Is it difficult to trade Forex.

For many Internet users, financial exchanges are a collection of incomprehensible terms that will take more than one year to understand.

It is for this reason that there is an opinion that trading Forex is quite difficult and is usually done by people who graduated from Harvard or Princeton. But if you remember the famous story of the turtles, when one of the famous financial magnates made traders out of people with a specialty completely different from stock trading.

These people were a security guard, a school graduate, a clerk, a card player, a designer and an accountant. This fact confirms the saying that anyone can become a trader.

There are a huge number of books about Forex , which contain hundreds of strategies and thousands of stock trading techniques.

Moreover, the description of some strategies takes hundreds of pages, others fit on one page. It was complex strategies that caused the incorrect formation of opinions about trading, and there are Gann theory and Fibonacci levels, as well as dozens of other equally complex strategies.

But, according to the majority of professional traders, it is the complication of trading that most often leads to disappointing financial results. Most financial tycoons who made their fortune on the stock exchange trade according to simple rules and do not use complex strategies.

Their trading is based on simple Forex patterns, which are repeated and allow one to predict how the exchange rate of the currency will behave in the future. Simplicity is the main secret of Forex , the more you go into the jungle of technical analysis, the harder it will be for you to return from there.

This is confirmed by the fact that the authors of complex mathematical models of market behavior are rarely successful traders, and professionals, at best, are content with their blog. It is for this reason that if you decide to become a trader, start learning Forex with the simplest Forex strategies and tactics .

Develop your own decision-making plan and your own risk insurance system, and most importantly, devote more time to practical trading; a naked theory not confirmed by practical trading, at least on a cent account , will always remain only a theory.