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new trader

jacobethjacobeth Posts: 2 ✭
in Beginners Questions

Am new as a trader I just need baby step how to trade and how to open demo account

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    Samuhn74Samuhn74 Posts: 66 ✭
    Hey. You're just beginning your exciting way into the market, so I wish you luck. If we are talking about where you can start, I would recommend you to decide on the direction you want to go, nowadays more and more prefer Forex, but if you are interested, you can try yourself in binary options. Next, you should study the market, what it is, its main mechanisms and regularities, you should pick up indicators or other methods of analysis that will allow you to find profitable situations in the market, and of course try to trade on a demo, it is a quality tool for you to get a little bit familiar with the market and try to make trades, you need at least a little understanding of the system before you start working with real money.
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