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Forex Trading For Beginners

Skill Success

Summary

Price
£29 inc VAT
Study method
Online
Duration
Self-paced
Qualification
No formal qualification
Certificates
  • Certificate of completion - Free
Additional info
  • Tutor is available to students
25 students purchased this course

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Overview

This course includes lifetime access so you can complete it at your own speed.

This course is designed for those interested to learn the basics of Forex Trading, using the Metatrader4 application, analyse the market trends, and know the risks involved and how to manage them.

Benefits of taking this course include:

  • Unlimited and lifetime access to the course
  • Learn the course at your own pace
  • Course can be accessed on any platform
  • 24/7 Customer support

Certificates

Certificate of completion

Digital certificate - Included

Course media

Description

Forex is mainly about the Currencies and what happens in the market, while Trading is about the skillful buying and selling of the Currencies in order to make profit. With that said, one must learn the art of Forex Trading.

Being in the industry as a market analyst for over a decade, I was able to simplify the business of Forex Trading to its barest minimum. Here, you will learn all you need to know as a beginner up to an advanced point of view.

You will learn:

  • How to use the Metatrader4 application
  • How to analyse the market using fundamentals and technical analysis
  • How to manage your risk

You will also get to know the pitfalls of Forex Trading so as not to fall victim to the shark infested waters. Join me as we embark on the journey of making money through the Forex market.


Forex Trading For Beginners will cover the following topics:

Section 1 - Forex Introduction

  • Introduction
  • Disclaimer
  • Tools Needed
  • Why Are You Here?

Section 2 - All About Forex Trading

  • Forex Basics
  • What Is Forex?
  • What Can Be Traded?
  • Why Trade Forex?
  • Who Can Trade Forex?
  • When Can You Trade?
  • Where Can You Trade?
  • How To Trade The Forex Market?
  • Broker Of Choice

Section 3 - Forex Trading Software

  • Forex Trading Overview
  • Metatrader4 Trading Application Introduction
  • Metatrader4 Environment
  • Open A Trade – Market Execution
  • Open A Trade – Pending Order
  • How To Calculate Stop Loss And Take Profit – Modify Trades
  • How To Close A Trade?

Section 4 - Market Analysis

  • Importance Of Market Analysis
  • Fundamental Analysis – Breaking News
  • Example Of Breaking News
  • Fundamental Analysis – Scheduled News
  • Forex Factory Economic Calendar
  • Pairing Of Two Currencies
  • Russia 2018 World Cup Example 1
  • Technical Analysis – Price Action
  • Technical Analysis – Support And Resistance
  • Russia 2018 World Cup Example 2

Section 5 - Risk/Money Management

  • Risk Management Intro – Leverage, Equity, Free Margin, Margin
  • Lot Size Calculation – Minimize Risk/Loss
  • Risk : Reward – Maximize Profit/Reward
  • Magic Of Compounding

Who is this course for?

This course is designed for those interested to learn the basics of Forex Trading, using the Metatrader4 application, analyse the market trends, and know the risks involved and how to manage them.

Requirements

No prior knowledge is required to take this course.

Career path

None

Questions and answers

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Reviews

4.3
Course rating
90%
Service
80%
Content
90%
Value

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.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

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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