Hi I was wondering if anyone can tell me how to understand the forex practice account. I have been on it for 2 days i dont understand most of the information on the computer. can someone please tell me a good site for a practicing forex, all which gives you step by step guide on what half of the charts and buttons mean.
Thanks.
Welcome to babypips. Which platform are you using? Is it MT4, Metatrader or something else…
Depends on your broker … if you are with a trading broker like FXCM, then they should have a user guide for the platform. Essentially all commercial brokers will have some form of a user guide.
Good luck
Hello fundeer,
Highly recommend you to start things off at Babypips school before demo trading. So you can understand the basics prior to start trading.
Thanks. Can you recommend a good broker for a beginner.
investopedia.com. Does not make any sense to me what button to use. all i know is buy and sell. Please recommend a good one for beginners. I found this one through youtube videos.
Yes i read most of the stuff yesterday. But i still dont undertstand database buttons what they mean. All I know is you press the buy and sell button. Then after I dont what to do. I dont know weatherI have made any money or lost any money.
i think you need to read the platform manual