Hello guys i started today this whole new world, already download metatrade 4 and im just here trying to see what to do first and how to go forward
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Maybe open your eyes and press the green educaation button above would be a good starting point, before trading on a demo account.
best of luck.
BTW MT5, is a more advanced platform.
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thanks man i was on the phone app and it was kind of confusing.
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Ill suggest you to first make yourself familiar with all the forex concepts and terminology. Starting to trade is a later step, but first focus on learning.
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You need to learn properly before investing in this risky market.
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Learn all you can with school of pipsology and then practice what youve learned
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Practice more to be a good trader. There is no other way.
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Tips for Forex Trading Beginners
- Know the Markets. We cannot overstate the importance of educating yourself on the forex market.
- Make a Plan and Stick to It.
- Practice.
- Forecast the “Weather Conditions” of the Market.
- Know Your Limits.
- Know Where to Stop Along the Way.
- Check Your Emotions at the Door.
- Keep It Slow and Steady.