Loss Trade in Forex. What Should a Trader Know?

The constant development of Internet technologies leads to the fact that a lot of processes previously available only to the chosen and initiated, becomes available to the masses. There are growing networks of dealing centers with different opportunities and conditions. The armies of Internet users are growing, which constantly face attractive offers in the forex market from various DCs and their partners. There is a growing demand for DC services - the supply is growing. And so on a circle.

And this is quite natural.

Nothing will etch out a person (in a general sense) an entrepreneurial spirit.

But not every user is able to immediately separate the grain from the chaff. A sentence is more beautiful than the other. And I very much want to be one of those lucky people who once put in a symbolic sum, suddenly became a millionaire. Well, so be it, for a week.

The stories of successful traders and individual lucky people certainly have almost magical appeal. But forex trading on closer examination is not so simple.

And there are losses on forex. This is an objective reality. And they come from everyone.

This is a fact with which it is necessary to reconcile.

Hence, in fact, the army is disillusioned and frankly offended.

For miracles are always the result of a painstaking and absolutely real work.

People quite willingly seek out and give out information on how to make money on forex, where and how to invest, what to do, in order, perhaps, to make a profit. Learn strategies, systems, indicators ... Already anticipating the section of the skin of a bear ... or a bull.

This, in general, is good. How bad that soldier who does not dream of becoming a general is so bad that a trader who does not dream of becoming a millionaire.

But, nevertheless, there is one depressing fact. Among all this turmoil, there is always one important concept in trading - capital management. Apparently, as the least interesting. Probably because it turns off the button "All or a million", makes trade though intellectual, but hard work, and not a lottery.

Perhaps this is why the publications on capital management are the least in demand, the corresponding branches in the forums are the least developed, and even in wordstat the least number of queries with the wording "money management forex". And similar combinations.

Meanwhile, the fact that any trading tactics, strategy and system should be subordinated and sharpened to the tactics and strategy of capital management, say only a few. By the way, most of these few are just professionals with many years of experience. Even if some of them are rather young, it is probably already possible to say that these are people of the old school.

They tirelessly repeat that the trader must know exactly where, when and how he should enter the market, but what maximum possible share of the deposit he can take, and when to stop. And most, as it turns out, difficult - what a maximum position a trader can open with the available deposit, type of trading account and other existing conditions. People consciously and ignorantly prefer to risk the existing capital and the possibility of its further use, the possibility of profit in the future in favor of a momentary "all or nothing."

Therefore, the topic "has invested everything and lost" is increasingly being discussed. And very few people realize that it was he who committed losses, exceeded all possible risks.

No wonder professionals say, if a trader in his failures blames everyone around, including DC, the economic situation, the manipulation of governments, then clearly he is not ready for trading. And make another attempt it is not worth it.

And for those who are confident in their abilities, and that forex trading is, albeit a work with statistics, but not a roulette, you can add a couple of tools to the general management methods and capital and its savings.

One of them is the opening of accounts through registration in organizations participating in the affiliate program of the dilling centers and returning part of the spread due to them under the terms of the partnership program back to the account holder.

If a large number of transactions are opened within a month, the amount received may be able to support capital or accelerate its growth to the required level, especially for beginners. This is not their only advantage. They quickly track information from traders, excluding problematic DCs from the list of partners, and provide other types of support, including legal support. Hold their competitions with prizes, have other incentive systems.

Another - no doubt a novelty in the forex market. Quite recently, FBS in the section "Shares and Competitions" announced a new action "Break-even Trading". In fact, this is a deposit insurance against loss. Be sure to read its rules.

When working to increase profits, do not forget to work on reducing losses.