Beginners are bound to experience losses; this is a common occurrence in forex trading. The most important thing is to consistently evaluate, rectify mistakes, and enhance the skills one possesses.
Choosing between MT4 and MT5 depends on preferences. MT4 suits forex traders, while MT5 offers more assets, advanced features, and a versatile programming language. Consider your trading needs for the better fit.
MT4 (MetaTrader 4) is more popular and has more extensive support, while MT5 (MetaTrader 5) offers additional features such as more timeframes and built-in economic calendar. The choice depends on individual trading needs and preferences.