Thursday, April 28, 2011

How to start?

   Before saying anything about the market analysis (taking the decision to buy/sell) you have to download the software which you will work on later through your learning course.
It was possible for me to upload some E-books to you teaching you the trading skills,
but i preferred to begin from the virtual life, i.e open a demo account and start trading
on it as a live trading without spending a cent, let's know together what is demo account?!

Demo account
It is a feature offered by almost all brokers dealing with forex to open an account typical
to the live real account to trade on it and open positions exactly like what happens in reality, but here your money is still in your pocket, so you don't risk any money in it, it is a wonderful choice for everyone to test his trading ability and evaluate himself, even those big traders use demo accounts every now and then to check something in their trading skills, or test a new trading strategy for example.
So, from where can i download the trading platform in order to be able to trade (on demo) and begin my journey? Simply from any official broker website, it is free, there are many types of platforms each with own characteristics, but the most common one used in the forex till now is --metatrader 4-- it is simple and easy to deal with.
I have uploaded some editions of MT4 of the best brokers in the market you can chose any and download, it will not differ at this step as it is not a real account:
Al trade *** FXDD *** FXsolutions *** SIGtrader *** Roboforex
also, i have chosen to you a wonderful video explaining the basic mechanism of action of metatrader platform, it will make it 
easier to you to know the tools used in metatrader 


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