Learning to become a successful trader

No one is born a trader. Everyone of the well-known and more than wealthy investors had once come to the exchange with absolutely no skill and experience. One can become a professional trader only due to his own work, education, patience and cultivation of logical thinking.

Before trying popular strategies and developing your own original style of trading that brings the desired profit, a trader needs to learn the basics - how to trade. The functionality of the trading platform will help. Training section will show you the basics of trading and will give an entry level of the trader's knowledge. Carefully studying the materials of the glossary, consulting with support specialists the novice trader learns to understand the terms of the financial market and trading mechanisms, explore types of trading options.

The trading principle is quite simple. A trader can choose any asset from the variety of the available ones (currencies, stocks, indices, commodities) and forecast the price direction. Let's provide an example. The trader believes that in 1 hour the price of silver will be higher than the current one. He buys a CALL-option (increase) by investing 200 USD. For example, at the moment the payout for the given asset is 80%. That is, if in an hour the price of the asset is higher, the trader gets 360 USD (200 USD as the return on investment and 160 USD as a broker's payout for the trade). The same principle works for PUT-options (decrease) - it must be purchased if the decrease of the price is forecast. If the forecast does not come true, the investor loses the amount of investment.

It is not difficult to understand how to trade. But in order to make to turn it into a way of earning money and not just a lottery, special knowledge is required. Along with common sense and logic, it will turn any beginner into a real professional trader, who works confidently and has a stable high profit.

It is possible (moreover, it is preferable) to use stock trading principles. The most interesting trading strategies (and the most profitable ones at the same time) are based on a logical analysis of market fluctuations. Therefore, a trader needs to understand and to keep track of the financial news, study carefully the news reports of large corporations and draw conclusions regarding the lowering or rising prices for their assets. In order to simplify your task at the beginning of your trading career, you can be guided by the forecasts of stock analysts, paying attention to how these forecasts are built, proceeding from the data being analyzed. Through such observations a novice investor will to learn to think logically, make his own predictions and, relying on them, make profitable trades.