Gold Lesson for Beginner Traders
Gold is among some of the big financial markets in the world.
Understand gold instruments & xauusd price fluctuations.
About Gold Guides - Gold Guide Course for Beginner Traders
Get a charting package which allows you to see the current price as it happens and make technical analysis. The most popular platform is MetaTrader 4 Software. MetaTrader 4 platform is easy to use, xauusd charts are well presented and the software has multiple technical analysis tools for a trader to choose from. The MT4 platform/software displays charts on the computer screen: the charts show the current buy & sell trading prices. MT4 platform helps you keep track of your funds in your account by showing the account balance and also calculates profits and losses and shows this information on the software - and also shows how the open trades opened on your account which you bought or sold are doing.
Learn Platforms - Gold Guides for Beginner Traders
MT4 Gold Software Tutorial - Gold Lesson for Beginner Traders
The screen shot below shows the user inter-face of MT4 Software.
Learn a system which gives you trading signals of when to enter and when to exit trades. Following the markets trading price action is a popular technique that professional traders have been using for over a hundred years before starting to use trading charts. Candlestick chart patterns, indicators & systems can also be used. All these trading methods are discussed in detail on tradegoldtrading.com.
Gold Systems - Gold Guide Course for Beginner Traders
- Creating Trading Systems
- How to Create a Trading Strategy
- Writing Strategy Rules
- Generating Trading Signals
- Tips for Creating Trading Systems
- Writing a Trade Journal
- Writing a Trade Plan
- Stochastic Trading System Example Template
- Moving Average Crossover system
The Trading System uses the Indicators below:
Please Read The Indicators Guide Before Creating Your System - Gold Lesson for Beginner Traders
- RSI Indicator
- Stochastic Indicator
- Moving Average Indicator
- Parabolic SAR Indicator
- MACD Indicator
- Bollinger Bands Indicator
- ADX Indicator
Example of a System - Gold Lesson for Beginner Traders
Begin with a demo training practice account before trading with real money. First start byopening a practice account and practice with this practice account, until you get to understand how the market works and when you start consistently making good profits on this practice account then you can open a live xauusd trading account.
Gold Account Topics - Gold Lesson for Beginner Traders
- Types of Accounts - Gold Course for Beginner Traders
- Practice Demo Account - Gold Lesson for Beginner Traders
- Opening a Practice Account
When you open a live account, trade with your plan and learn how to manage the emotions in gold trading by learning about market Psychology.
Gold Market Psychology Topics
- Psychology of Traders
- Gold Psychology and Emotions
- Gold Trade Psychology Principles
- Gold Market Psychology Principles 2
What is a Trade Plan? - Writing a Plan Example Template
Alternatives: EA Automated Robots or Copier Trading Signals
