Updated: May 9
“ We go slow here so we make sure we learn the right way. No instant gratification.”- IC
Trading foreign exchange on margin carries a high level of risk and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor before risking any capital. Everything in this document is for educational purposes only and should not be taken as advice on how to invest your capital. Always speak with a professional financial planner or advisor before making any investment decisions.
If a quick brush up is needed or even your first time learning than complete a 3 day course for free on Learn Forex Trading at School of Pipsology - BabyPips.com
Then play around with metatrader on any device with a demo acct
If you have zero experience then here are the links you might need.Under the links are tutorials on how to use each tool.
No nonsense forex basics
NOT FREE and im not affiliated or winning anything of this except wait the most important thing, another genius that can help us carry an entire team to financial freedom. Or atleast from having a boss man because that is the worst.
Metatrader download- https://www.oanda.com/account/mt4-download
Soft fx simulator-
or if you want to know more about the simulator
NNFX trade assistant- https://firewight.com/nnfx-ta
Download systems or indicators onto computer
Place system or indicator on chart (adjust settings if needed)
Record results and label the dates and times used, as well as system or indicator used
Create an efficient but non intrusive routine or goal that is numerically achievable
(ex. I will test 1 indicator through an entire year in 2 weeks)
A system consists of:
A base indicator
2nd confirmation indicator
ATR & risk management
Example of types of indicators we will be searching for and how they work
- Zero line cross (confirmation indicator)
Ehlers fisher transform
- Two line cross (confirmation indicator)
Aroon up down
- Chart indicator (confirmation indicator)
HERE IS EVERY SINGLE WEBSITE WHERE OUR INDICATOR SEARCH TAKES PLACE…….
THIS ONEForex MT4 Indicators – 4xone
Free MT4 Indicators (for-exe.com) not secure
RichPips Downloads v2.0: Forex Indicators not secure
MT4 Indicators and Add-Ons | Free Download| CMC Markets trading platform