
Spreads are the difference between buy and sell prices; brokers earn from spreads or commissions. Lower spreads help profits, while events can widen spreads and delay gains.
Learn how take profit automatically closes a trade to lock in profit, compare it with stop loss, explore one-to-one and two-to-one risk-reward, and note trailing stops as exit options.
Identify support and resistance levels on daily charts to spot bounce patterns, breakouts, and retests, time entries with RSI, and practice strategies in demo trading.
This course is designed to educate anyone who is interested in Forex, but doesn't really have a clue where to begin!
My name is Stacey, I have been trading forex for over 5 years now, and was once in the same position as you! Struggling to make sense of the ocean of information online!
When you first start and dive into the world of Forex, it can be a confusing and mysterious place, so I have built this course to cut through all of the unnecessary jargon and just included things you actually need to know, making the learning curve much smaller and simpler.
In this course you will cover all of the basics, such as what a pip is, and what tools you need to trade Forex, and then some education on tools you can use to begin to develop your own trading strategy!
Just Some of The Topics Covered in this Course:
What is Forex
Who Can Trade It
When You Can Trade Forex
What is A Pip
What Tools Do I Need To Start?
Chart Types
Trading Styles
Analysis Types
What Is Margin & How It Works
Support & Resistance
MUCH MORE!
A must for anyone starting out in the forex industry.
Once you have completed this course, you might want to check out my course on MT4, this will teach you how to use the tools available to you in the free MT4 trading platform.