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Strategy, or trading system, each person produces for himself. You cannot learn this; moreover, blind following to another’s recommendations most likely will lead to crash. So the own strategy you should produce yourself, using the trading tactics considered lower.

Strategies are divided on time. Broad-brush observations – the longer strategy, they are less profitable, but less risky, require smaller psychological pressure, bigger parity of Deposit/Margin, and on the contrary.

Long-term – when the trader keeps an item opened from several days about one month and more. It is less risky strategies, which are not required acceptance instant decision and psychological load is low. However it is required rather big deposit, at least in 5-10 times exceeding Margin (the sum necessary for opening and maintenance of an item). At Margin equal 500 US dollars, for such work it is necessary from 5000. It is necessary to sustain the speculative swings over of a rate reaching on the average 500 – 1000 items. The second defect that it is necessary to pay for item carrying over. Some companies don’t take money from the client for carrying over of an item. Keep an item, as much as necessary. Strange, but the more a long-term strategy, the less it is attractive in the opinion of beginning traders. It is a fatal mistake! We urgently recommend you to trade on long-term strategy. Moreover, you do not have special necessity carefully to study the fundamental and technical analysis as, under the above described conditions, having opened on any currency in any side, having established Take Profit items 100 – 200, in a current of month – two you receive this Profit with very high probability. Having filled up in due course the knowledge, having acquired skills of forecasting, it is possible to trade reliably and without loss, receiving to 100 % profit in a year and more. Thus it is possible to devote all time not to intense supervision over schedules, and to a life. After all we live not to work, and sometimes we work to live!

Intermediate term strategy is from one day to about one week. All aforesaid is fair, is optimum for the beginning traders, who are not able (or not interested persons) to wait for a long time. It is potentially more favorable and a little more risky strategy, but at parity of Deposit/Margin 5 – 10, it is practically not risky.

Short-term item is from one hour to about one day. It is high profitable (potentially) strategy for skilled traders.

Super short-term strategy is the most attractive to beginning traders and most fast leading to their full breakdown. More often it looks so. Having tempted with short-term rate fluctuations in size in some items, the trader starts “to catch items” on 1 – 5. Sometimes it successfully is possible, he earns 20 – 30 items. Then there is a movement against his item and losses start to grow promptly. As such work requires very fast decisions in the conditions of very big psychological pressure that is accessible only to very skilled trader, the beginner does nothing, and only observes, how his deposit decreases before utter annihilation (auto closing) promptly.

Unfortunately, with small deposits it is possible to work only in short term and consequently the beginning trader having, as a rule, small financial possibilities, almost always loses.

Before you decide to make a forex investment or start forex trading yourself, better find a good forex book and read more about foreign currency trading market – this will save you from lots of troubles and traps.