At present, the mainstream spot gold trading platform is MT4, and investors can download and install MT4 with computers or mobile phones for free.

Step 2: Apply for a simulated account.

After installing the MT4 version that meets the requirements of their terminals, investors can click File-Open a new simulation account, and then fill in their basic personal information according to the requirements of the page. 1 minute later, they can check the simulated account and password in their registered mailbox. Each simulation account has 654.38 million dollars of simulation funds for investors to operate. However, in order to prevent the loss of account numbers and passwords, investors should properly keep relevant emails and modify the original passwords to facilitate memory and preservation.

Step 3: Establish your own trading system.

When the preliminary work is ready, investors can start to use MT4 to build their own "trading system". Simply put, the trading system is the basis for investment in and out. First of all, investors should determine whether their trading cycle is 15 minutes, 1 hour or 4 hours; Then investors need to use different technical indicators, such as MA (moving average) or BOLL (boll channel), as the blueprint of their trading system, and according to the different positions between the gold price and these indicators, as a signal to open and close positions. For example, investors can use 15 minutes to do more when the BOLL price shows signs of stopping falling near the lower rail, and choose to close their positions and leave when it rebounds near the middle rail.