Introduction and trading basics

Analysts cannot be good traders, otherwise they would trade themselves, not just give signals to others.
I am going to do something to be able to come up with my own signals, meaning to trade myself based on a system I know and rely on.

I heard about services like 'copying trades', i.e. one good trader trades with his own money and you can automatically copy his trades in some way.
This sounds much better then just receiving signals from those who don't trade themselves.
IMHO.

May I ask you, what is the main thing that moves the price, what is your conclusion from your research? Psychology of participants? or maybe some other fundamental things?

Kyr,

Psychology is surely a factor as participants' perception is giving them a bias, whether of a buying or selling kind. The price movement itself can create a bias in the participant's mind so the relationship is two-way.

There's more to it that I am not qualified to add. Perhaps some reading on financial markets might help.

Bruzo,
It seems to me that to decide whether to buy or to sell is rather simple, meaning if a price goes up it is time to buy, otherwise to sell.
Nes pas? Excuse me for my poor French.

www.babypips.com --- the best site for newbie!!!!

dogol,

I started there as well. Good introductory notes for a lot of things which one can deepen their knowledge into later on.

I am not satisfied with 'baby pips' introductory notes, e.g. the definition of Forex given there.
They say that Forex is about currencies, but it is about other things also, e.g. shares and metals.
I.e. from the very beginning we see inaccuracies.
Does anybody know about a course starting with more accurate definition of Forex?


PS
Oh, I have found something close to what I am looking for.
The course says that on Forex we are dealing not only with currencies, but with 'financial market' that includes shares and 'raw materials'.

http://www.liteforex.com/tutorial/margin-trading/

Financial markets are an economic system where its participants trade in specific goods - financial instruments...

...common (usual) goods and raw materials are also sold at the financial markets. On the basis of it the financial markets may be divided into foreign exchange markets, stock markets and raw materials markets.
It is close to what I am looking for, but still looks like kind of stupid a little.

'Financial market' looks like it should not include 'raw materials', eh?

Does anybody know some better course?

You have to learn the basics of forex perfectly if you =want to build a good trading career in the forex market.