First Steps

The first step on the arduous path of becoming a successful trader must become an introduction to the structure of forex market, its main strengths and weaknesses, an understanding of its pitfalls, acquaintance with the methods of analyzing and forecasting the market, the study of the principles of the market, develop their own trading strategy.

A brief excursion into the international market Forex, as well as a description of work, methods of analysis and prediction can be found on our website under "About the Forex market. Unfortunately, the information you find on our site, only a small proportion of what we are able to select from all the information that exists today. However, this information will help you make the first steps. In the process of learning and development of the trader, you will receive much information as you want or not - but in any case, you will learn to provide for themselves the most important and necessary.

The second step in the Forex market should be to use the acquired knowledge into practice - trading strategies - the study and use of trading platform, receptions Production / withdrawal of warrants, the opening / closing positions, modification of orders, ability to see and draw trends, levels of resistance and support, the ability to enjoy levels of Fibo and importantly - practice and correction of your trading strategy.

At this stage it is necessary to practice in the virtual school bill. Training Account will enable you to develop your skills without any financial risk with maximum efficiency, because to make any money or pay for use of the school account is not required. Detailed information about opening an account the school is located on our website in the "demo account".

Step Three, when, after studying the work on the school run, get positive, and even dizzy result, many acquiring a false self-confidence, go to the real market and fail. Therefore, you will have first priority - actually receive a stable positive results. Will be crucial here - the knowledge, ability to work on its trading system, a clear adherence to rules, the iron logic, psychological stability, a lack of respect for the system of greed and money management.

In order to help new traders to address this challenge, our company developed two special types of accounts - MINILIte and MIDILite.

Account type MINILite allows beginner trader to start work on a real Forex market with real money, but the gains and losses on this account will be minimal. Stable income is unlikely to be able to cover the cost of Internet service providers.

Low initial deposit, which will lose a pain for any trader, will allow you to overcome the difficult stage of transition from the school accounts for a real account.

Due to the fact that all the Lite group accounts from being LiteForex cents, a trader learns to interact with large amounts of the number of zeros so that it works with the same amount, but in dollars, which will help to avoid further psychological pressures at work on the larger accounts .

The same type of account MINILite can be used by traders operating at the stage of testing of different mechanical trading systems.

Account type MIDILite - this is the next step beginner trader. While working on this account, the trader will learn to carry out its plan for profitability, limited to relatively minor amount of risk.

After three stages - from the school accounts to the account MIDILIte, you can make a withdrawal - whether you are ready to work successfully in the Forex market or not, and, finally, to choose for themselves by "professional" category - MAXILite, either in MEGALite Depending on your financial capabilities and interests.