Many people want to change profession and with the advent of new technology businesses, we do everything we can to choose the best job. To understand the business of trading, one must first know what a trading room. Recall that originally, the role of a bank called “disintermediation” is making available a priori to free his expertise to its customers. Very exciting, the business of trading seems reserved for those who are attracted by large financial figures, and major mathematical theories. In fact anyone can become a trader and make this work is demanding. Regardless of the path, we must more than anyone else, be able to handle technical and financial issues.

Trading curreny deals with two main functions, exercisable concurrently or not: manage risk and speculate. These two roles through his whole profession and in the dosage of the respective one or the other, it will different names.

It suffices to move the forums to see that there is always a player wishing to have tips for becoming a trader. In advance, there is no miracle though, the following article will attempt to detail the possible ways to achieve this. Must still however have a fair idea of the job is what we will try to paint in the following two articles, which relate respectively to the daily trading on the one hand and the future of this profession on the other .

However, be loaded with diplomas is not always necessary as there are many brokerage firms or banks more or less modest, ie whose profits rise by hundreds of millions of euros trader, which offer opportunities to motivated young people with fewer qualifications. However, it is still necessary that the applicant trader has a talent or predisposition to understand the market and predict its movements. A rare skill can also do the trick and some doors open quickly. For example, if a candidate knows the Koranic laws on investment and is fluent in Arabic, it is undeniable assets.

As is the case on all financial markets, psychology is also very present on the Forex. It has also a very important role in price movements. Indeed, theoretically, the prices of different currencies should depend on the economic and social environment and only of it. But in practice this is never checked because the market psychology takes over and very often alone determines the evolution of the different courses.

The economy is not and will never be an exact science, let it be said! The simplest proof of this assertion is that all traders do not have the same attitudes to markets.

Some traders base their strategies on technical analysis, others prefer fundamental analysis, which sometimes give conflicting results. It is impossible to accurately predict price trends. Moreover, it is into this breach that becomes embedded market psychology sometimes to its own law.

The result of trading is more dependent on knowledge of economic and financial data market, but simply the number of traders who will adopt the same behavior.

The announcement effects also illustrate the growing importance of psychology in Forex. Indeed, it is often sufficient that a newspaper ad economic strength of the market or a stock market crash for it to happen.

The evolution of financial markets and the Forex is such that today, many trading robots are on the market. By themselves, the trading robots more than 40% open position. These are of course identical behavior based on the same indicators and the same signals. Thus, they all react the same way and self-feed. Nevertheless, the high liquidity of the Forex is such that the market is not sufficiently influenced so that robots dictate their law.