As attractive as the Forex market is to many people, the hard statistics show that the vast majority of Forex traders fail in the long run. That is not to say that there are not many traders that make a nice living from the Forex market, there are. However, if we can understand why so many people fail, maybe we ourselves can become a part of the minority that succeeds.

You probably noticed that ordinary Forex market traders are constantly trying to find a new indicator or trading plan that will allow them to get more money. The reason for such a frantic search is that most traders lose money instead of earning it.

Not so long ago in order to become successful at forex market, people had to have very large sums of money. Thus, earnings in this market remained a path of only a very small number of investors. With the latest developments of the PaxForex company, profitable trading in this market is now available to everyone.

The success of any business depends on the right preparation and organization. Preliminary steps make the work more comfortable, and therefore more effective Forex training itself. Before the very beginning of trading in the Forex market a future trader should make several preparatory steps and arrange his workspace.

Forex is seen as one of the riskiest trading activities. This reputation it deserved because of the large number of failed traders in this financial market. It’s just not real to trade with absolutely no loss, but you can not allow that the sum of losses would exceed the income. The result of such a trade is always becoming a total loss of your deposit.

Fоrex scаlping is a pоpular quick trаding method invоlving swift оpening and clоsing of trаdе pоsitions. In this mеthоd thе trаdеrs keep their pоsitions open only for a few seconds or at the most 2-3 minutes. A majority of scаpers hold their positions for as short as one minute.