Trading Basics

At The INFINITAS, we understand the priority of streamlining the vast amounts of information processed daily in the financial markets. Our state of the art fx trading platform provides flexibility for all of today's most demanding of gold trading activities. The INFINITAS offers a free practice online fx trading account to trade with a virtual balance of $500,000 to get acquainted with the gold market. The Demo platform offers the same live steaming prices, news and order types as in a live online fx trading account.

Begin with a Practice Account

  • Evaluate your fx trading methodology and risk parameters
  • Choose a currency pair(s) that is appropriate for your style of trading
  • Determine the time you want to spend in the trade. (short term vs. long term)
  • Consider the risk/reward ratio for every trade (always know what you are risking vs. what you hope to gain)
  • Establish an exit plan or set appropriate stops and limits

Use the demo account to trade various online fx trading techniques based on fundamental and/or technical analysis. Run reports regularly to review your trading progression. This will allow the trader to adapt the correct style and improve on his/her trading plan.

Use this time to become acquainted with all the features our online fx trading platform has to offer, so you can utilize these tools towards becoming a more successful trader.

Keep a trading notepad

Most successful traders keep a trading journal. They use this to track the results of all of their trades. Why they executed a certain trade? Was it based on fundamentals or a technical trigger? Why they chose the specific stop and limit orders associated with this trade? All of these questions are necessary for a trader to enhance their trading strategies. Important elements of this journal are but not limited to the following information:

  • Time frame the trade was based on
  • Reason for entering the trade
  • Entry and exit prices
  • Strategy used to execute the trade
  • Risk-Reward ratio