This includes several aspects: 1, proficient in trading software. This is the foundation, there is nothing to talk about.
2. Know the main trading hours.
3. Understand foreign exchange contracts. I believe that platform vendors are basically operating now, and rarely open accounts in banks. When doing foreign exchange transactions, we must be clear about the contract value, leverage and margin calculation of foreign exchange contracts. This is very important because it is related to the calculation of positions (position management). You can refer to the article Position Management (Position Calculation).
Second, learn 2-3 mainstream indicators (such as K-line, moving average, Sto, that is, kdj, Brin, etc. ).
Why should we learn 2-3 indicators instead of letting you learn a lot of indicators? Subsequent transactions are not based on indicators. I know more indicators, but I can't get out if I get stuck in the back. Learning 2-3 indicators is the basis of your previous order. Regarding learning this indicator, you can read a book introducing mainstream indicators or find someone who is slightly proficient in the use of several mainstream indicators in this industry to tell you about the most basic usage of several indicators, and remember not to dig deep into the usage of indicators. Many people say that it is useless to read this book and that book, the books of this great god and that great god. Those books are valuable, but they are not what you should read at this stage. Just like the memoirs of a stock trader, you only read them as stories, and you can't understand the contents.
Third, after understanding several basic indicators, simulate the disk simulation exercise.
It's easy to open an analog number for the next mt4. At this time, it is necessary to understand that the next simulation disk either requires you to learn how much money to earn or requires you to skillfully use those indicators. This time can be long or short, from a few days to a week.
Fourth, understand several economic data that often appear in foreign exchange.
Skilled in operating analog disk, with basic ordering basis. Next, it's time to learn about several common national economic data and news events. For example: non-agricultural, American index, ADP, GDP, initial application, CPI, PPI, PMI, QE, interest rate decision, central bank meeting, etc. Understand the short-term impact of these news stories on the disk, but remember that they are for your understanding, not trading accordingly. Because these messages are time-sensitive, the impact on the disk trend is within a certain period of time, and it is hard to judge how long this time is, let alone a novice god. Since the transaction is not based in this area, why do you need to know these news stories? There is only one purpose. Most novices don't understand position management, and positions will be heavier. These news stories will have an impact on the disk in a short time. I know these news stories to avoid the release time of these data. (People who like to gamble on data say) This process is about 1-2 weeks.
5. Open a Wechat business account.
There is almost a month's study preparation time ahead, so you can have a more comprehensive understanding of foreign exchange trading. Next, you can open a Wechat business account, such as 100 or 200 dollars. Here is a suggestion: the account should not exceed 500 dollars, and each order should be placed at 0.0 1 lot. Remember, only 0.0 1 hand. Stick to it for half a year. If you can stick to what I just said for half a year, you will definitely thank me for this sentence. Haste makes waste, which has three purposes. First, you can live without heavy losses. Second, dilute your gambling and cultivate strict discipline for you, instead of betting on quick money. Foreign exchange margin trading is like electronic drugs, not to mention how strong your resistance is, and people's desires are uncontrollable. In the first half of the year, it is not impossible to make a fortune through foreign exchange transactions, but it may also be close to zero; Third, the mentality of real quotation is different from that of simulated quotation. This half-year period is for you to adjust your mentality and gradually deepen your understanding and cognition of foreign exchange margin trading.
Sixth, communication.
The communication mentioned here is not communication in the ordinary sense. In the first half of this year, you will definitely communicate with people in the industry, but at that time you didn't have a deep understanding of the transaction yourself. Others tell you that you can only understand it in a simple way, or that you are misled by the theory of the so-called half-filled man, or that you simply can't understand what those powerful traders say. It is difficult to communicate with different levels of understanding. For example, I said that trading is not to predict trends, but to respond to trends. How many people can understand it? In the minds of a large number of retail investors, whoever judges the accurate trend of the disk will be awesome, but what is the fact? Master communication never talks about how to predict market trends. If you can stand playing only 0.0 1 in the first six months, I believe you will feel enlightened if you communicate with those awesome people after half a year. This is when you really enter the threshold of foreign exchange trading. But I know that people nowadays are too eager for quick success and quick success, too impetuous, and no one in 100 people can do it for six months.
7. Explore the establishment of your own trading system.
After the practice of firm trading in the first half of the year and the communication with Great God in the later period, the understanding of trading has reached a new stage. Summarize the trading records in the past six months, find out the reasons for your own profits and losses, and think about how to avoid losses as much as possible, and the trading system will gradually generate ideas.
8. Establish a trading system and strictly implement it.
It is not difficult to set up your own trading system, but it is not easy to say it is simple. Some people need months, while others can't finish it in a lifetime. Look at personal opportunities and understanding. If you really set up your own initial trading system, what you need to do later is to strictly implement it and constantly improve your own system. Make sure you don't lose money