-Who is considered to be a professional trader?
- Probably the one who earns money in Forex ...
-Well, losers earn too sometimes, so can we have stability?
- Yes, of course, stability is the second criterion.
-What is the period of stability?
- I do not know ... maybe years.
-When he starts to lose money after several years of successful trading, he will be successful?
- No ... I do not know ...

This conversation will be with the majority of novice traders.

They do not realize that a professional trader - this is not just a person who consistently makes money, the trader - this is not just a profession, is the image and lifestyle.

The trader does not matter how much it will be stable, as well as how much is enough for his deposit. Each fall may foreshadow a new growth. Businesses do not survive because of some losses, while at the same time, they cherish their deposits as reserves of oxygen.
Wake trader middle of the night and he will tell his current position, goals, and the first thing a potential loss. The trader is always watching their assets and does not miss any information referring to, because he can not afford it.

Each morning begins with a trader's trading plan, which includes:
A. The most favorable positions.
Two. News.
Three. The potential loss.

Read full article criteria professional trader

As a rule, countries with higher interest rates are more attractive to foreign investors, since the latter can expect high returns on their investment. Since currencies are traded in pairs, this means that the currency of the country with higher rates often "rebels" against the currency with lower.

So what is the mechanism of changes in interest rates? If the economy is doing well, unemployment is falling, consumers spend most of their money, inflation begins, as the demand for goods increases. The function of the central bank is to maintain a certain level of inflation and central banks begin to raise interest rates to reduce consumer revenue, which in turn slows the rate of inflation.

Interest rates make a significant contribution to the fundamental value of the currency. As noted above, the high rates attract foreign capital, which increases the demand for foreign currency. Central banks can create a reverse scenario, lowering the rate. If the economy does poorly, unemployment is rising, consumers are more conservative in their spending, the central banks lower interest rates in the hope that consumers will start spending money that will stimulate the economy. However, with the interest of foreign investors in the domestic currency falls, because the return on investment is not so high.
Read full article on the influence of interest rates, exchange rates

Typically, the volatility of the trend appears before the presidential or parliamentary elections. Due to the uncertainty of future events, most players prefer to close their positions and wait until it comes the time of stabilization and clarity.

In general, political instability adversely affects the country's currency and lead to its devaluation.

The market's reaction to the publication of the various economic, financial and political news - widely studied topic, but, unfortunately, no one has so far not been able to correctly describe exactly how to affect one or the other news on the movement of the trend.

The reasons for this are many, but most importantly, that it should be emphasized - a news, regardless of its importance, can not completely change the direction of long-term trend.

Most common practice, when major financial institutions and interested financiers deliberately throw in some news (sometimes - not very believable) to influence the exchange rate.

There are many cases where the reaction to the news was much earlier, even before its publication. Most often this occurs when a statement of the interest rate or the European Central Bank of England expected. The reason for this may be that the previously known position of the official (Chairman of the bank), or the position of the majority of board members, as well as the actual situation in the country's financial system. Hence, there was popular expression: "Buy rumors, sell the facts» (Buy the Rumors, Sell the Facts). It is understood that the effect produced by the news, before it is available.

Read the full article Political factors (news) affecting the exchange rate

First of all, you need to understand what you're doing wrong?
Most traders are about 80% of their time spent on repetition of improper trading practices. After that comes some understanding of why they continue to lose a deposit for a deposit.

The remaining 20% ​​of the time they spend on awareness of this moment, and then there is their personality, and with it, and professional growth.

If you have a long time there is no forward movement, it should stop, think about everything you do, try to understand first of all in yourself and what you need, so you moved on. You should not look for the "beaten" tracks, but you need to find their own. Every trader is his own.

Most likely, until you have the correct and incorrect understanding of successful trading.

There is the infamous statement that a trader sells his beliefs. That it belongs to you. And most of all, you are wrong. It would be nice to work on them. Many are traded every day, losing their deposits, they think that they learn, and come the day when the deposit is invested will be the last. In fact, this period may be prolonged indefinitely, can be months, maybe years, before you change your beliefs. Do you have depression begins, and you think that the market can not make money. You start to try the method of procedure, time after time giving up on them.
And why does not work?

Read full article How to get started quickly progress into trading?

Currency of any country, which is used by central banks of other states
for opening and storing reserves, financial transactions, investment of other countries is nothing but a "reserve currency".

A reserve currency must meet certain requirements:
1) The national currency must be convertible.
2) Exchange rate should be sustainable.
3) The legal regime, which is used in international financial transactions should be favorable.

If the state currency is the reserve currency, such a state gets a certain number of advantages:
1) If the balance of payments on the reserve currency is currently in short supply, it can be covered by the national currency.
2) The State with the currency steadily strengthening its position in the global financial market.

We reserve currency has its own history. At various times it changed. Initially, the role of reserve currency are the British Pound (GBP). As part of any international settlement is the British pound served as the most important functions.

After a time it was added to the U.S. dollar. And gradually the dollar supplanted the British pound, and took a leading position in the global market.

Once introduced the gold exchange standard (which was based on the two currencies - the U.S. dollar and British pound, and gold), then the U.S. dollar remained the only currency that was tied directly to gold.

Read the full article reserve currency - what is it?

Market sentiment is called common intention of the majority of traders, which is influenced by the prevailing sentiment in the market.

Who is traded on the market, he knows that is easy to "enter into the market" is much more difficult from him to "come." Forex, almost at any time, you can trade in both directions, to increase or decrease in prices and profits. Difficulties arise only when the time comes to fix the profit. And here to help can come just understanding the market sentiment. But to understand it, you need to begin to decide where are the sentiments of traders.

We know three main sources of sentiment:

First, the market is the media (the media). In our country, not so much, and is the leader channel and the site of RBC. At the same time, many trading platforms provide their customers with timely information from the world media. Details of these sources provides the basis of fundamental analysis.

The second source is the very attitude change in the price, which in turn affects the indicators used in technical analysis.

The third source is the environment in which traders interact. Before this happened on the stock exchanges, but now it happens in various forums.

Analysis of information received from all three sources to determine, as most traders will behave in the market. This analysis is called the study of market sentiment. To begin to understand how the sentiment, and then you can go to the successful use of its trade.
Read the full article forex market sentiment

Campaign Insta Forex has recently provided its customers with a new system called ForexCopy.

The system allows you to instantly ForexCopy copy of the transaction successful traders, thereby tracking the real-time history of their trade, but are not investing money in their projects.

Unlike ForexCopy-system of the PAMM system lies in the fact that all of your funds remain in your account and not transferred to the trust to other traders.
You choose those traders whose transactions you want to copy and install each of these proportions, according to which will be copied to the trade.
At the moment this service is quite a unique offer in the financial market Forex.

Those who are familiar with trading by advisers (experts), this service can remind existing advisers, copiers, essentially the same, only much more convenient and reliable in technical terms.

The system includes ForexCopy participation of their clients in two capacities, namely ForexCopy-trader and ForexCopy-Subscriber.

- If you sign in as ForexCopy-Subscriber, you can instantly copy the trades of successful traders, you can also copy the transaction to a specific currency pairs with selected traders with different ratios of copying (ie, depending on the availability of funds in your account and your Money Management). Feature is that once you choose when, who, with what amount and what tool to copy.
Read the full article Forex Copy-on system InstaForex - what possibilities it opens?

The manifestation of this effect can be in any stock market and Forex is no exception. Its appearance is due to errors committed by the trader. Let's look at its development and methods of combating it.

As a result of carefully conducted analysis of your market situation, you decide to enter the market, for example, with a long position. Since, in your opinion, your decision to accurate and balanced, in order to maximize profits in the bargain you start pouring in almost all the money in your deposit. And then, at some point, the price instead of the so accurately predicted the growth you have, turns against you, and begins a rapid decline - you are not completely clear.

You do not panic, you are confused and bewildered. You've spent a tremendous amount of calculations, having considered all the fine details and the price is simply obliged to show rapid growth. But it falls. And you just watch and do nothing to save his deposit. After all, it would mean to admit that you were mistaken. The vast titanic work was gone. Your position is in the negative, but you close it. Too much effort, time and nerves spent. You do not want to admit that all this instead of income caused you to lose a significant part of the deposit. And because you do not close the deal - in the hope of a sudden .... That is a typical manifestation of the effect of prices of flooding.
How to deal with it?

The primary objective is not to withdraw into himself. Compare the results of your analysis with the actual market situation, review reports of the leading experts Forex. If the transaction is already open, find the strength to sacrifice part to save the rest. And the best when you open, do not forget about the rules of money management does not invest in a single transaction more than 3% of the deposit, it is better if the price moves in the right direction gradually fill up - a large order, is always more dangerous than ten children. But the amount of profit will remain virtually unchanged. Do not operate without a Stop Loss.
This is the same demanded tool to make a profit in the Forex market, as well as Take Profit.