What was your most remarkable deal?

It’s the exchange currency deal I experienced on 21 September 2007 having a short position of HAR stocks since early morning. It was turning out to be an amazing deal since the price slowed down the last trading hour. To my luck the next day I could fix my profit as the price fall even greater. It was tough currency market news Friday reach for currency market updates so the idea of keeping the position over the week end did not look appealing.

Taking into account the diversity of technical and fundamental analysis instruments, how can a fresh trader avoid informational overload and a so called analysis paralysis?

The starting world currency markets traders should define their believes about markets and follow them. I am not very positive about demo-trading training. As for me only real account trading makes sense, with very small trading volumes. It enables you see real implementation of deals and keeping at last any interest to trading. As well, I believe that too much traders decline absolutely great forex trading system with no reason. Often traders make just tiny corrections that may result in great difference in the results.

Imagine that you could avoid just two-three bad deals a day or a week (depending on how often you trade). It could make a great difference in your trading results and your sureness in your trade. If you make great records of your deals, it will not be hard to do for you.

What are the greatest misconceptions that the new traders have about trading markets and trading systems?

As I have already said, many traders decline absolutely genuine trading systems. You can make tiny corrections and have great results.

What could you advise a person who is just starting to trade?

A beginner should define what is their concerns about the markets and follow them. Choosing a trading system or approach that matches the trading style, the mentality and the goals is essential as well.