After reading a lot of forum posts and comments nothing I found technically easy for the newbie to begin with a Demo A/c and MT4 because all of us will do agree that first we must have this two things installed.
The purpose of this thread is to seek help how a newbie should set up his/her computer to start the practice (assume that he/she got education on Forex or know a bit and now want to practice trading)
For setting up my computer for practicing the trade, first I have opened a free demo account with a broker. I can access the practice platform offered by the broker but next question is that we must know the use of MT4 since everybody will talk about it and we will not understand anything unless we start using it.
So I have downloaded the MT4 platform and installed it!
Now my question is if I can start trading using the MT4 ( as I can buy/sell here for practice!) then what is the use of Demo account? That is where I have been stopped and confused!
The purpose of this thread is to seek help how a newbie should set up his/her computer to start the practice (assume that he/she got education on Forex or know a bit and now want to practice trading)
For setting up my computer for practicing the trade, first I have opened a free demo account with a broker. I can access the practice platform offered by the broker but next question is that we must know the use of MT4 since everybody will talk about it and we will not understand anything unless we start using it.
So I have downloaded the MT4 platform and installed it!
Now my question is if I can start trading using the MT4 ( as I can buy/sell here for practice!) then what is the use of Demo account? That is where I have been stopped and confused!