How Do You Trade BTCUSD on MT4 Software Platform
MetaTrader 4 software platform is the platform you install on your Desktop computer. For this learn bitcoin course we shall refer to the MetaTrader 4 or MT4, because it's the easiest bitcoin platform to learn with & the most widely used.
MT4 also requires little internet band width, that way even if you don't have a super fast high speed online internet connection you as a trader can use MetaTrader 4 without any problem. You will need to sign up first with a broker before you can download the MT4 platform software.
How Do You Trade BTCUSD on MT4 Software Platform
How Do You Trade Bitcoin on MT4 Software - Learn to Trade Online Bitcoin Market with MT4 Bitcoin Software
- Practice Demo Account - How to Trade Bitcoin on MT4 Platform Software
MetaTrader 4 practice account is a free practice account provided new traders online traders, otherwise known as a demo trading account which you practice trading with, the cash on a practice trade account is virtual, not real money. No one uses real money to begin with, all beginner traders use the practice demo account to practice with before investing and investing real money to trade with. The MT4 practice account is meant to provide free Bitcoin training practice as they learn how to trade the bitcoin market.
You will need to register and sign up with an broker before you as a trader can obtain this free practice demo account. After you signup you will then get log on details and particulars for your Meta Trader 4 practice account. You will then use these account sign-in details to sign in to your bitcoin MT4 demo account and begin practicing with.
How Do You Trade BTCUSD on MT4 Software
After you have gotten the MT4 account details & particulars you will then install the MetaTrader 4 platform/software on your Desktop computer. If you have never installed any software before go to the folder where you downloaded the bitcoin MT4 software (do not know where that is, just Press both Ctrl and J i.e. CTRL+J Keys on your key board, and your MT4 download will appear), double-click the download software platform file and then click next, next until you finish installation.
After you have installed MT4 software you'll then open the platform from the start menu of your computer. After you have opened the MetaTrader 4 you will see the trading inter-face you'll be working with which might seem complex at first but it is not. The MT4 software tutorials will be covered under the learn courses section where you will get a thorough explanation of how to use this MetaTrader 4 platform in just one hours time.
At 'top left corner' of MT4 platform software click on the 'File' Menu, a drop-down menu appears, scroll to where you see 'Log In ' and click it. You will then be prompted to enter 'username' and 'password' which you got when you registered on your broker's website.' You are now logged in to your MT4 software and you're ready to begin trading.
After this you'll see your bitcoin account balance highlighted just below the charts and you as a btc usd trader can use now start using the MT4 to place demo trade transactions on the btcusd market.
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- How Do I Interpret Fibo Extension Settings in MT4 BTCUSD Charts?
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- How to Use BTC USD Trend Line Signals for Entry Exit BTC USD Signals & Setting Stop Loss BTC USD Order Levels
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