In the forex market trader called the foreign exchange market participants, which makes the operation to extract certain benefits. That financial markets have led to the fact that there is such a profession as a trader. The memorable to us all the time they are called speculators or money changers. Trading traders use either their own funds, either on a formal basis attract funds from investors.
How does a forex trader?
Trader trades in for profit. His task is to buy and sell currencies, stocks, bonds, and other securities at a bargain price. Experienced traders, as they say, the spinal cord is feeling the changes in the currency market and with the reference of the transaction commits, it is a kind of art.
How to distinguish the professional from the amateur forex trader?
Professional trader must first of all have special knowledge. Some are behind experience in investment funds, brokerage firms, think tanks or cans.
There is also this kind of professional traders (in a good way) that runs on the Exchange and to trade independently attracted only their assets. At the same speculators earn very well and nothing does not deny.
The most numerous and diverse audience - fans are traders. They usually do not have a system ekonomicheskogoobrazovaniya, look at life from different angles, but they are united not so much the desire for profit, as the interest in conducting trading on the financial market. They are suitable to trade, not as professionals, for them it is a hobby. True it is worth noting that many of the fans of the cohorts transferred to the professionals and remain in the financial market for a long time.
Conditional on the approach to trading the traders can be divided into the following categories:
- long-term investor. Based on global market performance, works at the stock exchange for a long time;
- short-term investors. It performs several operations in the year;
- Trader position. It runs constantly in the market, but may disappear for a while, at the same time profit records for the period of absence;
- a day trader or a trader who concludes transactions throughout the day;
- scalper. Looking for just a moment to make the transaction. Such efforts do not always produce positive result. The monitor has to sit for a long time.
Modern traders do not sit in a hole on the stock exchange and trade at home, on the internet, online. There are many trading platforms they use. At the initial stage in the foreign exchange market are large financial institutions and banks, however, Forex and the Internet have radically changed the situation. Today, almost anyone can engage in trade in the financial market is more than that, professional traders earn very well and help to make other.
Based on materials PAXFOREX
