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Whether you have never traded before, started trading manually, having someone trade an account for you or are already creating your own algorithms, this article will help guide you from start to finish and is packed full of great resources which will help you improve your techniques and therefor your returns.
Where to start?
For those who have not traded before or are relatively new to it all, here’s how you get started in trading forex, commodities and index markets. First, you need a trading platform and broker to allow you to access financial market data and place orders into the market electronically. Once you have the software installed, you can then create a demo account which allows you to practice your skills either manually or via algorithmic trading. Opening a demo account means you are able to access financial data (fully customisable charts, indicators and more) on markets such as AUD/USD (Aussie or Australian Dollar), USD/JPY, EUR/GBP along with a range of smaller markets such as the USD/ZAR (South African Rand). On top of forex markets, you will also have access to Oil, Cotton, Coffee, Sugar, Gold, Silver, Copper.. Then there’s the stock index markets, which include the top number of shares of that market. For example the AUS200 comprises of the top 200 companies in the Australian Stock Exchange (ASX) and is essentially a calculation of the value of those companies in a bundle.
Once you have the platform, and therefore access to data history and testing software you can begin learning and working on your coding skills and trading abilities. The MetaEditor software is used to create your code and then files are then available or testing and live trading in your MetaTrader 4 platform.
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ALGORITHMIC TRADING WALKTHROUGH: FROM START TO FINISH
Reviewed by Unknown
on
March 03, 2018
Rating:
Reviewed by Unknown
on
March 03, 2018
Rating:
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