Recently, many people are interested inhow to start making money on the Forex market. Indeed, the occupation is, at times, very profitable and interesting. I decided to write a small guide on how to beginners to start trading on the Forex market. So…
Playing the stock market for beginners
The first thing we have to do is register on the broker's website. Broker Is an organization that mediates between trader (to those who trade) and the foreign exchange market. The trader gives orders to his broker, and he, in turn, makes deals on the stock exchange on behalf of the trader.
So, register on . The operation is quite simple and should not be difficult.
Now we need open a forex account through a broker.The account can be real, and can be a demo account. There is only one difference between them - you transfer real money to a real account, which you later sell. And on a demo account money is virtual. You can charge yourself a million dollars and then trade them in real conditions. But you cannot take what you have earned - the money is not real.
Read more about how a novice trader can open a real account on the broker’s website at the link at the bottom of this article.
Now we need to install a special program on our computer that will allow us to connect to the exchange and give orders to our broker. Such a program is called trading terminal. The most popular trading terminal is Metatrader 4 (Metetrader-4). You can download it for free. .
Download the program and install it on yourcomputer. Enter the logins and password from your trading account (which we opened at the very beginning). Everything! Now you can make full-fledged transactions in the Forex market, and, therefore, to earn money.
Especially I want to note that, despite the apparent simplicity, the game on the stock exchange for beginners can be quite difficult.
Дело в том, что совершать сделки сами по себе не complicated. You can close at least 1000 transactions per day, spending only a few seconds of your time on each. But this is not the point, but the fact that it is difficult to make profitable deals. Newbies often experience this difficulty. And all just because novice traders neglect the training.
To become a good doctor, lawyer orengineer, you need to spend years on training. And everyone knows that. But for some reason, when it comes to trading, the majority believes that they will come to the exchange and start earning millions of dollars every month. They even manage to make 5-6 lucrative deals in a row. But after that, complete failure and defeat will certainly follow.
The only reason why up to 90% of traders make losing trades is - lack of necessary knowledge. This knowledge is not secret, no! They are everywhere published, they are written about in books, in magazines and on websites. They can even be obtained free of charge at a 2-week course for traders.
And with all this, almost all beginnerstraders first burned, and only then go to learn. So it was with me, so it was with all my familiar traders. But this does not mean that it should happen to you. Complete the training in advance in order from the very beginning to approach the game professionally and earn good money on the stock exchange. Successful bidding to you!
