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Finarm

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  1. MetaTrader4 (and MetaTrader 5) are the products of the leading developer of trading software, MetaQuotes Software Corp. The MetaTrader 4 platform has been in demand for over 10 years due to its reliability and ease of use. What’s interesting is that often, under the guise of their own platforms, brokers and dealing centers offer MetaTrader4, just with a slightly modified interface. The popularity of the platform is achieved due to the numerous advantages that make it a top-rated platform. These include a convenient interface, functionality sufficient for novice traders, the ability to test and implement your own strategies, a simple built-in MQL programming language for creating bots, etc. Plus, the platform is free, there are no trading restrictions Despite the popularity of these two options, it would be wrong to choose only from these two platforms (mt4 and mt5). The most rational approach is to fully compare all existing solutions using any financial solutions aggregator. This way you could evaluate your options and see what suits you best. There are plenty of options out there.
  2. Patience in Forex trading is not only about waiting for better conditions, but also about not rushing to get "any" profit. It's definitely easier to say this than to actually do it, but every successful trader should fight loss aversion, where losses are psychologically twice as powerful as gains. If you have a certain strategy, a plan, or a certain target, you should stick to it, rather then letting the fear of a loss defeat your confidence.
  3. Forex trading is quite risky indeed, but so are other trading markets. That is why it is advisable to start your trading career from learning risk management techniques and strategies. "Certainty" comes with experience. But one should understand that it's not as much of a trial and error approach but more of a learning experience. There is plenty of available material online. Check out Coursera or top business schools' online classes. Then you could find a good broker. Thus, it's not a very quick path but certainly, the one that wouldn't discourage you or disappoint you in the first week of trading.
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