How to become a millionaire through speculative exchange?
Recently, the quality of books centered around wealth, such as: How to become rich in a few days and how to build huge wealth in a few hours and how to become millionaires and influential people and businessmen in record time? How do you turn from a normal person to another who is under the spotlight?
Despite the spread of these books with a public turnout, however, the press regularly monitors cases of suicide and killing occur as a result of the losses suffered by the owners, especially in the field of stock exchange and financial transactions, where the knowledge of the stock market and the circulation of securities risks and losses.
According to reports received by Bloomberg from FXCM and GCAP, 68% of forex traders had net losses in 2014, with 1% of every 3 Forex traders not losing or losing.
Although these data may suggest that there is no escape from this and that those who want to invest in the stock market must forget the richness, daily forex trading is highly capable of bringing in profitable investments. Of course there are several risks in Forex trading. On large financial returns in one night.
Daily trading means daily trading in the Forex market is based on the implementation of the process of trading as a business process is follow-up continuous can be from minutes to several hours so the investor to follow the news and volatility in the money market permanently and continuously.
In recent years, daily trading has been compared to the trading swing and the position trading of the two positions.
The swing trade takes advantage of tides in Forex, with frequent movement or "swing" in trading operations within short periods of time ranging from several hours to days and a maximum of two weeks. On the other hand, the position or trend trade indicates stability in financial operations from months For years, each of these three types of financial exchange requires specific skills and experiences that differ from each other.
Some names in the Forex space have managed to become millionaires in spite of the risks surrounding this area, for example: Dan Zenger - a trader and technical analyst - is the biggest profit holder in the history of the market for his personal portfolio in a year, Profit in one year by a percentage of 29233% of his personal portfolio, and he holds the personal profit index for a year and a half.
Zenger has developed general rules for trading in order to reach a high return from trading in Forex, with the requirement that these rules suit the person with a quick reaction, and of course you need experience, experience and commitment to these rules.
These rules are:
You should make sure that the stock you want to buy has been a clear model of technical analysis, which avoids ambiguous trading.
Buy the stock at the rebound or when you give the form on the trading screen with the purchase signal, check the trading volume, and know the average trading volume of the stock for 30 days. If you can not buy the stock initially and it has risen 5% or more, do not enter.
Be quick to sell your share because it will soon return to the downside and do not forget to stop loss.
Sell 20 to 30% of the amount of shares you bought after the stock rose 15 to 20% of the break point.
Keep your strongest stock for the longest period and sell stocks that are no longer climbing or becoming slow moving, and remember stocks are only good when you move up.
Search for and identify the strong stock group and follow it, and make your choice of shares within the range of this group.
After the market moves for a long time, your stock will be fragile before selling, which may make it fall violently and fast in a way you will not believe, so you should learn the points of reflection through technical analysis.
Remember that the movement of the stock needs to be traded, so start by recognizing the trading behavior of your stock. I know the stock's reaction to the volume jumps, which you can see on the trading screen as the trading volume is the key to your stock movement which is the key to the success of the move. They failed.
You often see recommendation stocks with specific entry points, but that does not mean that the correct entry is once you touch the entry point you first have to see the movement of the stock and compare it with the amount of trading as well as the position of the market in general after all this is buying.
In addition to adhering to the rules of Dan Zenger, there are reasons to prevent speculators from getting rich, you have to keep away from them, namely:
First: Use an inappropriate large margin which in turn amplifies losses or profits.
Second: fear of loss as speculators tend to try to reduce losses so that they get the least profit for fear of reverse movement of the market.
Third: Errors in the trading platform or trading system are likely to occur where the system can refuse to close deals because of problems with the Internet or computer.
Fourth: The lack of reliable sources of information on the various economic data that govern the prices of the stock market and currency movements These sources are available to banks that work in the field of Forex and are not available to Forex traders professionals.
Fifth: Forex market leaps are also one of the reasons for not getting rich in Forex trading, especially if the currency market movements in the direction of loss with a high margin.
Sixth: The absence of a regulatory center for the Forex market, that is, there is no specific entity to follow the traders of Forex and protect their rights and protect them from fraud and fraud.
Seventh: the emergence of some of the companies Almnabp and is widespread in many companies are changing the market prices for their benefit and some refuse to withdraw the profits of customers and therefore dealing with a reliable company in the field of forex trading is important 
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