Gold Lesson for Beginner Traders
Gold is among some of the big financial trading markets in the world.
Understand gold instruments & xauusd gold price fluctuations.
About Gold Guides - Gold Guide Course for Beginners
Get a charting platform software which allows you to see the prevailing price as it happens and make analysis. The most popular platform is MetaTrader 4 Platform Software. MT4 platform is easy to use, xauusd charts are well presented and the software has multiple trading analysis tools for a trader to choose and select from. The MetaTrader 4 platform/software displays charts on the computer screen: the charts show the current buy & sell trading prices. MT4 platform helps you to keep track of your funds on your account by showing the trading account balance and also calculates profits & losses and shows this info on the platform - & also illustrates how the open trade transactions opened on your trading account that you bought or sold are doing.
Learn Platforms - Gold Guides for Beginners
MT4 Gold Software Platform Lesson Tutorial - Gold Lesson for Beginner Traders
Download MetaTrader 4 Gold Software
The screen shot below shows the user interface of MT4 Platform.
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 100 years before starting to use trading charts. Candlestick 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 Develop a Strategy
- Writing Strategy Rules
- Generating Trading Signals
- Tips for Creating Trade Systems
- Writing a Trade Journal
- Writing a Trade Plan
- Stochastic Trading System Example Template
- Moving Average Crossover system
The System uses the Technical 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
- Bollinger Band
- ADX Trading Indicator
Example of a System - Gold Lesson for Beginners
Begin with a demo training practice account before trading with real money. First begin byopening a practice trade account and practice trading with this demo trade account, until you get to learn and understand how the market works & when you start consistently making good profits on the practice trade account then you as a trader can open a live xauusd account.
Gold Account Topics - Gold Lesson for Beginner Traders
- Types of Accounts - Gold Course for Beginners
- Practice Demo Account - Gold Lesson for Beginner Traders
- Opening a Demo Practice Trade 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
- XAU/USD Psychology & Emotions
- Gold Trade Psychology Guidelines
- Gold Market Psychology Guidelines 2
Study More Lessons & Topics:
- What Does a Gold Leverage of 1 500 Mean?
- Placing Arrows in Gold Charts in MetaTrader 4 Platform Software
- XAUUSD Open a Gold Order on MetaTrader 5 Mobile XAU USD App
- Dark Cloud Cover Bearish Candles Pattern
- XAU/USD Demo Practice Account MT5 Free XAU USD Account
