When I first started trading, I often wondered what is the best forex trading platform? After all, I remember these thousands of dollars trading platforms being promoted online as well as in TV commercials. They really think that you can never trade successfully unless you have this magical software.
The ads will be very glamorous, and it shows that there are hundreds, if not thousands, of bells and whistles on the platform. When you are a new businessman, how can you not be influenced by such things? But as you become more experienced in trading, the truth becomes really clear, which is that none of those things are really necessary.
This is why so many people struggle with forex trading. They are deceived into thinking that all these gadgets actually provide a kind of insight to the market. Nothing could be further from the truth.
In fact, they are interfering with you. They are blocking your view of the importance of price action. Honestly, you can only trade in the market by looking at a simple bar or candlestick chart.
You can use one of the many free trading platforms available in the market like MetaTrader. There are dozens of brokers who offer free downloads on the MetaTrader charts.
Just pull a basic bar and candlestick chart, and follow the price of your favorite currency pair, and eventually you start to notice the underlying support and resistance points in the market.