Playing On The Stock Market For Beginners. Step-by-step instruction

Lately a lot of people are interested in how to start making money on the Forex. Indeed, the occupation is, at times, very profitable and interesting. I decided to write a small guide on how to begin a newcomer trading on the Forex. So…

Playing the stock market for beginners

The first thing we have to do is register on the broker's website. A broker is an organization that acts as an intermediary between the trader (the one who trades) and the foreign exchange market. The trader gives orders to his broker, and he, in turn, makes transactions on the stock exchange on behalf of the trader.

So, we register on the broker's website. This operation is quite simple and does not have to be very difficult.

Now we need to open an account with forex broker. The account can be real, and maybe a demo account. There is only one difference between them: you transfer real money to a real account, which you subsequently trade. And on the demo account, the money is virtual. You can charge yourself at least a million dollars, and then trade them in real conditions. But you can not take the earned money - money is not real.

On how to begin a trader to open a real account on the broker's website read 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 a trading terminal . The most popular trading terminal is Metatrader 4 (Metetrader-4). It can be downloaded free of charge here.

Download the program and install it on your computer. Enter the log and password from your trading account (which we opened at the very beginning). All! Now you can make high-grade transactions in the Forex market, and, therefore, earn money.

Especially I want to note that, despite the external simplicity, the game on the stock exchange for beginners can become quite difficult.

The fact is that it is not difficult to make deals by themselves. You can close at least 1000 transactions per day, spending for each few seconds of your time. But that's not the point, but it's difficult to make profitable trades . The newcomer often experiences difficulties in this. And all because of the fact that novice traders neglect training.

To become a good doctor, lawyer or engineer, you need to spend years on training. And everyone knows this. But for some reason, when it comes to trading, most believe that they will come to the stock exchange and start earning millions of dollars every month. They even get to make 5-6 profitable trades in a row. But after that, there certainly must be a complete failure and defeat.

The only reason that up to 90% of traders make unprofitable trades is the lack of necessary knowledge. This knowledge is not secret, no! They are published everywhere, they are written about in books, in magazines and on websites. They can be obtained even for free at 2-week courses of traders.

And with all this, almost all novice traders are first burned, and only then they go to learn. So it was with me, it was with all my familiar traders. But this does not mean that this should happen to you. Get training in advance, so that from the very beginning you can approach the game professionally and earn good money on the exchange. Successful bidding!