Professionals are very good text book, but not credible!

Well, it is a time to start!

However, it is not easy to make a decision what and how to trade just after you are said you can start trading. Maybe, you just watch a chart with stunned-looking for a while. Professional dwells on the merits in many sites. Do not misunderstand it. I mean no harm.


But, if they seem to explain very well, what they said is just "Action speak louder than words". Even if you lose, unfortunately someone does not help you. If what they said is really accurate, maybe they trade in silence for themselves. Therefore, there are cardinal rules against them. It means "what they analyze and read is a good text book, but not credible at all".


It is not very good thing to get tough. Their analysis is quite keen. But, you would be damaging, if you believe in them. In the course of trusting and betrayed for several times, you can take your personal chemistry to someone like "what he/she said could be credible."


If you can find someone you have chemistry. You can believe his/her read about half. If he/she says "dollars may increase."You buy dollars little. If you have 1.000.000 yen as your funds, you had better use $10.000~20.000 at the most. Let's start trading from that amounts.

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What professional says has typical mannerism.

Reading professional analysis for a while, you will find something. For example, if a market starts decreasing down. A tone like "the market will decrease more" increases suddenly. And if a market starts increasing up, a tone like "the market will increase more" increases suddenly as well.


Reading what the analyst says carefully, there is writing like "a possibility that the market increase in the future is high, but in the case of", there is a possibility to decrease. So please keep watching". In short, the writing can be fine in both ways up and down.


For example, if 118 yen to the dollar decreases down to 117 yen, most pro read "when it comes well, it would be 117.5 yen. When it comes bad, it would be 116.5 yen" in that case. This is just putting plus and minus on above and below the exchange rate. It is a terrible story.


But, do not blame it. They do not know either. And please note that there is nothing lies against their comments as their basis. Lay dealers have to choose such general information by oneself. This is not only a hard point but also an exciting point.

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Recommended trade is to start from currency unit for 1000.

In general, currency unit is 10.000. What? Some trader's currency unit is 100.000? Please let me tell you advice. You had better not choose such a trader. It could be OK for rich people whose funds are 10.000.000 yen or 50.000.000 yen. But it is not for ordinary people. So, I recommend you start from a trader whose currency unit is at least 1.000. 1000 currency is $1000. Even if you buy for a net price, it should be about 100.000 yen.


Guarantee funds against 1000 currency is 5.000~10.000 yen at the most. You can trade at ease. Even if you lose, you may lose within 10.000 yen . In its place, even if you can make profits, it should be just several thousand yen. It may sound not exciting. But it is better and safer way for beginners.


And if you can make profits in smooth water, increase your investment amount. Do not be rush. You should take time at least 1 month. 3 month is nicer if you can. It is the same that you do not get on the express way just after you get a car license.

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There is a big difference between virtual and actual trade.

If a trader you chosen can trade from 1000 currency at least, you had better start trading from 1000 currency at first. It is not bad idea to practice on virtual trade. But, there is no harm and loss without using real money. In actual trade, there is also actual harm and loss in even 1000 currency trade.


There is a big difference between virtual and actual trade. I would like you to experience that you actually lose your real money. Trade for 1000 currency and if 120 yen to the dollar decreases down to 119 yen. You would lose 1.000 yen. It is big and can be your lovely lunch. If 5.000 yen, you can drink. What if 50.000 yen loss? Oh! How frustrating!!


There are 2 button buying and selling. The button decides the fate you gain or not. I would like you to experience such a gravity of decision as soon as possible. So I recommend you trade for 1000 currency whose loss is not bad damaging. You can learn a lot of things if you lost just after you start trading.


Be happy. If you have an indiscretion to be laze, you will be damaging afterward. Even if you can make profits and go great guns. But one day, you may have a margin call and leave. It happens a lot.

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Ride on a market follower or wait for a contrarian

All trades are classified into a market follower or a contrarian. You need to decide which one you have at the first trade.

For example, when 115 yen to the dollar exchange rate is runaway and you think the rate increases more. So you buy them even it is 115.2 yen now. That is a market follower.


115 yen to the dollar exchange rate decreases more and more. But it may come back in a while. So you buy them for 114.8 yen. This is contrarian.


I can not say which one is correct. If you have enough ability to use both, you must be a professional. However, a lay dealer is apt to be good at just one as to his/her character.


Personally, I recommend you keep trying an approach matching your character for a while. It is more likely to be more successful than unfamiliar trading approach. If you can not make profits at all, reflect deeply on what you decide and change your trading approach. That would be fine.

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