Hello member, pls help me out with this, i am just a little confused about where to start my demo trial. Where can i start with good charts that can run on webplatform like it appears in the school of pipsology…
Pls where can a newbie demotrade with ease of understanding the charts.
Hi there, well I recommend tradeview the place where you may open your demo account. But if you have any type of doubts, just check the section review on this site, you’ll see more in detailed each recommended broker. Now to exit a trade simple, on the lower part of the MT4, where you see how many if your profit during the trade, right click on top of it and click where it says close order or stop order. I hope the information helped you.
If you know how to enter a trade you already have the MT4
My version has something like �Terminal� in the �view� tab next to �file�. Clicking that you have more tabs and one of them is �trade� there you have your orders, so right click and select �close order� or “modify” if you want to set S/L or T/P
Maybe our platforms are the same
There’s no point for laughing here. I guess we all had the same questions when we started. And you should have even more questions since you haven’t even gotten in touch with a trade real or demo. I guess you will get all the answers as soon as you get your demo and play around with it. The one from tradeview was pretty good for me since I compared some others. I mean you can give a try on some good though try to find MT4. For me is the better for beginners.
The MT4 can be confusing at first, don�t worry. Now that you know how to close an order, don�t you ever forget about adjusting your S/L and T/P (Stop Loss and Take Profit) Cheers. 
I think it can be helpful if you tell us where did u get your demo, maybe one of us can get the same one, so this way we can help you more. Also, if you have a question don�t hesitate to ask, the forum is here for that reason.
When I was looking for a broker, I signed up for demo accounts at 4 brokers. Some had horrible charts, or I didn’t like how trades were exited on the platform. I settled on the platform I like at a broker that had good reviews, and I use charts from another broker where I still have a demo account.
Try a few to see what you like.
Well this decision is very important when you enter forex. Most of us will tell you to work with the broker we’re working with, because we know it and we know that is going to be the best election that you’ll be able to make. However if you want to get an impartial opinion visit the NFA site and check them, or if you want check the broker section review on this website, choose the ones that you like the most and get in contact with them and let them know all your doubts and finally choose the one that you think is the best for you.
I’d have loved to have looked for more brokers when I started out. I never established a point of comparison, and I stuck to the worst of them. Then a friend of mine told me about different kinds of platforms and charting (I thought all of them were the same). The point is that by comparing you get to develop criteria and to choose the best one for you.
And it is possible to note how some brokers are taking advantage of people especially new traders.
I�ve been trading with this broker after proving some platforms and conditions
This site has helped me a lot with �Compare brokers� tool
I also found great help on that section. It’s really cool to see what the most used brokers are so it gives you an idea. Because when I first started I was totally lost without any idea of what a broker is. And that’s when I heard about Tradeview, Alpari, Oanda so Ihad the opportunity to compare among these good brokers.
Hi, thanks all for your kind suggestions. They are all helpful, i didnt even know that i could adjust my stop loss. Now I know.
Thanks. I will keep posting
Now you know it, start placing it if you don’t want to lose everything. You can get used to it by using it on your demo account. Some experts say that you get to know how the trend will move so you don’t even need to use an S/L. Though I find it really important when starting up just as a risk management strategy.
Even though you are an expert it is not logic to trade without SL, there�s always a possibility that trades can turn against you and even if you are an expert trader sometimes you cannot help to lose, the important is not to continue losing all your balance and you avoid that with a SL.
I don’t share your opinion. I know people trading without SL and still making considerable pips. Is all matter of price action, I guess you trading for a while gives you the ability to trade without any risk.
I just can say, for a demo a real account, read reviews, they are good, they help me to make up my mind.
When it comes to demo accounts I recommend Ikon Platinum. If you’re looking to learn how to use a platform, this one seems to be built on a logical manner. Plus an excellent charting it’s been the best platform I’ve traded with.
Actually MT4 is the most logic platform to me. It is very versatile, if you�re just starting it is easy to handle and if you are advanced it has features that help you optimize your trading. If you don�t feel it is enough when you�re are advanced you can look for something more professional I suppose, or something that fits you.
I guess Ikon has worked better for me than MT4. I had some trouble handling the charts and using indicator when I had MT4, also execution was slow. So when I tried Ikon was awesome because I immediatly understood how to play with it, charting was even clearer and executions is faster. I guess this platform is a recommendation for a newbie. Happy Holidays.
Hi, i want to thank all of you who responded to my post and questions. They have been very helpful. I have started practicing and i would like to know how i can adjust my targets, whether loss or profit. And if i can also set a target, take the profit and set another target.
Thank you