FOREX Trading for Beginners
Metatrader4 usage, Market Analysis for Entry & Exit, Risk Management to minimize losses & maximize profit
CSAForex
Summary
- Reed courses certificate of completion - Free
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Overview
For those New to the Business of Trading, this is a good foundation to bring you up to speed.
‘’FOREX Trading comprises 2 words i.e. FOREX which stands for currencies & everything that has to do with the FOREX Market while Trading is the skillful Buying & Selling.
FOREX Trading is an art where you pair 2 currencies together where one is weakand the other is strong. It's a business where Profit is realized from the fluctuations in Price.’’
In this course you will learn how to read & understand the Market like an OPEN Book for Profitable Trading. Market Analysis using the Fundamentals & Technicals mixed with the Risk Management to Minimize Losses & MaximizeProfit will also be covered.
Curriculum
Course media
Description
FOREX Trading comprises of 2 words ie FOREX which stands for currencies & everything that has to do with the FOREX Market while Trading is the skillful buying & selling.
FOREX Trading is an art where you pair 2 currencies together where one is weak and the other is strong. It's a business where Profit is realized from the fluctuations in Price.
You will learn from a Beginners point of view (pov), how to use the Metatrader4 trading application to Open, Modify & Close trades. You will be knowledgeable on the many FOREX terms such as Pips, Swap, Spread, Equity, Leverage, Margin, Free Margin etc
You would also know how to calculate your Stop Loss and take profit parameters using PIPs. Risk Management techniques to minimize losses and maximize profit with the aid of the volume/lot size calculation.
You would be able to develop a solid trading strategy to effectively trade and be consistently profitable in the FOREX Market.
From over a decade of experience, you'll undergo the Mentor-ship program that will guide you as a Newbie in this shark infested waters of the FOREX Market.
This is for Beginners but Intermediate & Advanced traders are also welcomed to take the course.
Forex Trading for Beginners Course Outline
1. Introduction to Forex Trading (What, Who, When, Where, How to trade)
2. How to pick Broker of choice
3. Intro to Metatrader4 Trading Application (Open, Close & Modify of trades)
4. Market Analysis (Fundamentals & Technicals for proper Trade Entry & Exit)
5. How to combine Fundamentals & Technicals together with case study
6. Risk Management (Minimize Losses & Maximize Profit)
7. Magic of Compounding
etc
Who is this course for?
- Anyone looking for extra source of income.
- Beginners, Intermediate & even Advanced traders yet to be consistently profitable.
- Forex Trainers looking to improve on their craft.
- Anyone looking to learn the Art of FOREX Trading the proper way.
Requirements
Willingness to learn
Career path
Market Analyst / Forex Trader / Coach
Questions and answers
Q1 can I do this at weekends as I work 37.5 for NHS? Q2 Do I need a Deposit once qualified?
Answer:Hello Shelly, How are you? Yes, there are indices & cryptos that you can trade during the weekends. You can equally do it during the weekdays & not have to stare at the charts but check at intervals e.g. every 1h / 4h / daily depending on the timeframe you are using. You need to deposit once you feel confident and ready to start else you can use a demo account till then. Hope that helps, if any other question, do feel free to ask
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Certificates
Reed courses certificate of completion
Digital certificate - Included
Will be downloadable when all lectures have been completed
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This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.