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FOREX Trading for Beginners

Metatrader4 usage, Market Analysis for Entry & Exit, Risk Management to minimize losses & maximize profit

CSAForex

Summary

Price
Save 52%
£12 inc VAT (was £25)
Offer ends 07 December 2032
Study method
Online, On Demand What's this?
Duration
2.5 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Reed courses certificate of completion - Free
4 students purchased this course

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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

5
sections
34
lectures
2h 31m
total

    • 6: Forex Basics 00:23
    • 7: What is forex trading Preview 03:33
    • 8: What can be traded 02:00
    • 9: Why trade forex 02:27
    • 10: Who can trade 01:29
    • 11: When can you trade 01:04
    • 12: Where can you trade 00:53
    • 13: How to trade 02:04

    • 14: Forex Trading overview Preview 01:55
    • 15: Intro to Metatrader4 05:00
    • 16: Metatrader4 Environment 12:14
    • 17: Open a Trade - Market Execution 10:52
    • 18: Open a Trade - Pending Orders 10:35
    • 19: Calculate SL & TP - Modify Trades 13:51
    • 20: How to Close a Trade 02:44

    • 21: Introduction to Market Analysis 02:11
    • 22: Fundamental Analysis - Breaking News 01:54
    • 23: Examples of Breaking News 10:11
    • 24: Fundamental Analysis - Scheduled News 01:37
    • 25: Forex Factory - Economic Data 11:23
    • 26: How to pair 2 currencies 06:28
    • 27: Russia 2018 World Cup example 07:03
    • 28: Technical Analysis - Price Action 02:05
    • 29: Technical Analysis - Support & Resistance 06:23
    • 30: Russia 2018 World Cup example 04:22

    • 31: Money Management - Leverage, Equity, Free Margin, Margin 04:38
    • 32: Lot Size Calculation - Minimize Risk 04:46
    • 33: Risk to Reward - Maximize Profit 04:51
    • 34: Magic of Compounding 05:13

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

No questions or answers found containing ''.

shelly asked:

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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Legal information

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.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

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An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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