In this course, you’ll learn:
✓Understanding the basics of the foreign exchange market (Forex)
✓Learning about currency pairs and how they are traded
✓How to make money by trading Forex
✓When to Buy and Sell a Currency Pair
✓Studying different order types and how to use them effectively
✓Identifying optimal times for trading based on market activity
✓Exploring the various participants in the Forex market
✓Learning the concept of margin in Forex trading
✓Exploring the advantages and opportunities that Forex trading offers
Curriculum
- 6 Sections
- 44 Lessons
- 3 Hours
Expand all sectionsCollapse all sections
- What is ForexThink the stock market is huge? Think again. Learn about the LARGEST financial market in the world and how to trade in it.5
- How Do You Trade Forex?Now, it’s time to learn HOW to rake in the moolah!10
- 2.1How to Make Money Trading Forex
- 2.2Know When to Buy or Sell a Currency Pair
- 2.3What is a Pip in Forex?
- 2.4What is a Lot in Forex?
- 2.5What is a Spread in Forex Trading?
- 2.6Impress Your Date with Forex Lingo
- 2.7Types of Forex Orders
- 2.8Trading Order Types Cheat Sheet
- 2.9Demo Trade Your Way to Success
- 2.10Can You Get Rich By Trading Forex?
- When Can You Trade Forex?Now that you know who participates in the forex market, it’s time to learn when you can trade!6
- Who Trades Forex?From money exchangers, to banks, to hedge fund managers, to local Joes like your Uncle Pete – everybody participates in the forex market!3
- Why Trade Forex?3
- Margin Trading 101: Understand How Your Margin Account WorksA beginner’s guide on how margin trading works. If you skip these lessons, you will quickly obliterate your trading account. Guaranteed.17
- 6.1What is Margin Trading?
- 6.2What is Account Balance?
- 6.3What is Unrealized P/L and Floating P/L?
- 6.4What is Margin?
- 6.5What is Used Margin?
- 6.6What is Equity?
- 6.7What is Free Margin?
- 6.8What is Margin Level?
- 6.9What is a Margin Call?
- 6.10What is a Stop Out Level?
- 6.11Trading Scenario: Margin Call Level at 100% and No Separate Stop Out Level
- 6.12Trading Scenario: Margin Call Level at 100% and Stop Out Level at 50%
- 6.13Trading Scenario: What Happens If You Trade With Just $100?
- 6.14Warning: Different Forex Brokers Have Different Margin Call and Stop Out Levels
- 6.15The Relationship Between Margin and Leverage
- 6.16Margin Jargon Cheat Sheet
- 6.17How to Avoid a Margin Call
