How Do I Trade - Lesson for New Traders

Prior to Starting to trade the online market beginner traders will need a learn tutorial for beginners training course like this one that will help them learn about the various concepts used when trading the market.

How to research the best ways to start trading. FX is the biggest financial market in the world. It's bigger than the US stocks market, because the daily turnover now has exceeded 7 Trillion USA dollars.

Understand currencies and price fluctuations. Forex currencies are transacted in currency pairs. Choose a single currency pair and learn how to trade it until you get to know how that currency pair moves. The best currency pair is the EURUSD. Other good currency pairs are GBPUSD, USDCHF & USDJPY. These four currency pairs make up 160% of all online trade transactions. Since 2 currencies are in a currency pair the total is 200%.

About Currency Pairs Guides - Forex Guide Course for Beginners

Get a charting platform which allows you as a trader to see the prevailing price as it happens and make trading analysis. Most popular software is MT4 Platform. MT4 software is easy to use, charts are well presented and the trading platform has multiple analysis tools for a fx trader to select and choose from. MT4 software platform displays price charts on the computer screen: the charts show the current buy & sell prices of the various Forex currency pairs. The MetaTrader 4 platform software helps you to keep track of the trading funds on your account by showing the trading account balance and also calculates profits and losses and shows this information on the platform - the platform also indicates how the open trades opened in your trading account which you bought or sold are doing.

Learn Platforms - Tutorials for Beginners

MetaTrader 4 Platform Lesson Tutorial - Forex Lesson for Beginner Traders

Download MT4 Platform

The screen shot below shows the user work-space of MT4 Platform.

How Do I Trade with MT4 Software? - Forex Lesson for MT4 Software Platform

Learn a trading strategy which generates you signals of when to enter and when to exit trade transactions. Following the markets price action is a popular technique that professional traders have been using for over a hundred years before beginning to use charts. Candlestick patterns, indicators and systems can also be used. All these methods are discussed in detail on tradeforextrading.com.

Systems - Forex Guide Course for Beginners

The Trade System uses the Indicators below:

Please Read The Indicators Tutorial Before Creating Your System - Forex Lesson for New Traders

Explanation of a System - Forex Lesson for Beginner Traders

How Do I Trade System Example? - How Do You Trade Forex and Learning Online Trading PDF?

Trading System Example - Forex Lesson for Beginners

Begin with a demo trading training practice account before trading with real money. First start byopening a practice account & practice trading with this practice demo trade account, until you get to learn & understand how the market works and when you start consistently earning good profit on this practice trade account then you as a FX trader can open a live account.

Account Topics - Forex Lesson for New Traders

When you register a live account, trade with your plan and learn how to manage the emotions in forex trading by learning about Market Psychology.

Market Psychology Tutorials

Get More Lessons:

Trade Forex Trading

How Do I Trade - Lesson for New Traders