Friday, December 28, 2012

Step 1 Download the Forex Trading Platform

It is easy  .  Click this link and download the platform into your PC.

Click here to go to the download page.

Choose your computer : PC or Mobile

Once downloaded the next challenge is choosing your indicators and giving your Trading Station platform your preferred look :

To have an eye-friendly look , I use the No Skin look by pulling down the System Link within the platform ,  clicking Options and choosing No Skin at the Skins box. 

Next , find the Indicators symbol and click it.  You will see many , many choices.  Don't get rattled . Most of these indicators are for advanced users.  You will make your choices once you have gotten a good hold on your trading knowledge. No rush. It all comes together in time.

I use the following indicators,  for basics:  BB (Bollinger Band) ,  EMA (Exponential Moving Average) ,  Slow Stochastics ,  MACD and RSI .  Read up on these in google for what they mean to you as a trader.  You can also choose the colors of the indicator elements (lines).

Do not get discouraged by the terminologies that are weird and strange.  Stay focused on setting up the Trading Platform.  Remember the excitement that lies ahead!

Remember :  Once your platform is set up , your next step is opening a PRACTICE ACCOUNT (VIRTUAL ACCOUNT).   Choose to set up a UK practice account.   Will explain this later.

The excitement starts once you get to see the trading ACTION inside this platform.  You will see Gold ,  Silver , US Dollar, US30 , EUR ,  AUD , US and UK Oil  and many more duke each other out 24/7  from Sunday 3 pm till Friday at 1 pm Pacific Time. While Stock Markets open and close daily , FOREX does not.

Learn the time differences of  the Australian , Asian , Europe and US markets. They open and close at different times.

As you trade into the wee hours , you get to see what markets kick butt at what time etc. Prepare to lose some sleep.   :   )

WARNING!!  DO NOT OPEN AND TRADE REAL ACCOUNTS AND REAL MONEY UNTIL AFTER YOU ARE ABLE TO ACHIEVE SUCCESS WITH YOUR PRACTICE ACCOUNTS.

YOUR PERFORMANCE WHEN DEALING WITH REAL MONEY WILL ALSO BE DIFFERENT AT FIRST FROM WHEN YOU ARE PLAYING WITH PRACTICE MONEY.

Well, I hope this gets you excited for the New Year!!

If you run into trouble , email me at   blackhawk74@yahoo.com so I can help you tweak your Trading Station Platform.

I do not discuss strategy. I post my strategy but I don't tell people to do what I do. You will develop your own as you go.

Happy New Year , you all!!!!     :    )


Joe Joson
USA

blackhawk74@yahoo.com



2 comments:

  1. After playing the practice account and making consistently profitable trades, you can open a MINI real account for as little as $300 dollars.

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  2. Simply login to the secure site and choose your preferred deposit method. Should you need any assistance in choosing a suitable deposit method or help in how to fund your account, please contact our professional customer support by email, phone or live chat.

    ReplyDelete