learn the basics

Before you can begin to trade you will need to sign up with a broker. If you are taking your first steps in trading you can open a demo account which will allow you to trade real time in the Forex markets but without having to risk any money. It will give you the opportunity to learn how the trading platform works with the added advantage of being able to make as many mistakes as you want without it costing you a penny. I used to only recommend the broker that I was using at any given time but due to the fact that some would not serve customers in the US and Canada, I've decided it best to put everyone in touch with a guy called Justin Hertzberg and his company Forest Park FX. Justin's knowledge regarding forex brokers is second to none. Use this link and speak with him or someone at his office. More often than not he will get you a better deal than if you went directly to the broker yourself, plus...... he doesn't charge for this service.

Contact Justin at Forest Park FX for 1st class advice on which broker will be best for you.

How to set-up your brokers account and install the MT4 platform.

Opening and editing charts in MT4 and saving as a template.

Add labels to identify which chart you are working with.

How to calculate your risk and trading lot size.

£2494.36 profit in 19 minutes. Why this was such a dumb trade!!

How to take a trade and place orders using the MT4 platform