Forex Trading Beginners - Introduction - What is Forex Trading?

What is Forex Trading?

Every day, huge numbers of brand new Forex traders start trading for the first time on the Foreign Exchange market (also called Forex market, or FX for short).
More often than not, they were attracted to the Forex market because they believe that trading currencies is an easy way to make fast profits, diving right in without first educating themselves on how it actually works.
Don’t make the same mistake.
Even if you think that you know, or have an idea, of how the Forex market works, it’s still important to get the best trading education possible. Even expert traders follow courses. Why? Because the financial markets are constantly evolving, and trading knowledge can always be improved upon.
So, do you want to learn how to stack the odds in your favour?
You’ve come to the right place!
We’ve created the Complete Forex Trading Guide for Beginners. Created by industry professionals, this 19-part series provides a framework that will help you learn the basics on how to trade currencies, and make consistently profitable trades.
Throughout this guide you’ll become familiar with Forex concepts such as:
Currency pair quotation with base and quote currency
Cross-rates, majors, minors, exotics
Exchange rates
Bid and ask price
Margin, free margin, and margin call,
Long vs. short positions
Risk/reward ratio
Stop-loss and take profit orders
Not only that, you’ll learn how to develop your own trading strategy depending on your experience level, risk aversion, initial capital, trading profile, as well as investment goals.
It’s very important to set realistic goals in trading, so you stand a good chance of achieving them.
If your goals are not achievable within an acceptable amount of time, you won’t be able to trade with the right mindset. Instead you’ll instead be taking unnecessary risks to hit targets that are out of reach.
To make it easier, we’ve divided this guide into 3 sections:
Why do it
What is it
How to make money
If you’re not sure about whether or not online Forex trading is right for you, this section will help you decide.
You’ll learn why people do currency trading, and who should and shouldn’t trade this market.
If you’re not familiar with what Forex is, then this section will answer all of your questions. We’ll provide a short history about Forex trading and explain how it works, with simple examples.
You’ll learn about the most popular Forex currency pairs, and the best time of day to trade them. We’ll also explain how you can take advantage of margin and leverage trading and its different products (CFDs, FX Cash, and Spread bets).
If you’re wondering how to create a profitable and complete trading method as well as how to avoid costly mistakes that are often made by new Forex traders, this section is for you.
We’ll explain how to develop a winning Forex strategy to make money more consistently.
We delve into using chart patterns like head and shoulder, technical indicators like the RSI and Bollinger Bands. We also focus on important psychological price levels like support and resistance levels, as well as risk and money management tools like stop-loss and take-profit orders.
You’ll also learn about two of the most well-known ways to analyse the market: fundamental analysis and technical analysis, as well as how to use them in your trading.
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Gibonni - Tempera - Klapa Cambi - Cover a cappella akordionline 12/03/2021 - 16:25
Sto te nema - Toma akordionline 11/25/2021 - 15:39
Sto te nema - Toma - Gitara akordionline 10/13/2021 - 14:26
Ponoc - Pesma iz filma "Toma" - Akordi za gitaru akordionline 10/10/2021 - 20:02
Forex Trading Strategy - Setups With My Forex akordionline 10/07/2021 - 15:32
Forex Trading Strategy - Advanced candlestick analysis akordionline 09/30/2021 - 08:17
Imati pa nemati - Dzej - Cover na gitari akordionline 09/29/2021 - 23:28
Forex Trading Strategy - Support & Resistance Areas akordionline 09/28/2021 - 22:59
Forex Trading Strategy - My Price Action Trading Strategy akordionline 09/28/2021 - 09:48
Introduction akordionline 09/25/2021 - 19:57
Forex Trading Beginners - Next steps akordionline 09/25/2021 - 19:36
Forex Trading Beginners - Dangers of Forex Trading akordionline 09/25/2021 - 19:34
Forex Trading Beginners - New Forex Trader Mistakes akordionline 09/25/2021 - 19:33
Forex Trading Beginners - Technical vs. Fundamental Analysis akordionline 09/25/2021 - 16:36
Forex Trading Beginners - Winning Forex Strategies akordionline 09/25/2021 - 16:35
Forex Trading Beginners - Forex Risk Management Strategies akordionline 09/25/2021 - 16:32
Forex Trading Beginners - Mind, Money, Method akordionline 09/25/2021 - 16:31
Forex Trading Beginners - Making a Living Trading Forex akordionline 09/25/2021 - 16:29
Forex Trading Beginners - Forex Trading Examples akordionline 09/25/2021 - 16:27
Forex Trading Beginners - Forex Regulation And Protection akordionline 09/25/2021 - 16:26
Forex Trading Beginners - Best Time of Day to Trade akordionline 09/25/2021 - 13:21
Forex Trading Beginners - How Margin Trading Works akordionline 09/25/2021 - 13:19
Forex Trading Beginners - FX cash, CFD or Spread Bet? akordionline 09/25/2021 - 13:16
Forex Trading Beginners - FX cash, CFD or Spread Bet? akordionline 09/25/2021 - 13:16
Forex Trading Beginners - History of Forex Market akordionline 09/25/2021 - 09:43
Forex Trading Beginners - Popular Traded Currencies akordionline 09/25/2021 - 09:40
Forex Trading Beginners - How Does Forex Work? akordionline 09/25/2021 - 09:38
Forex Trading Beginners - Why Forex is (or isn’t) for You? akordionline 09/25/2021 - 09:28
Forex Trading Beginners - Why is Forex Popular? akordionline 09/25/2021 - 00:14
Forex Trading Beginners - Introduction - What is Forex Trading? akordionline 09/24/2021 - 23:09