MT4 graphics make reading very easy and do not need to master how to use various graphical tools and objects on the platform. So if you are going to start real money trading, you only need to start your learning journey with the MT4 platform.Īpart from the fact that practicing with the platform that will be encountered in direct trading, MT4 has certain features that will really improve beginner trading skills if used correctly. If you are going to war, common sense reasoning states that you practice with the same weapon that you must use on the battlefield, because no one goes to war with an unproven gun (or a skill that has not been proven in this case). This article describes the Forex trading platform that beginners need to use to bring their skills to the next level.Īlmost every retail forex broker offers an MT4 platform. So traders must understand the type of platform they need to use to get a lot of learning from the platform. Note that we have mentioned the fact that a lot of trade must be done, both on demo and live accounts. Many exercises on demo and live accounts and many studies on all types of materials that range from the actual trading process to the psychology of traders must be done. The question is: what do beginners for 18 months that might be needed to make the transition? This fact was conveyed by the CEO of a trading company based in the UK. It takes around 18 months of training, mentoring, and consistent practice to be able to move from being a beginner to the realm of becoming a mid-level trader. The beginners in Forex have special needs.
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