This online video tutorial is the first video of a full online series of coaching videos. In this series I will babystep you through your formation as a daytrader. If you haven't got any idea of trading yet you should start with this video in order to get to know your most important tool by means of which you will make your money in the future: The Metatrader 4 platform (MT4). If you want to follow the whole series, please be prepared for the following topics:
1. Introduction into MT4 platform: Installation and Setup
Helpful Metatrader Tools
2. Indicators and Oscillators
3. Understanding Candle Sticks
Understanding different Time Frames
Trading Candlestick Patterns
4. Risk- and Money Management
How much is the Pip?
Forget the Hit Ratio!
5. Fundamental Analysis
Using the Economic Calendar
Correlations and Seasonals
6. Technical Analysis
How to decipher and trade chart patterns
7. Successful daytrading strategies
Daily routine of a Daytrader
Long and Short Trading Strategies
8. Live Trading
Introduction into Metatrader 4 Platform
In this introductory video I will show you how to download and install your MT4 platform, how to setup your chart for your daily trading (change colors and layout), how to alter trendlines and trendline colors, how to alter fibonacci levels and the meaning of the different order types: Buy Stop, Sell Stop, Sell Stop and Sell Limit.
You want to learn daytrading from scratch and you want to know how to set up your Metatrader 4 platform and adapt it to your needs? Subscribe to ourYouTube YouTube Channel and don't miss the latest trading tutorials!