comes sobering up a bit later, there is a desire to have “stable” profit. Players I start to share on informal groups on interests – there is a weight of trading strategy, market indicators at which it is necessary to look, theories of the technical analysis are studied, the own are created. Unfortunately, the creative approach to creation of trading strategy is not always accompanied by their sufficient testing, and, as consequence, outflow of the lost players from the market.
Participants share on those adherents or other programs of a tracing of schedules, participants argue before rattle on advantages of this or that program. As soon as clears up, what program is better, there comes the period of search of a reliable source of the reliable data, time numbers on those or other currency steams. And then there is a new version of the program with new functions and circulation repeats.
- From my point of view principal causes of unusually high popularity of market FOREX are obvious enough:
Rather active publicity of various structures rendering services in providing of access of potential clients to the auctions on FOREX. It is necessary to mention that the majority so-called dealing centers unlike broker offices offering services in access to share market do not compete for already existing prepared clients – investors, and form own client base by carrying out of various marketing actions. As an example it is necessary to result: free or conditionally free training to investment bases in the various financial markets (the basic priority, naturally, it is given FOREX), giving of announcements in various mass-media about «employment as an analyst of the world financial markets» and still variety not absolutely correct methods of network marketing.
For those who want to participate in forex trading must start from learning the basics of this market to make sure you do not have problems with this industry.
There is another option – you can hire professional traders to managed your trading account – read more about forex investment here. Also make sure to look for the knowledge in a good forex book.