7 Steps: Your Introduction to Trading
4.4 (23 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
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7 Steps: Your Introduction to Trading

The Market, Brokers, Free Resources, Lingo, Metatrader, Calculating Risk, Fundamental Analysis + Technical Analysis
4.4 (23 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,080 students enrolled
Created by Henry Barton
Last updated 11/2016
English
Current price: $10 Original price: $25 Discount: 60% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 4 hours on-demand video
  • 104 Articles
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • YOU WILL UNDERSTAND THE MARKET AND WHO PARTICIPATES
  • YOU WILL UNDERSTAND HOW TO SET UP A DEMO ACCOUNT WITH THE RIGHT BROKER
  • YOU WILL UNDERSTAND HOW TO USE METATRADER (MT4) AND PLACE A TRADE
  • YOU WILL KNOW 18 FREE RESOURCES TO ASSIST YOU IN YOUR TRADING AND ANALYSIS
  • YOU WILL UNDERSTAND KEY TRADING LINGO AND WILL KNOW A FREE TRADING ENCYCLOPEDIA
  • YOU WILL KNOW AND UNDERSTAND HOW TO CALCULATE AND MANAGE RISK
  • YOU WILL KNOW AND UNDERSTAND FUNDAMENTAL, TECHNICAL AND SENTIMENTAL ANALYSIS
  • YOU WILL HAVE A STRONG OVERVIEW OF TRADING
  • THE FIRST STAGE IS TO UNDERSTAND TRADING THE NEXT IS THE DEVELOPMENT OF YOUR STRATEGIES
  • YOU WILL UNDERSTAND THE FIRST STAGE AND WILL BE ABLE TO PROCEED
View Curriculum
Requirements
  • The course will be suited to anyone wishing to attain an overview of trading whether you have some trading experience or you are a complete beginner
  • You can get rich a lot quicker with trading that other fields but you must know that trading is not a get rich quick scheme
  • We should all know that it takes time, patience and practice to develop a high probability strategy
Description

You will receive an introduction to trading by covering 7 progressive steps. By the end, you will understand the market and who you are competing against, how to set up a demo account with the MetaTrader (MT4) platform, along with selecting a broker. You will also know of 18 free online resources to assist you in your trading and analysis, how to calculate risk and also analysis including fundamental, technical and sentimental.

The key to trading is developing a high probability strategy with low and managed risk. This course will put you in a position where by you can start learning about strategy and developing your own trading strategies. 

Who is the target audience?
  • Someone who has an interest in trading
  • Someone who is considering or wanting to get started with their trading
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Curriculum For This Course
176 Lectures
05:09:58
+
INTRODUCTION
3 Lectures 06:32

Introduction to 7 Steps: Your Introduction to Trading

Preview 01:04

DISCLAIMER
00:30

NAVIGATION
04:58
+
STEP 1: WHAT IS THE MARKET AND WHO ARE THE PARTICIPANTS?
20 Lectures 01:04:56




1.3 WHAT ARE THE KEY MARKETS?
06:00

1.3 NOTES
02:13

1.4 WHO ARE THE MAIN PARTICIPANTS IN THE FOREX MARKET?
03:19

1.4 NOTES
00:33

1.5 WHO ARE THE PARTICIPANTS IN THE STOCK MARKET?
04:09

1.5 NOTES
00:39

1.6 WHAT ARE THE MARKET HOURS?
01:21

1.6 NOTES
00:36



1.8 FOREX IN MORE DETAIL PART 1
05:27

1.8 NOTES
02:49

1.9 FOREX IN MORE DETAIL PART 2
03:57

1.9 NOTES
01:16

1.10 A BIT OF FOREX HISTORY
06:35

1.10 NOTES
01:18
+
STEP 2: HOW TO SET UP A DEMO ACCOUNT WITH THE RIGHT BROKER
15 Lectures 24:49
2.1 INTRODUCTION TO STEP 2
01:47

2.1 NOTES
00:42

2.2 WHAT ARE THE DIFFERENT TYPES OF BROKERS?
03:42

2.2 NOTES
01:06

2.3 WHAT ARE SOME EXAMPLES OF BROKERS TO USE?
00:09

2.4 WHAT ARE SOME EXAMPLES OF BROKERS TO USE: US BROKERAGE ACCOUNTS
01:04

2.4 NOTES
00:06

2.5 WHAT ARE SOME EXAMPLES OF BROKERS TO USE: DIRECTLY TRADING FUTURES
01:10

2.5 NOTES
00:03

2.6 HOW TO SET UP A DEMO ACCOUNT WITH AN APPLE MAC
04:43

2.6 NOTES
01:12

2.7 WHAT IS SOME OF THE FALSE INFORMATION THAT BROKERS LIKE TO TELL YOU?
04:22

2.7 NOTES
01:00

2.8 HOW TO SET UP A DEMO ACCOUNT ON METATRADER
02:33

2.8 NOTES
01:09
+
STEP 3: HOW TO USE METATRADER AND PLACE A TRADE
30 Lectures 58:23
3.1 INTRODUCTION TO STEP 3: HOW TO USE METATRADER AND PLACE A TRADE
00:58

3.1 NOTES
00:20

3.2 LOG IN TO AN EXISTING DEMO ACCOUNT
03:11

3.2 NOTES
01:16

3.3 HOW TO PERSONALIZE YOUR PASSWORD
00:51

3.3 NOTES
00:19

3.4 THE OPTIONS THAT ARE AVAILABLE TO YOU: FILE
02:22

3.4 NOTES
00:45

3.5 THE OPTIONS THAT ARE AVAILABLE TO YOU: VIEW
03:20

3.5 NOTES
00:36

3.6 THE OPTIONS THAT ARE AVAILABLE TO YOU: INSERT
04:42

3.6 NOTES
00:25

3.7 THE OPTIONS THAT ARE AVAILABLE TO YOU: CHARTS
03:51

3.7 NOTES
01:42

3.8 THE OPTIONS THAT ARE AVAILABLE TO YOU: TOOLS
01:24

3.8 NOTES
00:30

3.9 THE OPTIONS THAT ARE AVAILABLE TO YOU: WINDOW
01:15

3.9 NOTES
00:22

3.10 THE OPTIONS THAT ARE AVAILABLE TO YOU: HELP
01:24

3.10 NOTES
00:05

3.11 THE OPTIONS THAT ARE AVAILABLE TO YOU: TOOL BAR ONE
02:07

3.11 NOTES
00:30

3.12 THE OPTIONS THAT ARE AVAILABLE TO YOU: TOOL BAR TOW
00:58

3.12 NOTES
00:29

3.13 THE OPTIONS THAT ARE AVAILABLE TO YOU: RIGHT CLICK
02:58

3.13 NOTES
00:09

3.14 HOW TO READ CHARTS PAIRS AND PRICES
05:26

3.14 NOTES
01:39

3.15 HOW TO MAKE A TRADE MANAGE A TRADE AND CLOSE A TRADE
11:31

3.15 NOTES
02:55
+
STEP 4: WHAT ONLINE FREE RESOURCES ARE AVAILABLE TO YOU?
2 Lectures 07:05
4.1 18 FREE ONLINE RESOURCES
05:54

4.1 NOTES
01:11
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STEP 5: WHAT TRADING LINGO MUST I KNOW?
27 Lectures 13:12
5.1 INTRODUCTION TO STEP 5: WHAT LINGO MUST I KNOW?
02:48

5.2 ASK AND BID PRICES
00:32

5.3 BALANCE
00:02

5.4 BASE AND QUOTE CURRENCIES
00:52

5.5 BULL AND BEAR MARKET
00:16

5.6 CAPITAL
00:03

5.7 DAY TRADER
00:07

5.8 EQUITY
00:23

5.9 FUNDAMENTAL TRADER
00:03

5.10 HIGH FREQUENCY TRADER
00:08

5.11 INTRA DAY POSITION
00:02

5.12 LEVERAGE
01:30

5.13 LONG AND SHORT
01:17

5.14 LOT
00:15


5.16 OPEN ORDERS
00:12

5.17 PIPS, POINTS AND TICKS
00:50

5.18 POSITION TRADER
00:06

5.19 ROLL
00:23

5.20 SAFE HAVEN
00:28

5.21 SCALPING
00:15

5.22 SPREAD
00:03

5.23 STOP LOSS AND TAKE PROFIT
00:25

5.24 SWING TRADER
00:04

5.25 TECHNICAL TRADER
00:04

5.26 TRAILING STOP
00:08

5.27 TREND TRADER
00:15
+
STEP 6: HOW CAN I CALCULATE AND MANAGE RISK?
6 Lectures 13:35
6.1 INTRODUCTION TO STEP 6: HOW CAN I CALCULATE AND MANAGE RISK? + THE STOP LOSS
02:56

6.1 NOTES
02:38

6.2 WHY DO YOU NEED A WRITTEN SET OF RISK MANAGEMENT RULES
02:32

6.2 NOTES
02:03

6.3 HOW TO CALCULATE THE RISK, HOW TO CONTROL AND MANAGE THE RISK ON EACH TRADE
02:48

6.3 NOTES
00:37
+
STEP 7: WHAT ARE THE THREE MAIN TYPES OF ANALYSIS?
73 Lectures 02:07:54
7.1 INTRODUCTION TO STEP 7: WHAT ARE THE THREE MAIN TYPES OF ANALYSIS
02:32

7.1 NOTES
01:10

7.2 WHAT IS FUNDAMENTAL ANALYSIS?
00:23

7.3 WHY DO PEOPLE USE IT, WHAT IS THE PURPOSE AND FOR WHAT REASON?
00:21

7.4 FUNDAMENTALS RELATING TO FOREIGN EXCHANGE
00:31



7.6 ECONOMIC CALENDAR
02:47

7.6 NOTES
00:03

7.7 EVENT RISKS
02:34

7.7 NOTES
01:17

7.8 HOW TO GET STARTED WITH YOUR ECONOMIC UNDERSTANDING
02:13

7.8 NOTES
00:38

7.9 WHAT IS TA, WHY DO PEOPLE USE IT, WHAT IS THE PURPOSE... EVENT R
02:22

7.9 NOTES
00:42

7.10 FOUR TYPES OF MARKET
02:03

7.10 NOTES
01:10

7.11 ON CHART ANALYSIS: HIGHS AND LOWS
02:41

7.11 NOTES
01:10

7.12 ON CHART ANALYSIS: SUPPORT AND RESISTANCE LINES
02:19

7.12 NOTES
01:59

7.13 ON CHART ANALYSIS: ROUND NUMBERS
02:01

7.13 NOTES
00:17

7.14 ON CHART ANALYSIS: TREND LINES
01:11

7.14 NOTES
01:18

7.15 ON CHART ANALYSIS: PATTERNS
02:24

7.15 NOTES
00:17

7.16 ON CHART ANALYSIS: FIBONACCI
03:21

7.16 NOTES
01:28

7.17 ON CHART ANALYSIS: MOVING AVERAGES
02:34

7.17 NOTES
01:33

7.18 ON CHART ANALYSIS: JAPANESE CANDLESTICKS
02:29

7.18 NOTES
00:51

7.19 ON CHART ANALYSIS: PIVOT POINTS
02:20

7.19 NOTES
00:49

7.20 ON CHART ANALYSIS: AVERAGE DAILY RANGE
03:48

7.20 NOTES
00:28

7.21 ON CHART ANALYSIS: LOOKING AT MOMENTUM
01:57

7.21 NOTES
00:46

7.22 ON CHART ANALYSIS: SEEING IN TERMS OF BUYERS AND SELLERS
02:46

7.22 NOTES
00:53

7.23 NOTES
01:07

7.24 ON CHART ANALYSIS: AREAS OF CONSOLIDATION - PENNANTS
00:59

7.24 NOTES
00:56

7.25 ON CHART ANALYSIS: AREAS OF CONSOLIDATION RECTANGLES
02:07

7.25 NOTES
00:19

7.26 ON CHART ANALYSIS: BREAKOUTS
04:43

7.26 NOTES
01:43

7.27 ON CHART ANALYSIS: FAKEOUTS
02:20

7.27 NOTES
01:00

7.28 ON CHART ANALYSIS: REJECTIONS
01:22

7.28 NOTES
00:54

7.29 ON CHART ANALYSIS: REVERSALS
01:21

7.29 NOTES
00:28

7.30 ON CHART ANALYSIS: RETRACEMENT
01:22

7.30 NOTES
00:18

7.23 ON CHART ANALYSIS: AREAS OF CONSOLIDATION - FLAGS
02:46

7.31 INDICATORS AND OSCILLATORS: WHAT IS AN OSCILLATOR AND LEADING AND LAG......
04:16

7.31 NOTES
01:05

7.32 INDICATORS AND OSCILLATORS: AVERAGE TRUE RANGE
02:20

7.32 NOTES
01:43

7.33 INDICATORS AND OSCILLATORS: STOCHASTIC
04:15

7.33 NOTES
00:54

7.34 INDICATORS AND OSCILLATORS: MACD
03:47

7.34 NOTES
00:22

7.35 INDICATORS AND OSCILLATORS: RELATIVE STRENGTH INDEX
02:56

7.35 NOTES
00:22

7.36 INDICATORS AND OSCILLATORS: ANALYZING WITH DIVERGENCE
02:40

7.36 NOTES
00:48

7.37 LOTS OF THE AUTOMATED MACHINES ARE USING THE OSCILLATORS
02:01

7.37 NOTES
00:35

7.38 INTRODUCTION TO SENTIMENTAL ANALYSIS
01:42

7.38 NOTES
00:20
About the Instructor
Henry Barton
4.4 Average rating
23 Reviews
1,080 Students
1 Course
Financial Trading Strategist

Previously I have taught many students ranging in abilities from no experience in trading to years in the financial industry. Including a wide range of backgrounds and personality types. At the business school we were teaching and mentoring an applied financial trading course.

The goal now is to teach students step by step how to develop a strategy that makes consistent profits consistently with low and managed risk. Starting with the introduction to trading. 

I personally trade my own funds using fundamental and technical analysis using a system of analyzing the highs and lows on a chart to asses the underlying buyer and seller strength in the market.