Posted by forex at 2:25 AM
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1. Research the websites of Forex brokers who provide free trading signals for account holders. Many brokers offer trading indicator and signal services to their account holders. You will find the types of signals offered on a broker's website. Make a list of several Forex brokers who offer free trading indicators.
2. Open free practice accounts with the brokers on your list. All Forex brokers allow someone to sign up for demo accounts to practice trades. Sign up for one or two accounts at a time and learn how to use each broker's trading software.
3. Practice trades using the free indicators or buy/sell signals provided by each broker. Keep track of which signals from which brokers provide the best results. Trade with the indicators for at least a month to get an accurate representation of the validity of a trading plan.
4. Open a live trading account with the broker whose trading signals provided the best results. Start trading using the indicators with small lot sizes, keeping track of your results. Most brokers with signals have several to choose from, so you can switch to the indicator you believe will provide the best results.