Forex Trading is one of the smartest sources of income all over the world. if you determined to live like a Pro, you can generate income through Forex Trading. But First, you should need enough knowledge about it to trade. Forex Trading is basically a Currency buying selling which generates both profit and loss. Second thing, You need money to invest.
Here, Our goal is to provide you a proper professional forex trading techniques and a guideline that helps you to learn Forex Trading Quicker than any other tutorials or guidelines. let’s start-
Select a Professional Broker
As a freshman, you need a broker company first. From where you can check or match the basic things that you will learn from different sources. Just you need to Sign Up Demo Account first. I am advising you to select at least 3 brokers. It will help you to understand and compare different trading environments, policies, account types, charts, lots etc. when I was an intermediate I researched more than 30 brokers and found best 4 for me. To learn professional forex trading techniques, you must need an authentic, reliable & certified global broker. Some top listed Brokers
I personally using IQ Option, XM, Olymp Trade for their great service
3 Most Trusted Professional Forex Brokers, I am trading with
Learn basic things about Trading
After signing up with one and more broker, you need to go their platform to learn basic things.
Standard three kinds of platform available such as
- Web Trader(No need to download)
- Meta Trader/ Own software(Download & Instal)
- Android /ios trading app
Check Image here for basic trading software overview/introduction
Here in this screenshot of Meta Trader 5, best trading software in the web. i personally using it all the time. Both phone and my computer. Ok, You will find some common red marked tool that every broker’s platform contains. When you enter any platform you need to find-
- Currency Pairs area.
- Your account.
- Current Trading/Portfolio.
- Current status area.
- Total Profit/Loss.
- Chart/bar/candlesticks changing area.
- Insert tool for indicator or line.
- Multi-window view tool.
- Buying or selling price.
- Your all trading history etc.
So you should first research different types of platforms and be introduced with it. Little knowledge about your working platform can lead you to Mass Loss.
If you like my preschool article about Professional Forex Trading Techniques, Just comment here or ask me any question you need to know…..
Upcoming Part @ 2