How to Get Started for Beginners
Beginner's Guide: How to Start Your First Forex Trading, Find the Right Broker, and Begin Trading with the
Luxury EA Forex Trading Robot
In this article, I will explain how you can start trading forex from scratch until you can make money from forex trading using the Luxury EA Forex Trading Robot.
The purpose of this article is to save you time on research. We have been in forex trading for over 7 years. We have a very professional team in forex trading. Each member of our team has their own knowledge and expertise, and the divisions within this team are diverse, including:
Market Research Division
Fundamental Analysis Division
Technical Analysis Division
Trading Robot Division
In this article, we will focus solely on the use of trading robots, unlike manual trading, which requires extensive knowledge of the market and hours spent in front of a screen just to analyze the market. This process takes time to master.
The trading robot we have created does not require any of that. We understand that for every beginner wanting to start trading, time is crucial. You can ask a professional trader how long they spent learning forex trading and how much time they spent just monitoring price movements. Did these professional traders spend just one year to become professionals? Often more than that—perhaps 5 years or even longer.
Aside from the importance of fundamental and technical knowledge in the market, there is something even more important: psychological factors and money management. You may start with a demo account, but once you begin trading with real money (a live account), most beginners will lose their funds. Why is that? Beginners often do not focus on self-control and emotions. You may feel very calm when using a demo account, but it’s not the same with a real account.
Beginners think forex trading is a way to get rich quickly, but there are no instant results in forex trading. You must learn good money management.
All of this takes time to master, which is why I mention that starting with manual trading will require a long time.
But not with trading robots. By using trading robots, you can gain greater time efficiency, eliminate emotional factors, and operate 24 hours a day.
OK, now let's start how to begin your forex trading journey. Here’s what you need to do:
1. Find Trusted Broker
The broker I use here is Exness. You can use Exness as your chosen broker. This is the best broker I have used so far. The withdrawal options are numerous, ranging from bank transfers, digital wallets, and even crypto. The withdrawal time is also very quick, taking less than an hour in my experience.
You can register with Exness through this link:
Luxury EA Exness
Exness Reviews on Trust Pilot.
2. Register using your email and mobile number.
3. Verify your identity.
4. Wait for your verification to be approved (usually takes less than 5 hours).
5. Once verification is successful, open a new trading account and choose MetaTrader 4 (recommended) if you want to use the Luxury EA Trading Robot.
6. Deposit into your account using the available options.
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