FX Basic Course
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FX Basic Course
Features Of Forex Basic Course
- You can start with as little as $1000 & earn $300 every month minimum.
- Trade anywhere in the world as all trading is done online.
- Trade from any laptop as long as you have an internet connection.
- The market is really big ($4 Trillion a day) which ensures that you can buy and sell virtually at any point of time.
- Unlike stocks which you generally have to buy, you can profit in rising or falling markets.
- Because of the high liquidity and constant need for global currency trading, the market offers several high probability opportunities a day.
- You can educate yourself to make independent decisions on the investments you are making in the Forex Market.
Requirements
- No fundamental or technical knowledge required for taking this course!
- To trade actively, you can use many software solutions
- Anyone keen to learn more about the forex trading market
- Personal investors who are looking to invest in a recession-proof market
- Everyone can learn to become successful in the Forex market!
FX Basic course guide videos
FX Basic Course Topics
Introduction to the Forex Market
This guide will introduce you to the forex market and will share insights into how the market works. This introduction to Forex trading is the first lesson in our FX Basic Course. Throughout our online courses, we will be teaching all about Forex trading, which has become a very popular money-making vehicle.
Trading Strategies and Styles
There will always be different ideas about how often to trade, how long to hold a position and when to enter or exit the market. But, there are four main styles and strategies at the core of trading: scalping, day trading, swing trading and position trading. Different trading styles depend on the timeframe and length of period the trade is open for.
Knowing Your Trading Currency Pairs
What actually takes place when you trade Forex? What does it mean when we talk about "currency pairs"? The concept of Forex trading can be a little tricky to grasp. Trading stock involves the buying and selling of a piece of a company while Forex trading involves buying a portion of a country’s currency. The price of one currency in a currency pair is measured against another currency. It’s like going to the bank and exchanging a dollar for a euro. You are selling your dollar and buying a euro or a part of a euro.
Reading Charts and Candlestick Charts
Candlestick charts are used by traders to determine possible price movements based on past patterns. Candlesticks are useful when trading as they show four price points (open, close, high, and low) throughout the period of time the trader specifies. Many algorithms are based on the same price information shown in candlestick charts. Trading is often dictated by emotion, which can be read in candlestick charts. Trading is all about reading charts and candles. If you understand the trick, you become successful, and we help you in becoming one.
Placing Trades
Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties. After identifying the pairs, we will help you in placing the trades using the right tools and technology.
Fund and Trade Management
While mutual and investment funds should never be traded like stocks, investors need to learn how to buy and sell funds to optimize their returns. To become a successful trader, you need to know and manage your funds efficiently. We help you in learning the basics of fund and trade management here!