Category: Trading

Trading section offers articles of practical applicable nature with information about trading on financial markets. All nuances of trading, including technical analysis, trading patterns, orders, and advice to beginners. All this and even more can и found here.


How to Use MetaTrader 4 (MT4): Complete Guide for Beginners

An application for trading on financial markets, MetaTrader 4 was developed and is supported by MetaQuotes Software. Despite its quite deep history (released in 2005), MetaTrader 4 has been one of the most popular and actual software for traders ever since. Its recipe for success can be explained by three words, availability, simplicity, and effectiveness. MT4 terminal is free and multi lingual (supports about 40 languages), has a user-friendly interface all necessary features for manual and automated trading. Initially, the application was intended for trading on the Forex market, but later traders started using the terminals for other assets as well, such as CFDs on stocks, indices, cryptocurrencies, metals, commodities, etc. Result: an intuitive and user-friendly multi-purpose terminal, which allows to trade a wide range of instruments.

How to Trade on Forex? Ultimate Guide for Beginners

When an uninitiated reader encounters the collocation "financial market", they discern no difference between such terms as "stock market", "exchange", "Forex", "equity market", "bond market", "currency market", "derivative market", etc. So, I think there should be an explanation what the financial market really is. First of all, understand and remember that the financial market is not just a place for trading, but the entire system of the economic relations, which appeared in the process of exchanging different goods and recourses.

Which Market to Choose?

If you are a beginner trader, you are sure to be asking a question to yourself: Which market to choose for trading? The options are actually scarce: you can choose from Forex, stock market, and the new crypto market. Each of the above are virtually the same in terms of difficulty level, and each of the assets you can find there, be it a stock, a currency, a crypto, or a futures contract, acts in the same way for building an investment portfolio. In order to decide where to trade, you as a trader have to be knowledgeable not only about the markets as such, but also about your counterparts, or trading partners.