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First of all, investors must register for an MT4 simulation, and only after that they can start the next step, although it is a simulated trading, but the trading environment and operation process are the same as real trading. One point to remind investors here is that before using MT4 simulation software, choose a formal trading platform, because there will be some differences between the simulation software provided by different trading platforms. Only when the operation of simulated trading and real trading is exactly the same, investors can be calm when trading in real life.
Secondly, investors can log in to the trading software to start operating after obtaining a simulated trading account, and they need to choose the demo server when logging in, which is important to investors, and there is no way to start simulated trading if the server is not selected correctly. In paper trading, as in real trading, investors should remember the trading account and password to avoid delaying the next operation due to forgetting the account password.
In addition, the purpose of investors using MT4 simulated trading is to learn the basic use methods, such as how to open and close positions, stop loss and take profit. In addition to this, some necessary technical analysis methods are also necessary for investors to master. It may take a little longer to learn the methods of technical analysis, and it is recommended that investors read more investment analysis reviews while practicing simulations, so that they can quickly improve their trading level in a shorter period of time.
Finally, after the investor has learned the basic usage, he can first use a small amount of money to make real trades. It is recommended that investors do not spend too much time on simulated trading, after all, the biggest difference between simulated trading and real trading is that the investment mentality is different, and making a profit in simulated trading does not mean that investors can also make a profit in real trading. Therefore, investors should also pay attention to strategy in real trading, and they can trade a small amount of money if they are not sure, so that they can accumulate investment experience and not have big losses.
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I searched for an insurance ** person on the Internet, saying that he could help me all.
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MT4 demo account is mainly suitable for novice users or users who are not proficient in foreign exchange operation skills. The trading process is the same as the real market environment. In the MT4 demo account, you can simulate the following behaviors:
Simulated trading strategy.
If investors use MT4 demo account, they can simulate trading strategies, investors can understand different trading strategies in the trading market, they can see what advantages different trading strategies can bring to investors in different market conditions, they can also see what kind of benefits such strategies can bring to investors' trading, in short, if investors take advantage of the best MT4 demo account, they have the opportunity to understand forex trading strategies, As a result, you can trade forex more successfully. Investors can know which strategy is most advantageous for investors' trading in real-time trading, so that they can successfully apply different strategies to deal with the most suitable market movements, which is very important for investors' trading.
Simulated trading skills.
If investors use MT4 demo account, they will have the opportunity to use such an account to simulate trading skills, so that they will have the opportunity to master different trading skills, and ultimately obtain trading benefits from the foreign exchange trading market, you know, different trading skills may help investors from different aspects, so that investors can trade more profitable, however, investors should also know that different trading skills may be suitable for different investors, because investors' trading styles and trading habits are different, Therefore, they may need to use different trading skills, through the MT4 demo account, investors can know what kind of trading skills are the most advantageous for investors, what kind of trading skills can help investors more successfully understand the transaction, for example, investors can use the MT4 demo account, to see how trading capital management should be applied, some investors may have such a way of money management, and some investors may have that way of money management, investors need to go through the simulation, It is possible to know which method is most advantageous for them, so if investors take advantage of the MT4 demo account, they can simulate different trading techniques and find the best trading skills.
Simulated trend analysis.
MT4 demo account can give investors more opportunities to simulate different trading trend analysis methods, in the foreign exchange trading market, investors may use different trend analysis methods, some investors may be better at fundamental analysis, and some investors may be better at technical analysis, investors can use such a demo account to simulate different trading trend analysis methods, so that you can be more successful in simulating trend analysis.
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Demo trading account, the trading funds are virtual, usually when opening a demo account, the platform will give virtual trading funds, these funds can be directly used for trading, but not withdrawn, if the loss is gone. However, other operations and technical indicators of simulated trading are consistent with real trading, but the trading funds are virtual.
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Demo trading, the same as you do real trading, is nothing more than your own difference.
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Click Next to sign up. Hope it helps. The questioner's comment is very thankful and comprehensive.
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Signing up for a demo account on the MT4 software is very simple, and the main thing is to see if the platform you choose is safe or not.
The steps to register are as follows:
2.Select "New Demo Account" as shown in Figure 2 below
3.Fill in the information of the application, and fill in the information of your own application directly. As shown in Figure 3 below
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2. Find "File" in the upper left corner of the platform, then find "Open a new demo account" and click it.
3. Select the forex demo trading server you want to log into.
4. Fill in the account opening information, the main information that needs to be filled in is the investor's name, contact**, contact email and other basic information, and the investor should fill in truthfully.
5. After the account is opened, restart your MT4 platform, and log in to the demo account you just registered to start simulated trading. Registration for an account on the MT4 platform is free of charge, and it is best not to choose if you encounter a platform provider that charges a fee. The free foreign exchange demo trading MT4 platform account is the account with the largest number of choices, because many investors use the MT4 platform to trade in the future, so it is best to choose the MT4 platform account to trade when conducting simulated trading.
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After people install the professional and regular MT4 trading software, it is necessary to carefully grasp the functions represented by each instruction of the relevant interface, so that it can be more widely used in actual operation.
Documents: Manage charts, print, historical data storage and data chart storage.
Viewing: Tool Properties, Window Management ("Market ** Cave", Data Window", navigation", terminal", testing") and programming language interfaces.
Insert: Manage terminal indicators, curve studies, and other objects.
Charts: Display bar properties, scales, chart properties, grids, object management.
Tools: Client Terminal, Historical Data Center, Synthetic Variables and MetaEditor (MetaQuotes Language 4 Editor) attributes.
Windows: A list of open windows and their current location.
Help: Information and guidance about the program.
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1. Trade your money as if it were real money. MT4 simulated trading funds are virtual, so many people don't take it seriously at all when they are demo trading, and start placing orders casually, because it's not real money anyway. With such a mentality of MT4 simulated trading, not only can not learn anything, but even make investors infected with bad habits when trading, so investors must trade money as real money when conducting simulated trading, as much as possible to simulate the real atmosphere of foreign exchange speculation.
2. Correct your mentality as much as possible. After MT4 demo trading can be profitable, many investors think that they can also make profits in real trading, but this is not the case. When investors conduct MT4 simulated trading and real trading, although everything seems to be the same, there is a certain gap in the mentality and method of doing single trading in the trading process.
This is also the reason why many people can make a profit by simulating but not by real positions, so investors must correct their trading mentality when trading.
3. Don't do simulated trading for a long time. Although MT4 demo trading is the same as real trading, because after all, the funds are virtual, and all the real trading is different. The main means of simulated trading is to help investors understand the market, so investors can trade in a small real position after a period of MT4 simulated trading, and it is not good to simulate for too long.
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