Introduction to Forex Trading Business For Beginners
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Introduction to Forex Trading Business For Beginners

Learn the Forex Trading.We teach you everything to make you understand what this business actually is and how to do it ?
0.0 (0 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.
3 students enrolled
Created by Srikanth D.R.A.
Last updated 4/2017
English
Current price: $12 Original price: $20 Discount: 40% off
3 days left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1.5 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion

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What Will I Learn?
  • Understand the basics of Forex trading
  • How the Forex market actually works
  • How can you make money from Forex trading
  • All the foundation and basics that are required to move to next phase of advanced level.
  • Learn from live examples on how this business is done.
  • Knowledge on all the basic terminologies and analysis methods used in trading
  • How to recognize and solve the frauds and scams in trading
  • Understand the risks involved and how to solve it
View Curriculum
Requirements
  • Willingness to learn.
  • Someone who has an attitude to make money. Its an easy business, if done systematically.
  • Anyone can learn. Educational background on finance is not required.
Description

This course material is mainly designed as a foundation course for all who are willing to learn Forex Trading. The prime objective of the course is to lay a strong foundation for the learner regarding the basics of Trading. As we all know, the foundation is the most essential part of any structure. A building can afford any number of floors over it only if its foundation is strong enough. In the same way, we need to first acquire a thorough knowledge about all the basics in trading, so that we can advance further in a smooth way.

By deciding to learn and follow trading, you are entering into a serious business world and hence you should train your mind to think so. As in every business, there are certain points that each trading aspirant has to first understand - like,

  • The basics of trading business
  • What is the profit in it
  • What are the risks incurred
  • How to overcome the risk
  • How to overcome the loss, if any
  • What is Forex Business
  • What are the traps waiting


Considering all the above points, in our course, we take you through a series of videos that cover the entire basics of Forex trading business.

The course is structured such that it takes you through different sessions that explains all that a trader needs to know, clears the doubts in the mind of trader, give a thorough basics knowledge and exposure to trading world. 

The topics covered are,

  • What is traded in Forex Business
  • What is Forex Trading  or currency trading and how does this business happen
  • What are Major Currency Pairs in Forex  
  • What are Cross currency pairs in Forex
  • Market Size and Liquidity of Forex market
  • Why is Dollar called as King in the Forex Business
  • Different Ways to trade Forex
  • Effect of Forex market on other financial markets
  • Who Trades Forex
  • Forex market Business participants
  • Difference between Forex Market business and Other financial  Markets
  • Advantages Of Forex Trading over other markets


We also take you through the different types of analysis done in Forex market business like,

  • Fundamental analysis
  • Technical analysis
  • Sentimental analysis


Without knowing the terminologies used in the trading world, you cannot take even a single step in the trading business world. So in our videos, we are giving a detailed explanation of all the terminologies used, which includes,

  • Defining pip 
  • Reading the currency quote in Forex
  • Explanation of bid and ask prices
  • Leverage
  • Margin
  • Equity
  • Balance
  • Lot
  • Spread
  • Commission
  • Stop loss
  • Take profit
  • Trend 
  • Short selling in Forex


How a trader make money in Forex is illustrated with examples. One of the highlights of trading is that we can grab the opportunities in our business by placing pending orders. Hence it is explained in detail with examples as,

  • Types of orders
  • Market orders
  • Pending orders (Sell Stop, Buy Stop, Sell Limit, Buy Limit)


While in business, you should know about the best time to do the business. So, time of trade is an important factor, and hence we have developed videos on,

  • Forex Trading Sessions
  • Best Time of Day to trade Forex 
  • Best Time of the Week to trade Forex 
  • Worst Time of a day to trade Forex 


The success in every business lies in knowing the areas where we might get cheated or where the traps are laid for us. We will take you through different types of frauds and scams that you should be aware of and should avoid under the following videos,

  • Choosing a broker for your trading business
  • How to recognize a cheating broker and avoid dealing with them  
  • Forex Frauds


Once you understand about selecting brokers and also the frauds, we will guide you step by step on how to register and open an account. That is, we are giving guidance on how to start your own business with the help of below videos,

  • Opening a Trading Account with the right broker
  • How to deposit and withdraw money from brokers
  • The registration process of one broker


Once you register with broker, it is time to execute the trading business. So our next step is to help you download and make you familiar with the tool that we use for trading business. The following video session covers,

  • Downloading your trading terminal platform
  • Opening a demo account for practice with real time environment
  • mt4 trading terminal introduction
  • Customizing chart
  • Placing your first market order
  • Setting up your mt4 terminal
  • Adding indicators to your mt4
  • Setting up profiles in your mt4


In addition to all above, we provide you with videos on some technical tools that are helpful in the trading business like,

  • Trend is your friend
  • Identifying Trend
  • Explanation of moving average indicator and how it works
  • Placing Pending Orders
  • Drawing support and resistance lines
  • Trend-lines 
  • Introduction to candlesticks and price action
  • Why indicators are delayed
  • Why choose Price Action
  • Types of signals, continuation and reversal pattern signals etc…etc…


We are giving you more awareness additionally about trading world through below videos,

  • Legends of Forex trading
  • Why many  traders fail in this Forex business
  • What type of trader you are
  • Swing trading (long term trader)
  • Speculator
  • Position Holder


In future, we will be adding more videos which will be available for free along with this course.

The ultimate objective of this course is making you understand the foundation of Forex trading business in detail and it is done systematically. Now the next question will be ‘What is next’ after completing this course !!!

We have the answer for it…Watch our video “What’s Next”…

In this video, we guide you to the next step to be followed to become the most successful trader…

Thank you and wish you all success, as you enter into the trading world.


Who is the target audience?
  • Any Student who wishes to make career into Hedge funds and Investment banks
  • Any One who is willing for an additional source of income from Forex trading
  • Any retired person who wants to work from home
  • Any one who wants to become their own boss and start their own business
Compare to Other Forex Courses
Curriculum For This Course
27 Lectures
01:42:29
+
Introduction to Forex Markets
4 Lectures 08:40

Introduction to Forex Trading Business
What is Forex ? What is traded in Forex ?
What is Forex Trading or Currency trading and how does that happen ?
Major Currency Pairs ? Cross currency pairs?

Preview 03:30

Why is Dollar called as King ?

Different Ways to Trade Forex ?

Effect of Forex on other financial markets ?
Market Size and Liquidity of Forex market ,.
02:01

More info on Forex market participants

Who Trades Forex? More info on Forex market participants
01:34

Advantages of Forex Trading over other markets .
Preview 01:35
+
Basic Terminology of Forex Trading Business
6 Lectures 19:35
Types of analysis in Forex markets: Fundamental ,Technical and Sentimental
04:32

Reading the currency quote in Forex. Explanation of bid and ask prices.
02:49

Defining a Pip ?Defining Leverage ? Defining Margin in Forex markets
03:55

Defining Commission .
Defining StopLoss and TakeProfit. Example of StopLoss and TakeProfit

Preview 01:52

Defining Trend and identifying Trend. How a trader makes money in Forex ?
03:30

+
Know everything about Forex Brokers
4 Lectures 14:00
How To choose a right Broker before you start your Trading Business .
04:13

Types of Forex Brokers . More qualities of good broker
05:20

How to detect if your Broker is cheating you ?
01:51

Different Types of Forex Frauds you should be aware of
02:36
+
Forex Trading Sessions
1 Lecture 02:55
Forex Trading Sessions. Best Times and Worst times in a Day and Week to Trade
02:55
+
Registration process with a Forex Broker and opening Demo Account .
1 Lecture 03:54
opening a trading account. Downloading your trading terminal platform.
03:54
+
Introduction to MT4 Trading Terminal
2 Lectures 15:54

Mt4 trading terminal introduction. Customizing chart Setting up your mt4
terminal.Adding indicators to your mt4.Setting up profiles in your
mt4.Place your first market order

Understanding Mt4 Terminal Features and how to work on it
06:59

Placing Market orders and Pending orders on terminal with live examples
08:55
+
Technical Analysis Section
3 Lectures 20:17

Understanding Market & Pending orders (Sell Limit, BuyLimit, SellStop, BuyStop)
06:18

Learning About Trendlines and explaining rules on how to draw a trend line .
11:15
+
Understanding what type of Trading personality you are?
1 Lecture 02:27
+
Introduction to Price Action Trading
3 Lectures 05:04
Introduction to candlesticks and price action. Why indicators are delayed.
02:17

Why choose Price Action Trading
01:32

Types of signals, Continuation and Reversal Pattern signals
01:15
+
Legends of Forex Trading
1 Lecture 04:25
A Video on some of the most successful Forex Traders
04:25
1 More Section
About the Instructor
Srikanth D.R.A.
0.0 Average rating
0 Reviews
3 Students
1 Course
Full Time Forex Trader, Fund Manager and Coach

Hello and Greetings for the day…

Introducing myself as D.R.A and my sincere thanks to you for spending your valuable time in reading this .

Let me have a brief introduction about myself. Since 2005, I have been in Trading Financial markets. Like many other people, I too was fascinated by the financial markets which attracted me to trading world and this attraction was more empowered by the wish to make quick money. But, when I started my journey in trading, I recognized that reality is much different from imagination.

I understood from the loss of my few dollars initially that, we cannot be successful in trading by merely knowing the concepts or indicators in the market. What is primarily required to know is ‘how to approach the market in right way with right mindset’. That is the key requirement.

Forex market is a clever mind game and is not as rosy as it seems. After experiencing the hurdles I had to get through in the initial stages, I learned how to survive in the Forex market and how to earn money, through immense hard work and tiresome research. Now I am proud to say that I am a professional trader and make my living out of Forex trading.

For your curiosity about my educational background, I am basically an Engineering graduate and later moved to financial sector out of passion. In this, I earned experience by working with various financial firms and Investment banks and also have headed some of the top management companies.

Finally I moved out to become a full time trader. While continuing as a trader, I could complete the two levels of prestigious CFA charter holder programme from USA. After gaining more and more experience, now I am in the process of preparing for the final level.

Since I have gone through the bitter experiences of lacking proper guidance and time spent on research to find proper strategy, I am completely known about the difficulties each trader face. Hence I felt of sharing my knowledge and find-outs with people who are in trading world as well as for the fresher’s who are wishing to be traders. The course is developed with this intention and surely this will teach you from the basics and guide you through practical ways of doing the trading without any confusion.

From my experience of training hundreds of students, I could understand what lacks in the understanding of trading by newbies. Hence my course materials are structured mostly in the form of animated videos and live examples with detailed explanations, so that it is easy for any person to understand. It is not necessary to have a financial knowledge too to comprehend it.

Trading is not a tough job, if you learn the required skills systematically and implement it in a disciplined way. You will start loving trading once you get into the right path. I assure you that this course will surely help you become a successful trader.

I, request you to please go through the details of the course materials so as to get a complete picture on the topics covered.