How to Trade Silver

Silver is among some of the big financial markets in the world.

Understand instruments and price fluctuations.

About Tutorials - Silver Tutorial for Beginner Traders

• About Silver Trading

Get a charting package which allows you to see the current price as it happens & a platform software that makes technical analysis tools available for you to use to analyze charts. The most popular platform is MT4 Platform. MT4 platform is easy to use, 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 and sell trading prices. The 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 platform - and also shows how the open trade transactions opened on your account which you bought or sold are doing.

Learn Platforms - Trading Guides for Beginner Traders

MetaTrader 4 Platform Guide - Silver Tutorial for Beginner Traders

Download MT4 Silver Software

The screen shot below shows the user interface of the MT4 Silver Software.

Learn a system which gives you signals of when to enter and when to exit trades. Following the markets price action is a popular technique that professional traders have been using for over a hundred years before starting to use charts. Candlestick chart patterns, indicators & systems can also be used. All these methods are discussed in detail on tradegoldtrading.com.

Silver Systems - Silver Tutorial for Beginner Traders

• Creating Strategies
• How to Create a System
• Writing System Rules
• Generating Trade Signals
• Tips For Creating Strategies
• Writing a Trade Journal
• Writing a Trade Plan
• Stochastic System Example Template
• Moving Average Cross Over system

The System uses the Indicators below:

Please Read The Indicators Guide Before Creating Your System - Silver Tutorial for Beginner Traders

• RSI Technical Indicator
• Stochastic Indicator
• Moving Average Technical Indicator
• Parabolic SAR Indicator
• MACD Technical Indicator
• Bollinger Bands Indicator
• ADX Indicator

Example of a System - Silver Tutorial for Beginner Traders

Start with a practice training practice account before trading with real money. First start byopening a demo account & practice with this practice account, until you get to understand how the market works and when you start consistently making good profits on this demo account then you can open a live account.

Account Topics - Silver Tutorial for Beginner Traders

• Types of Silver Accounts - Silver Tutorial for Beginners
• Practice Demo Account - Silver Tutorial for Beginner Traders
• Opening a Demo Practice Account

When you open a live account, trade with your plan and learn how to manage the emotions in silver trading by learning about market Psychology.

Market Psychology Topics

• Psychology of Silver Traders
• Silver Psychology and Emotions
• Trade Psychology Principles
• Trading Market Psychology Principles 2