Forex educational. Free Forex training for dummies and beginners. Who developed the training course

Good afternoon, dear readers, Alexey Morozov and Dmitry Shaposhnikov are with you on HeatBeaver. In today's article we will begin to talk about making money on Forex, namely, about indicator methods and trading on news.

Of course, it is impossible to describe all the secrets of stock trading in one post, so we plan to cover the material in stages.

So, first things first, simple and clear!

1. Basic types of Forex trading

Conventionally, we can divide the strategies of all traders on currency, stock or commodity exchanges into two large categories: short-term and long-term.

Category 1. Short-term strategies

Short-term traders open and close all their trades within one day, but, as you know, Forex can be worked in different time periods.

Therefore, short-term trading strategies break down into two more components:

1. Scalping or pipsovka– time intervals from one minute to thirty are used to open and close positions.
2. Intraday trade– optimal time frames – from a quarter of an hour to four hours.

To successfully make money on short-term strategies, traders clearly determine where to enter a trade and where to exit.

The key advantage is that a large number of positions are opened, so the percentage of unprofitable ones will always be lower than the percentage of profitable ones, and the speculator will remain with a profit.

Category 2. Long-term strategies

Traders who open long-term trades may not exit positions for either several days (for example, from Monday to Friday), or even weeks or months.

Professionals who know how to analyze the market well sometimes hold open positions for several years, eventually taking colossal sums of money.

To succeed in long-term strategies, you must correctly understand “where the price is looking” and open trades in the direction of its “look”.

There are two advantages here:

• long term strategies less stressful than short-term;
• you don't have to pay all the time spread broker, so the total income is greater.

Here you can’t do without good self-control, because you need to not give in to emotions and not close transactions even when prices do not change as planned, and their every movement leads to a decrease in profits.

What type of trading to choose is up to you. Practice shows that beginners in any direction often lose money, and professionals make money, because trade skill, experience and hard work are needed everywhere.

But the most interesting thing is that you can also make money on the foreign exchange market using analysis of news and the economic situation in the world.

2. Programs for trading on Forex - main types of indicators

With the advent of computers, the exchange has improved significantly; the best thing that has appeared on it, besides terminals, is indicators - programs that are indispensable in the trading process. Let's find out what they are.

Trend indicators. Moving Average

Programs in this category include indicators that suggest entry points into trades in the presence of an upward or downward trend. trend On the market. We will talk about how to determine the presence of a trend in the article “”.

If the price is steadily rising or falling steadily, trend indicators will work well; if the price moves in a “corridor” - either up or down - the signals will turn out to be false. The simplest example of a trend indicator is Moving Average(MA).

Moving Average(Moving Average) – a line-shaped indicator showing the average price value for a certain period.

MA comes in several types, the most important of which are: simple(all prices are added up and divided by the number of periods), exponential(the latter price is given more weight compared to the first). It is preferable to use exponential.

Let's go to the MT4 terminal and set up the MA indicator, this is done in several steps.

Step 1. Installing the indicator on the chart

All indicators are located in the “Navigator” window. To install, click on the program name with the left mouse button and drag it onto the chart of the currency instrument:

If everything is done correctly, the terminal will display a settings window where you need to specify the conditions for the analysis.

Step 2. Setting up parameters

As a rule, the indicator parameters are configured in accordance with the strategy used for trading. In our case, the program produced the following option:

“Period” is the days that are taken into account, we do not need a “shift”, we take the “MA method” as exponential as it is more accurate. The color and thickness of the line can be set at your discretion.

If you don’t change anything, you get this picture:

The moving average now shows us where the trend is heading, but does not yet provide signals. To get the simplest signals from the MA, we apply a second indicator of a shorter period to the chart.

We carry out a similar procedure, but write that the period is not 20, but 10, choose a different color, for example blue:

The result is that the “blue” moving average is closer to the price, and in some places it intersects with the “red” one.

Step 3.

How to understand the signals given by a trend indicator? In the case of MAs, everything is simple: when the moving averages cross, a signal is received that the trend is ending, the market is ready to reverse, we open a deal in a new direction:

Since the indicator readings are secondary in relation to the price, they are slightly delayed: the signal appears when the trend has already begun, and we will inevitably lose part of the profit because of this.

During deep corrections, the indicator can give false signals - in the screenshot above, we received a buy signal because the price went against the main trend, but it turned out that the market was only correcting.

We will talk about this and some other problematic issues below.

Step 4. Creating a “trading robot”

“Is it really that simple?!” - you will think. Yes, and most of the existing trading robots are based precisely on the principle of moving averages. However, as practice shows, blind trading using indicators is always unprofitable.

If the market situation changes such that the upward/downward trend turns sideways, or if a flat begins, the indicator will give conflicting signals, and following them will definitely lead to losses:

In the screenshot above, the indicator gives several incorrect signals, which can lead to losing most of the deposit.

If you master the MQL language, you can make a trading robot based on MA, but in step No. 4 we do not want to motivate you to do this, but to show the destructiveness of automatic systems.

The indicator should only advise, where it is better to open transactions, rather than indicate unambiguously. Below we will look at another group of similar trading programs that can provide great support to the trader.

We also got acquainted with indicator analysis and news trading at various brokerage companies and at free online seminars. So don't miss out on profitable opportunities.

2) Sideways trend indicators - oscillators

A sideways trend is observed when the price moves up and down within a “corridor”, the height of which should be at least 300 points:

In the figure above, the amplitude of fluctuations is 1767 points - which means you can trade. Oscillators were created to determine where the price would change direction. In the instructions below we will configure Relative Strength Index.

Step 1. Improving the parameters

All indicators are installed on the chart according to the same scheme, only the parameters are different. In the oscillator, RSI only changes period– the larger it is, the less sensitive the indicator is (fewer both false and true signals).

The RSI window with a period of 14 showed only two large fluctuations well:

With period 7, the program becomes much more sensitive; if in the first case we isolated only two signals, now there are as many as seven:

We must not forget that such a situation will lead to an increase in the number of false signals.

Step 2. Find profitable entry points

Behind the dotted line at the top in the indicator window is zone overbought: when the price reaches it, you need to sell; below – oversold zone– when the price approaches it, we buy.

As in the previous case, oscillators do not always work well: if the sideways trend turns upward/downward, the readings will become false.

Step 3. We trade and earn

Oscillators can be traded very well for a few days before the exit important news: You yourself will notice that there will be no strong trends in the market; players will prefer to wait.

Below we will get acquainted with the news trading strategy, you will understand where to get the necessary information, and you will be able to use oscillators to their full potential.

3) Volume indicators, custom, Bill Williams

In the title we indicated other indicators existing in MT4; you can get acquainted with them through “Help”. Here we will only pay a little attention to the indicators volume.

On a note

Volumes on Forex, unlike the stock/commodity exchange, teak, not money - they show not the volume of money in the market, but the amount of opened transactions

The above point is very important - you can judge the “market plans” by the volume of money, but you cannot judge by the amount of transactions, because transactions of a hundred dollars and a billion equally increase the tick volume by 1 unit.

Hence the distrust of indicators of this type - think before using them in trading.

3. Trading on news - advantages and disadvantages of this method

Economic calendars contain planned news from the financial world for months in advance. They report on the state of the economy of different countries: GDP, construction, agricultural data, etc.

On the screen above is a fragment of the economic calendar.

Here we see several parameters:

1. State flag– shows which currency pair the news will affect.
2. News title explains its essence.
3. Volatility– the higher the indicator, the stronger the movement the news can cause in the market.
4. Actual value- reported in the news.
5. Forecast– expected value.
6. Previous meaning– old data.

The essence of news trading is to wait for news to come out and compare it with the forecast. The largest movements occur when fact and assumption are very different.

In the table below we will indicate when the price rises and when it falls (in most cases), use it as a guide when making trades.

Opening deals based on news:

№	Comparison of actual and expected values	Impact on the exchange rate (how to trade)	Changes in the national currency exchange rate
1	Actual is better than expected	Growth (buy)	Strengthening
2	Actual is the same as perceived	No response (we don’t trade)	No changes
3	Actual is worse than expected	Decrease (sell)	Weakening
4	The expected value was lower than the previous one, but the actual value turned out to be higher than the previous one	Strong growth (buy)	Strong strengthening
5	The expected value was higher than the previous one, but the actual value turned out to be lower than the previous one	Strong decline (sell)	Strong weakening

As a rule, you need to trade on news with maximum volatility, displayed by three red exclamation marks. Other news can also affect the market, but to a minor extent.

The algorithm is simple - we find important news in the calendar, at the moment of their release we make a decision to open a position based on the table, and open a deal.

The disadvantage of trading on news is that we do not know where the price will stop rising or falling. Often, after news is released, the market corrects and returns to its previous level, so you need to close quickly.

In the video below you can see an example of news trading:

Try trading on a demo account, and if the results are positive, move on to a real one. In our opinion, news (like indicators) should be used only as an auxiliary, and not as the main means of trading.

A recently opened section opened my eyes to the need to create free Forex training from scratch, for complete dummies and beginners. A lot of questions come up unexpectedly and many of them are very similar. Questions that are typical for beginner Forex traders and concern the very basics of trading. For example, how to open an account on Forex, a metatrader trading terminal and other similar questions. I realized that it was time to create video lessons for beginner traders, training from scratch, where you need to talk about the very initial stages, the basics of trading.

Forex from scratch

Indeed, it is not easy for a novice trader who wants to undergo training and start trading on Forex from scratch; he is immediately faced with a huge layer of tasks and needs to absorb a huge amount of information. I also have videos in which I talk about many of the most important things in trading, such as, and more.

But the problem is that the information is scattered, unstructured, and it is extremely difficult for those starting from scratch to understand all this. When a person already knows what exactly he needs, understanding what is what is not a problem, but when a person is just taking his first steps, he simply will not understand where to start.

Forex video training for dummies

Therefore, I came to the need to create a step-by-step video Forex training course from scratch, a series of simple and understandable video lessons for dummies. With the most concise, structured and informative presentation, designed specifically for novice traders.

I would like to immediately make a reservation that this course NOT for those who want to learn how to earn money quickly and easily, in 5 minutes and with a guarantee. If you need SUCH a course, then you can safely close the page, you won’t find it here. This free training course from scratch is for those who are looking for really useful lessons, real information and are really serious about it. It won’t be quick and easy, there’s no such thing as a freebie.

Forex training for free

It’s important to have the right mindset right away – you won’t be able to learn how to earn money without effort. Be prepared to spend time studying free tutorials, reading books, and watching videos and courses. Trading is a serious activity; it is a job that requires high professionalism and dedication. Otherwise, any fool could become a millionaire, but this does not happen. If you treat learning carelessly, and treat trading as a game of chance or some way to get rich quickly, you have already lost and either change the paradigm, or get ready to always lose money in the market and feed others. But if you are ready to take the matter seriously, then listen further.

In the evenings after work, spend time taking our free Forex training. Even for a beginner from scratch, if he studies closely, in about 2 months he can master the basics and learn to act more or less confidently in the market. No one should trade for you, forget about the managers of dealing centers who supposedly know what position needs to be opened now, since this is a scam and they just want to cheat you and drain your deposit, this applies primarily to those who, due to inexperience, choose sharashka instead , and there are many of them, unfortunately.

No one knows where the price will go, neither the manager nor George Soros, markets are largely chaotic and the price is driven by many factors, we simply cannot know and take them all into account. So, if you are ready to spend time and effort on Forex lessons for beginners, master the skills for a serious business and lay a solid foundation for further work - you are in the right place.

Forex training from scratch

In this step-by-step video training on Forex for dummies and novice traders, this is exactly what we will talk about:

• basic
• we will install, configure and learn how to use the trading terminal
• we will analyze methods of analyzing the financial market, such as - this will allow us to trade consciously, and not on a whim
• Let's get acquainted with the main indicators, their types - trend indicators, oscillators and others
• Let's look at risk management - the cornerstones in
• We will select good literature that will help you develop the right view of trading and will reasonably remove from the minds of some beginners the stupid idea that making money on Forex is easy. Approximately 95% of traders lose money – and do you still think that making money on Forex is easy?

This concerns theoretical training. There will also be a practical one:

• install and configure the trading terminal
• Let's look at what tools and indicators it contains
• Let's learn how to install custom indicators and trading advisors
• Let's look at the methods of financial markets
• Let's discuss creating your own trading strategy
• and other!

Imagine that your success in trading is an expensive, beautiful house that you build brick by brick. And proper training for beginners in Forex is the foundation of this house. If you try to build a building on a poor foundation or no foundation at all, what happens? Either nothing will work out at all, or everything will collapse in the end.

Forex training: video lessons for dummies

Watch online video lessons on Forex and read the attached articles in order. If a topic is familiar to you, you can skip it, but I would still recommend not doing this and at least refreshing your memory of the information. Enjoy watching!

Hi all! Today I decided to talk about learning in Forex, or rather, is there any point in learning and how best to do it. On the Internet you can find a lot of different ways to learn in the Forex market. These include brokers and special schools; there are also various online lessons, using which you don’t even have to leave your home.

Is Forex trading training effective?

Many traders, after completing Forex training, claim that it turned out to be ineffective. You could still turn a blind eye to this if the courses were free, but if you still had to pay a tidy sum of money for training, but no skills were added, then this, of course, cannot but be frustrating.

The fact is that Forex training is a very profitable business, for which many beginners are willing to pay money in order to become successful traders. This is exactly what many unscrupulous Internet users take advantage of. On the other hand, why shouldn’t they use this if you yourself are willing to pay them for Forex training?

So, this means that we immediately cut off paid training in Forex. Now let's discuss free Forex training and whether it is effective. If you know nothing at all about Forex, then, of course, you should start learning from the basics. My section “” can help you with this. But this is only the beginning of the journey and no one will walk it for you. Almost all successful traders today also knew nothing about the Forex market when they started. So, it’s quite possible to go this route!

The effectiveness of any training, first of all, depends on your desire. If a person wants to learn how to earn money, then he will earn money! Learning to trade on Forex is also important, but the main thing is the person himself, or more precisely, his desire to learn how to make money. If you have a desire, then there will be a result, and if there is no desire, then you can immediately abandon the idea of ​​making money on the Forex market. Nothing good will come of this!

Forex video training for free

Free Forex video training, as a rule, only provides knowledge, and this is not enough for successful trading. Many successful traders claim that psychology is the main thing a beginner should learn in order to become successful. To be successful, you must develop character traits and mindsets that take years to develop. Will regular video tutorials help you with this? Of course not!

Forex video training for free will help you gain only basic knowledge; after it you will not become a brilliant speculator - this is 100%. Trading is a serious job that takes years to learn. Even experienced traders who make consistent money constantly learn something. The market does not stand still, it is constantly changing, and in order to always keep up with the times, traders need to constantly have up-to-date information.

In my opinion, the most effective is individual training from an experienced trader who has been on the market for more than 5 years and earns a stable income from it. It is also important that he can confirm his regular income on the Forex market and is not an ordinary scammer, of which, unfortunately, there are a great many on the Internet.

How I learned the basics of Forex

Like most novice traders who do not want to spend money on training, I decided to learn how to trade the Forex market on my own. Since I am used to approaching any problem seriously, I spent a huge amount of time studying various articles and videos about the features of trading in the foreign exchange market.

After spending several months familiarizing myself with materials found on the Internet, I managed to choose several strategies that were effective, in my opinion, after which I opened a real account with the Alpari broker and began trading.

Having assessed the trading results at the end of the first month and seeing that my initial deposit, despite the enormous amount of time and effort spent, had decreased in size, I realized that without serious training I would not be able to receive a stable income on the Forex market.

After some searching I came across official Forex website WebMasterMaksim.ru, what caught my attention was that its creator was offering free Forex training.

The offer to learn the basics of the foreign exchange market for free certainly made me happy, but at the same time it was alarming!!!

So I decided to find out who the creator of this site is.

Fortunately, the owner of the WebMasterMaksim.ru website, Maxim Mironov, turned out to be not one of the thousands of “teachers” who charge money for training, but at the same time they themselves have little knowledge of the peculiarities of trading in the foreign exchange market; he actually turned out to be a successful trader, as well as a manager of PAMM accounts .

When I made the decision to undergo training, Maxim Mironov was in first place in the TOP 10 strategies of the famous broker Amarkets. At the time of writing this article, three strategies of this trader are in the top, you can verify this by reading the photo below.

Features of the Forex training course by WebmasterMaxim

Since Maxim is a professional trader, the training course he offers is very different from most similar programs.

Free Forex training from WebMasterMaxim is a real monitoring of accounts, as well as an analysis of the robots used to make a profit.

During the training process, Maxim Mironov shares his personal experience and talks about the advisors he uses. During the learning process, he tests a variety of strategies and advisors and shares information about the results and features of their application.

WebMasterMaxim does not try to convince traders of the existence of any win-win strategies; he advises having a large portfolio of various strategies and using it for trading, since even the most effective strategy can bring losses from time to time.

For those learning the secrets of trading on the Forex market, Maxim created a closed forum where he posts all the necessary information. In order to gain access to a closed forum and begin the learning process, it is enough to simply register with thirteen brokers using the author’s referral link, his interest is clear, but here it is beneficial for him that all his students receive profits for life, since he has a direct interest in our profit, not plum! The registration process itself takes no more than 30 minutes, after which you can begin training directly.

In addition, he is always ready to answer any question related to the peculiarities of trading in the foreign exchange market.

If you want to receive a stable income from trading, then I advise you to take training from a truly successful trader, such as Maxim Mironov. And in conclusion I will give a link to his YouTube channel at

Consolidate the acquired knowledge in free webinars, become a successful trader under the guidance of our best experts. We have developed a convenient training program especially for you to make your Forex learning simple and enjoyable. All the necessary information has been collected by leading specialists of the FreshForex company in one section - Forex Training. You can start forex training for beginners from FreshForex and trade on the international foreign exchange market right now!

Where to start learning?

How to become a successful trader?

Start your journey from beginner to Forex professional. These principles will serve as a beacon for you in the turbulent world of currency trading and will help you find the right approach to trading.

The history of financial markets, including the Forex market, knows many ups and downs, incredible profits and crushing losses for traders. Use all the best that has been invented in Forex throughout its rich history. Especially for you, we have compiled a list of books about the foreign exchange market that, in our opinion, deserve the closest attention.

Glossary of terms

The Forex market will become much clearer and closer to you with ours. An excellent knowledge of terminology will allow you to better perceive information and easily find a common language with other traders.

Training course “Introduction to the Forex market”

Learn to work in the foreign exchange market under the guidance of experienced traders of the FreshForex company. The free course “Introducing the Forex Market” will allow you to master the basics of the market and learn how to work with the terminal. You can sign up for face-to-face training or attend a webinar course.

Training course "Trader"

Build your own trading system based on the knowledge and experience of successful FreshForex traders. The course consists of 4 blocks, each of which takes place over 2 days. By attending our course, you will learn how to independently analyze the market, professionally manage capital and trading risks, and build your trading strategy on proven trading principles. You can sign up for face-to-face training or attend a webinar course.

Forex video lessons

Get unique knowledge about the Forex market from our best experts. What methods of non-standard Forex trading exist? How to trade using the Gann or Gartley butterfly methods? How to create your own script or advisor using MQL4? Get answers to these and many other questions at our thematic master classes, which we conduct weekly in webinar format. You can sign up for the master class right now.

Very often, those who are just starting to make their first transactions on the international foreign exchange market are faced with unfamiliar definitions and terms, do not know where to start and how to go through the trader’s path from beginning to end. How to open and close a deal, what types of analysis to use, what technical tools can help you make the right decisions in the market, how to analyze your own trading?

Hello, dear readers of the financial magazine “site”! In this issue we will touch on the topic of Forex training for beginners and novice traders who want to learn for free how to trade on the Forex exchange from scratch.

Today, a huge number of people are interested in the Forex market. This is due, first of all, to the fact that it is heard from all sides that in this market anyone can quickly.

But it is unlikely that you will be able to make money without at least basic knowledge. The presented article is a brief guide to initial data.

The article will cover the following topics:

• What does Forex basics training consist of?
• General information about the market;
• Basic types of trading and basic principles of trading;
• Effective methods used to analyze quotes;
• Review of the most famous trading platforms;
• Where can I get Forex training for free?

This publication will be useful, first of all, to those who are taking their first steps in trading currency pairs. It will help you not to get lost in the sea of ​​existing information.

So here we go.

Learning to trade on the Forex exchange from scratch - the basics of trading + video lessons for beginners

Forex trading training is a combination of classes. They can be roughly divided into two volume groups:

1. Theoretical part of Forex training;
2. Practical part.

Thanks to such classes, a beginner gains basic knowledge about the international currency market, the rules of its functioning, as well as trading for profit.

1.1. Theoretical part of Forex training - 4 basic directions

The theoretical block of trading training necessarily includes four areas.

Direction 1. General information about the Forex exchange

In this block of lessons, basic concepts are studied, as well as the principles of the Forex market.

Upon completion of studying this block, knowledge should be formed on the following issues:

• who are the market participants;
• concept of a currency pair;
• rules for the formation of currency quotes;
• ways to track quotes;
• how deals are concluded;
• trading rules.

Direction 2. Fundamental market analysis

The basis of successful trading is the correct analysis of quotes and the correct forecast of future movements. If they are based on macroeconomic as well as political factors, we can talk about the application fundamental analysis.

In the learning process, not only the list of factors is considered, but also the sources of their occurrence. In addition, it is important to learn how to use them in the trading process.

Direction 3. Technical market analysis

Studying technical analysis The Forex market includes the following issues:

• the process of generating quote charts;
• concept of Japanese candles;
• how to analyze the quote chart to predict the movement of a currency pair;
• what tools are used for technical analysis.

Direction 4. The principle of operation of the exchange terminal

At this stage the following questions are studied:

• functionality and capabilities of the terminal used in Forex trading;
• how orders are opened and closed in the terminal;
• how to open and use a demo account.

1.2. Practical training in Forex trading

By the way, you can trade financial assets (currency, shares, cryptocurrency) directly on the stock exchange. The main thing is to choose a reliable broker. One of the best is this brokerage company .

The practical part of the training includes training trading on demo account in order to develop your own strategy that will regularly bring profit.

Many people think that training on a demo account is unnecessary. However, for those who do not want to quickly drain their real deposit, losing all investments, experts advise NOT neglect this stage of training.

A demo account completely copies the features and functionality of a real one. The only difference is that when using a demo account, trading is carried out virtual money .

Such a training account is opened for any amount. It can be used for any amount of time. Typically, for traders, this period is equal to the interval that is necessary to master the acquired skills or test the developed strategy.

However, experts do not recommend using a demo account for too long. This can lead the trader to treat Forex as a game. As a result, a psychological unpreparedness for trading with real money develops.

Thus, Forex training should include two main stages - theory And practice. The first one is most often assigned about a month. It all depends on the trader’s initial knowledge and his ability to perceive information.

When the theory study is completed, you can move on to practical exercises. They are most often assigned the order two to three months. But for those who have never encountered Forex, their duration can last up to a year.

Information about the Forex exchange for beginners

2. General information about the Forex market - basic concepts, terms and definitions 📝

Today you can find a huge amount of information about the Forex market on the Internet. In this case, we often come across data that is radically different from each other. It can be difficult for a beginner to understand this flow of information.

It is best to use it at the first stage short tutorials. Naturally, it will not give a complete picture of the features of the market and trading. But such an express course helps guide a beginner in the right direction.

2.1. What is a Forex exchange - a brief definition and history

Forex(from the English FOReign EXchange - "foreign exchange" ) is an international foreign exchange market. All types of foreign exchange transactions are carried out here - buying, selling and exchanging.

In the modern sense, this market appeared in 1971, when widespread controls over exchange rates ceased and they became floating. This led to the opportunity to treat currency as a commodity that can be circulated on the market - trade it, set a price and, accordingly, make money on the difference in value. Read about that in one of our articles, where we also gave a personal example of making money on the foreign exchange market.

Main advantages of Forex

The advantages of Forex include the following:

1. Trading in this foreign exchange market takes place around the clock.
2. Daily trading volumes are huge. They often reach several trillion dollars. Thanks to this, finding a seller or buyer here is not so difficult.
3. There is no single center of the Forex market, yet it is widespread everywhere. This allows us to guarantee free market relations.

Key participants in the Forex market

All participants (players) of the Forex currency market can be divided into two large groups: active And passive participants.

Active members may participate in the formation of market quotes. These include:

• Central banks;
• Commercial banks;
• Brokerage companies.

Passive Forex market participants carry out trading using the value of currencies that was established by active participants. This category includes:

• corporations of international importance;
• companies carrying out foreign trade operations in the course of their activities;
• investment funds;
• private investors.

2.2. Basic terms and concepts of the Forex market

It is impossible to learn to trade Forex if NOT know basic terms and concepts.

Broker is an organization that undertakes to assist traders in the trading process. For this he receives a reward.

Margin represents part of the amount of the transaction, which the trader is obliged to deposit into his account opened with the broker. The term closely related to the concept of margin leverage.

Leverage - a certain mechanism that is used by a broker and allows a trader to make transactions in amounts several times greater than those located in his account. For example, if the broker provides leverage of 1 to 10, the margin is 10%. To make a trade worth $1,000, you need to have $100 in your account.

Security deposit refers to the funds placed by a trader in an account that he opened with a brokerage company. The security deposit acts as a certain collateral that allows you to use leverage. If the loss from open transactions reaches the amount of the security deposit, all transactions will be completed.

Arbitration in the Forex market is the performance of certain actions, the ultimate goal of which is to make a profit in the event of changes in the value of currencies.

There are usually two types of arbitrage transactions:

1. purchase and sale (in other words, buy cheaper, sell more expensive);
2. first sell, then buy (sell for more and then buy for less).

Any transaction consists of two stages:

1. In the process of opening a position, the trader and broker commit to betting one currency against another. From this moment on, price changes affect the size of the deposit.
2. When a position is closed, the obligations undertaken are fulfilled. In this case, the obtained result is recorded (profit or loss). After this, the influence of changes in quotes on the size of the deposit ceases.

Main types of trading in the foreign exchange market

3. Types of Forex trading (depending on the duration of the transaction) 📊

In the process of trading on the stock exchange, traders use various. They can be roughly divided into two main types: short-term And long-term .

Type 1. Short-term trading strategies

Traders who use short-term strategies in trading carry out opening and subsequent closing of positions during 1 day . At the same time, Forex allows you to use a large number of time periods in trading, so short-term strategies are divided into the following types:

1. Scalping, also called pipsovka . The execution of a transaction (from the moment of opening to closing a position) occurs on timeframes from 1 minutes until 30 minutes.
2. Intraday trading. When trading intraday, the optimal time periods are in the range from 15 minutes until 4 hours.

Pay special attention! When using short-term strategies, it is important to clearly define the moments of entry into and exit from the market.

The advantage of such trading strategies is the large number of opened trades. With proper analysis, the percentage of profitable positions is always higher than the percentage of unprofitable ones. In other words, the trader’s overall result will definitely be positive.

Type 2. Long-term trading strategies

If a trader uses long-term strategies during trading, his positions remain open for several days, weeks, and sometimes months .

Sometimes professionals don't close deals for several years . The total amount is simply enormous.

For long-term strategies to be successful, it is important to have a correct understanding of where the price is aimed. All positions are opened precisely in the direction of this goal.

There are two advantages of long-term strategies:

1. less exposure of the trader to stress;
2. there is no need to pay the spread to the broker too often, which ultimately leads to a larger total income.

To trade using long-term strategies, it is important to be able to save self-control . Often you have to keep positions open even in cases where the price has moved in the wrong direction, which means the loss is constantly growing.

It is impossible to say with one hundred percent certainty which type of strategy is better. Only the trader himself can choose the optimal one for himself.

It is important to understand that beginners usually suffer losses with any trading method. At the same time, professionals make a profit. This is explained simply: You can earn money only by putting in enough effort and accumulating certain experience and knowledge.

4. Forex market analysis methods - 5 most popular methods 📈📉

Forex is a complex financial institution that is subject to continuous change. At the same time, it is very often extremely difficult to predict his further behavior.

There are often situations when even experienced market participants cannot explain why the market behaved this way and not otherwise. Nevertheless, many people want to predict the direction of price movements in the future as accurately as possible.

This is why renowned analysts around the world devote enormous amounts of time to development and implementation of various methods for analysis . All of them are based on a certain list of factors and statements

Experts believe that success in analysis can only be achieved by using several different methods simultaneously. Typically, experienced traders know several methods of analyzing the market and predicting its further movement.

If there is a signal to open a position obtained using one type of analysis, market participants look for its confirmation in another method. The decision is made only on the basis comprehensive approach.

Thus, the simultaneous use of several techniques seems to be a more holistic way of analysis, giving more reliable results. It is important for a trader to know the basics of all the most commonly used market analysis techniques.

Method 1. Technical market analysis

In the process of technical analysis, various graphical models are used to predict the further movement of quotes. Many professionals are inclined to believe that everything fundamental factors are reflected in graphic models.

If technical analysis tools are used in the trading process It is important to consider several important features:

• A graphical representation of the market contains all the data necessary for analysis. That is, we can say that the quote chart contains information about the state of the market at a given time.
• The market has a memory, which means that events from past periods can be used to build a model of market movement in the future.

Various indicators used as part of technical analysis are extremely popular among traders today. The purpose of their use is to develop a forecast of further price movements.

Method 2. Fundamental market analysis

The main task of fundamental methods of Forex market analysis is to analyze economic , and political situation , which has developed to date. In this case, the countries whose currencies are involved in transactions on the Forex market are taken into account. It is important to note that a fundamental approach to the process of analyzing the market situation allows us to make a forecast of the impact that certain events will have on the market.

There is a schedule in which all important macroeconomic indicators are published. It's called economic calendar.

When using macroeconomic indicators, it is important to correctly compare real data with analysts' forecast values. In this case, you can determine the direction of movement of the price of a currency pair. For example, an increase in the number of unemployed citizens in America may lead to the beginning of a fall in the dollar against other currencies.

Method 3. Candlestick market analysis

There are several ways to display the price of a currency on a chart. Most traders consider the construction to be the most convenient and informative among them. Japanese candles . This is why professionals spend a lot of time studying and recognizing patterns made up of candles on the chart. Moreover, if candles are considered as an integral part technical analysis, the chances of a correct forecast increase significantly.

It is important to understand the design features of this element of analysis:

1. Each candle determines the change in the value of a currency pair over a given time interval.
2. There are two components of candles: – body And shadows (or tails) .
3. Its color also plays a big role. White or green a candle shows that at a given time interval there was price increase. If the candle is colored black or red color, we can conclude fall .
4. The upper and lower boundaries display the opening prices ( Open) and closing ( Close). It is logical that with a rising candle, the Open price is below the Close price. And vice versa: if the candle shows a fall, the open is higher than the close.
5. The meaning of shadows is also important. They show maximum (High) and minimum (Low) cost for a given time interval.

Initially, candlestick analysis in Forex was used on the daily chart. The candlestick analysis method allows you to compare changes in quotes over a certain period of time.

In this case, there are several types of resulting figures, which are most often divided into on reversal figures And trend continuation . But don't forget that a reversal figure does not always signal an early change in the trend to the opposite one. On the contrary, it may indicate the formation of a flat.

Candles were developed and first used Japanese . That is why frequently occurring figures have original names - Harami, The Hanged Man, Three Mountains and Three Rivers, Evening Star.

Method 4. Fractal market analysis

Adherents of nonlinear analysis, as well as fans of Bill Williams, appreciate fractal analysis. The formation of a fractal occurs when, in a combination of five or more graphic units (candles or bars), the average has the highest minimum or maximum value.

When trading in the terminal, fractals are determined automatically . So, in MetaTrader 4 they are designated arrows, aimed down ↓ or up. This tool is used for breakout trading. In this case, even minor signals are used - when the price goes beyond its limits by at least 1 paragraph.

Method 5. Wave market analysis

The ancestor of the wave method of analysis is considered to be trader Elliott , who first described it. The method is based on the following statement: The psychology of behavior of market participants is subject to cyclical patterns that are constantly repeated after a certain period of time. Graphically it looks like waves.

The main statement of this analysis is that any market in its movement passes two broad phases– periods of bull activity and time intervals when bears are more active than bulls.

In accordance with the wave principle, the movement of quotes in any market is combination five waves, which have one direction (trend), And three waves with the opposite direction - rollback or correction.

There are two types of waves: pulse And corrective . First participate in creating a trend (bearish or bullish), second- move in the opposite direction of the current trend.

Thus, it is important not only to study and understand the principles of operation of various types of analysis, it is important to be able to apply it in practice. At the same time, using several methods in combination allows you to make a more accurate forecast, which means much more.

Forex Trading Basics for the Beginner Trader

5. Principles of trading on the Forex currency market - the basics of trading for beginners 📑

In order to successfully trade Forex, and therefore consistently make a profit, it is important to have an understanding of the basic principles of trading.

5.1. Buying and selling on Forex

Just like in other Forex markets, the main principle of speculation can be reflected in one phrase: buy cheaper, sell more expensive.

When trading currencies it is two type of transactions. In financial terminology they are called positions. It could be buy position or sell position .

The Forex currency market differs from the commodity market only in that in order to complete a sales transaction not necessary have in stock the required amount of a certain currency. Therefore, during the trading process, you can immediately enter into a sell transaction.

Regardless of where trading begins - with a purchase or a sale, the main rule of making a profit remains the same. You should always try to buy a currency as cheaply as possible and sell it as expensively as possible. The order of actions does not matter.

Position names in Forex are usually indicated in English words:

• buy position traditionally called Buy. It should be opened when the value of a currency pair is expected to increase;
• sell position called Sell. It is opened when they expect the exchange rate to fall.

As noted above, there is no need to have it in stock to sell currency. However, there must be an amount in the account that is enough to open a position of the required size.

To be precise, it is not currencies that are traded on Forex, but currency pairs . They include two currencies at once.

Examples of Buy and Sell transactions

When determining quotes, the value of one currency is expressed in a certain number of units of another. Therefore, an increase in the exchange rate of a currency pair shows that the cost base currencies s (comes first in the pair) rises relative to the price of another, so-called quoted currency(in second place in the currency pair).

There are two prices in the Forex market:

1. Bid– the price at which the broker is willing to buy currencies;
2. Ask– the price at which the broker is willing to sell the currency.

The difference between the two prices is called spread.

Thus, The basic principles of Forex trading that allow you to make a profit are:

• buying the base currency at a price that is located as low as possible ↓ on the chart (cheaper), with its subsequent sale at a price located on the graphic above (more expensive);
• or vice versa - first sell at the price at the top of the chart, then buy at the bottom ↓.

A set of two consecutive transactions (buy + sell or sell + buy) is called transactions . It is she who brings the Forex market profit or lesion .

5.2. Transaction volume (size of trading position) and margin in the financial market

In Forex, the volume of contracts or transactions is standard. It is traditionally tied to the amount of the base currency. In this case, the unit of measurement of the standard contract value is taken lot.

Under lot in trading carried out on the Forex exchange, they understand a unit of transactions on the market, a batch of currency being sold, a certain amount of one type of currency being sold and bought.

In this case, the standard size of one lot is 100 000 units of base currency. As noted above, basic – the currency that is located at the beginning of the pair.

Example:

When trading the EUR/USD pair, 1 lot is equal to 100,000 euros. If a trader sells 1 lot of the GBP/USD pair, the contract volume will be equal to 100,000 British pounds.

The amount required to sell one lot, even when using a fairly large leverage, is quite large. It would seem that not everyone can afford to trade on Forex.

However, there is no need to trade entire contracts. The market allows you to use the fractional part of the contract in trading. It turns out a deal on 0,4 lot has volume 40 000 units of base currency, A 0,2 contract - 20 000 units.

Contract scope ultimately determines size of financial result (profit or loss) that the trader will receive when closing the position. In addition, it is he who influences the cost of one point.

Item in the Forex market they call the minimum possible change in the value of a currency pair.

Most often, the quote has 4 decimal places. In this case the point is equal to 0,0001 . That is, if the value of the EUR/USD currency pair changed from 1.0775 to 1.0778, we can say that the change was 3 point.

It is important to look at an example of how profit and loss are formed when a market participant makes a transaction.

Example of calculating transaction results

Trading account balance is 1 000 USD. Trader opens a position BUY for the EUR/USD currency pair in the amount 0,1 lot. At the same time, the current price Ask amounts to 1,0812 .

In the form of a diagram, opening a position can be represented as follows:

It turns out that they bought 10,000 euros, for which they had to pay 10,812 dollars. However, the trader does not have such an amount in his account. Therefore, the broker suggested that he use leverage sizes 1 To 100 .

It turns out that in this case the cost of the contract is a hundred times less - $108.12. If you have 500 USD in your account, it is quite possible to make such a transaction.

The amount that was required to secure the presented transaction (108.12 USD) is called margin. The terms are also used to denote this concept pledge And margin collateral.

In other words, margin is a collateral that provides the opportunity to obtain a loan in goods (in our case, currency). This currency is used in the process for the purpose of making a profit. Trading that uses margin is called marginal.

The formula for calculating margin is as follows:

Margin = Contract Size / Leverage Amount

In the example presented, the deposit allows the trader to open a position with a larger contract value.

But don't forget to be careful: You should choose the size of the transaction with extreme caution. This is due to the fact that the size of the contract affects not only the profit received, but also the potential loss.

How will the situation develop further? Suppose that after some time there was an increase in the value of the currency on the market. As a result, the trader manages to close the deal at a price Bid, which is 1.1015.

Schematically, the operation looks like this:

In other words, the trader sold the previously purchased 10,000 euros for $11,015 at the increased rate.

The financial result of the transaction was:

— 10,812 USD + 11,015 USD = 203 USD

A positive result represents the trader's profit. The deposit is increased by this amount.

An example of opening (Buy) and closing (Sell) a transaction on the foreign exchange market

As a result, the amount on the account after the transaction is:

500 + 203 = 703 USD

In a similar way, the calculations for the opposite transaction that begins with the sales process can be done.

The positive or negative result of the transaction allows you to understand whether a profit was received or a loss as a result of the transaction.

The example describes two types of prices - Bid And Ask . By price Ask was committed purchase, and for the price Bid – sale .

As mentioned above, on the stock exchange, like on any market, there are two types of prices. At the Bid price, the broker agrees to buy currency from the trader, and at the Ask price, he agrees to sell the currency to a market participant.

The difference between Ask and Bid prices is spread. At the same time, naturally, the Ask price > Bid.

The difference between prices (spread) is extremely important for a broker, because it makes up his profit. Despite the fact that this difference is small, the profit of the brokerage firm in the end is quite significant, because there are quite a lot of traders in the market.

Spread in the Forex market it is most often fixed. It is different for different currency pairs and is never less than two points.

5.3. Trading orders (orders, instructions)

When opening and closing positions on the foreign exchange market, market orders .

By warrant called an order from a trader to a broker to issue a purchase or sale of a financial instrument at a certain price.

Many people view market orders from the point of view of executing them at the price prevailing in the market at the moment. In practice, the situation is somewhat different.

A trader is physically unable to monitor the state of the market continuously - around the clock, interrupting only on weekends and sometimes holidays. At the same time, for successful trading it is extremely important not to miss the moment and complete the operation at the required price. This opportunity appears thanks to the Forex market pending orders .

Pending order represents an order from a trader to a broker to buy or sell a currency pair, as well as to close existing positions when the quote reaches a certain level in the future.

Pending orders allow a trader to control the opening and closing of positions even when not connected to a trading terminal.

In other words, such orders perform an important function: they allow you to open or close a position at a price predetermined by the trader.

There are two groups of pending orders: for closing and opening positions.

Types of orders to close a transaction

There are two types of orders whose purpose is to close a position:

1. Order Stop Loss or translated into Russian – stop losses . This type of order is designed to limit the trader’s losses in the event that the quote moves towards a loss. In this case, the trader himself determines the level at which the position will be closed.
2. Order Take Profit or in Russian - take profit . This type of order is used to lock in profits. In other words, the trader determines when the value reaches what level the result of the position will be equal to the desired one and it will be possible to close the transaction.

In most cases, for each open position a two orders at once– Stop Loss and Take Profit. When one of the orders is triggered, the second one is canceled.

Example of setting market orders Stop Loss and Take Profit

Experienced traders believe that neglecting orders Stop Loss is not worth it. If you do not use loss fixation during trading, in the event of a sharp price movement in the direction opposite to the desired one, you can quickly lose your entire deposit.

Types of orders to open a transaction

To open a position, you can use one of four types of orders:

• Buy Stop;
• Buy Limit;
• Sell ​​Stop;
• Sell ​​Limit.

It is important to look at each of these orders in more detail.

Buy Stop represents an order to a brokerage company to open a position involving the purchase of currency if it price will increase up to a certain level.

In this case, the price of the order to open a position is always higher than the current price on the market at the time the order is placed.

Example of setting a market order (application) Buy Stop

Order Buy Limit– a trader’s order to his broker to open a buy position at decrease prices up to the specified level.

Example of setting a market order Buy Limit

It turns out that in this case the price used when placing an order should be lower than the one currently in effect on the market.

Sell Stop is an order sent by a trader to a broker to open a position for sale at decrease the value of a currency pair up to a value determined by a market participant.

Example of setting a market order Sell Stop

In this case, the order price is at a level below the market level.

Sell Limit represents an instruction to the broker to open a position for sale at growth prices up to a value determined by the trader.

Example of setting a market order Sell Limit

In this case, the price used in the order must be at a level higher than the current price.

In simpler terms, it can be noted that pending stop orders the trader sets when he expects the chosen direction of movement to be confirmed. In this case, the transaction will be completed at a cost less favorable than the current one.

In the same time pending limit orders used by traders who believe that a movement opposite to the current one will occur in the future. This situation usually occurs during a trend reversal or pullback. In this case, the position will be opened at a price more profitable than the current one.

Using the orders described above in the trading process is standard way to optimize the trading process . Such orders allow you to catch the necessary moments even in the absence of continuous monitoring of market behavior.

However, the options for using pending orders are not limited to the above orders. So, For example, the popular MetaTrader 4 platform allows you to install interconnected orders .

In this case, the action of one order directly depends on whether the other is activated or deactivated. Thanks to this, it becomes possible to build a strategy of almost any complexity.

Thus, there are not many basic principles of trading. Everyone can remember them. However, it is important that their understanding is also present.

Trading platforms for trading - an overview of the most famous

6. Programs for trading on Forex - criteria for choosing a trading terminal + review of the TOP 5 popular Forex platforms 💻

For successful trading on the Forex market, it is important not only to know well and be able to apply basic information. You should also choose this trading platform , which will meet the requirements of the trader.

During the selection process, you should not blindly trust advertising reviews. It would be much better to create a specific list of characteristics and capabilities that are present in various platforms.

After this, the trader must understand which factors are most significant for him. Already taking into account all the mentioned features, an individual rating of platforms is compiled and the most optimal one is selected.

platform for trading on Forex is most often called trading terminal . Some brokerage firms also call them trade clients . But the essence remains the same.

Trading terminal is a software designed for interactive entry into the international foreign exchange market. Using such a program, you can enter into various transactions on the stock exchange.

In principle, almost every trading platform is convenient for trading. The choice in favor of one of them should be made based on your own preferences, as well as based on the offers of the forex broker. In one of our materials you can see what it looks like.

There are a number of criteria that help identify the best terminals:

Criterion 1. Speed ​​and productivity. If a platform's score is low, trading with it may be inconvenient. There is a delay in displaying quotes on the chart, and transactions may not be completed on time. This is especially frustrating when day trading, where every pip matters.

Criterion 2. Functionality can be characterized as the number of tools available in the terminal intended for analysis: technical indicators, timeframes, charts etc.

The ability to open windows with quotes for several currency pairs is also of great importance.

Experienced traders also pay attention , does the program provide the ability to write your own indicator and trade automatically, are there special add-ons that allow you to do this (so called advisors And robots) .

You should also evaluate what modes and types of orders are provided in the terminal, whether there is an economic calendar, services for conducting fundamental analysis.

Well, don’t forget that different trading terminals may have a different number of financial markets, trading platforms, as well as financial instruments available for transactions.

Criterion 3. User-friendly interface. This point implies that using the program will be intuitive; you can set individual settings, including color scheme. All this determines the trader’s comfort.

Naturally, users' first impression is also influenced by external design of the program.

Criterion 4. Safety. The terminal must ensure the confidentiality and security of all data stored in it, as well as transactions carried out.

It is important to remember that this factor is determined not only by the program used, but also by the broker with whom the account is opened.

Criterion 5. Mobility– the ability to install a trading terminal on mobile devices. In other words, the platform must be compatible with various operating systems and work on smartphones and tablets without failures or glitches.

It should be understood that functionality is an important factor. However, there are platforms that, with less functionality, are more adapted to certain trading conditions.

Thus, there are a large number of trading platforms in the market. Typically, different levels of professionalism require different programs.

The fact is that too much advanced functionality can confuse a beginner, and a small number of tools may not be enough for a professional. Therefore, over time, many traders move from one terminal to another.

At the same time, there is no universal advice on which one will be better. It is best to try all the popular platforms and choose the one that best suits the requirements of the market participant.

You can download and select a program for working on Forex for free at official website of Forex Club.

👆 However, it is useful to learn some features of frequently used programs.

Platform 1. Ninja Trader (NT)

The Ninja Trader platform was recognized as a reference platform. It is a full-featured program that was developed in the USA by a company of the same name, whose office is located in Denver.

Using NT, you can enter into transactions not only with currencies on Forex, but also participate in trading other instruments: shares, options, forwards, and futures.

This platform is used by a huge number of brokerage companies around the world.

NT allows you to trade both manually and automatically.

The terminal includes a huge number of tools for conducting market analysis, modeling and forecasting future price movements, as well as developing your own trading strategies.

Among the main advantages of Ninja Trader are the following:

• high level of productivity;
• one of the widest opportunities for analysis;
• reliability;
• ease of use;
• flexibility.

Two variants of Ninja Trader have been developed:

1. NT Lite –lightweight platform type, which does not have the possibility of automatic trading, is distributed free of charge;
2. NT Pro –professional version of the platform. Costs approximately 50 dollars monthly. Has advanced functionality. Some brokerage firms offer clients free use of this platform option.

Platform 2. ZuluTrade

ZuluTrade is a system that operates online. In the trading process they are used free Forex signals , which are provided by traders from all over the world.

The trading method when using this platform can be described in a few words – copying the actions of other traders online.

The ZuluTrade program is a kind of community that unites two categories of market participants:

1. almost 1,200 traders who trade on real accounts opened with various traders, they act as signal providers;
2. several tens of thousands of users who chose a specific signal provider and allowed the system to copy their transactions to their own account, thus carrying out automatic trading.

Without a doubt, you can choose a provider only after a thorough analysis of its trading and evaluation of its effectiveness. The service can help with this ZuluTrade Alchemy , the main function of which is to conduct an automatic comprehensive analysis of traders’ trading.

If you decide to trade using ZuluTrade, it is important thoughtfully diversify risks. For this purpose, the deposit should be conditionally divided between several signal providers.

By the way, ZuluTrade offers the opportunity for any trader to register as a signal provider. To do this, it is enough to choose a reliable broker.

Platform 3. Mirror Trader

This platform is based on the principle mirror trading on Forex. Previously, the opportunity to use it was provided only to large investors.

The principle of operation on this platform is quite simple. Servers owned by the program developer (Tradency companies) , monitor the signals that come from the authors of various trading strategies in the foreign exchange market.

Using Mirror Trader, investors select, analyze and evaluate signals from professional traders. They then decide to execute or reject these signals on their trading accounts.

Mirror Trader allows you to configure how mirroring works in manual, automatic, and semi-automatic mode. The principles of trading here are similar to the ZuluTrade platform, as well as.

Platform 4. Meta Trader 4 (MT4)

The platform developers are MetaQuotes Software Corp. MT4 was released in 2005, it replaced the older version - MT3.

Compared to its predecessor, MT4 has several innovations:

• new architecture;
• an add-on aimed at developing individual trading strategies used automatically.

This is one of the most popular platforms among traders. This fact is explained by its high productivity. Even on a not very powerful computer, it allows you to serve more than ten thousand traders simultaneously.

Distinctive features of MetaTrader 4 are:

• Possibility of installation on mobile devices;
• excellent security system;
• availability of automatic trading;
• wide functionality for market analysis;
• flexible settings;
• programming capability.

Platform 5. Meta Trader 5 (MT5)

Just five years after the release of MT4, more than a new version . In 2010, Meta Trader5 was presented, which has a new design and incredible functionality.

The developers stated that the main advantage of the MT 5 platform is that it is based on the principle all in one. By opening just one account, a trader gets not only the opportunity to conduct analysis and trade automatically, but also access to several financial markets:

• Forex;
• futures exchanges;
• forward market;
• options.

MT5 includes:

• 79 analysis tools;
• 21 time slots;
• a database of technical analysis indicators, which is provided free of charge;
• economic calendar;
• the ability to perform fundamental analysis;
• alert system;
• 4 options for execution of transactions;
• four zoom modes;
• glass of prices;
• 6 types of pending orders;
• 17 display options.

The programming language used in MT5 is almost faster than the previous version 10 times. This allows you to produce forecasts with increased accuracy, as well as make automated trading more effective.

Thus, MT5 Today it is one of the fastest, most productive and economical platforms in the world.

Let's compare trading platforms MetaTrader 4 and MetaTrader 5

Comparison table between MT4 and MT5 platforms

It is important to understand that no one can give universal advice on choosing a trading terminal. It all depends on the needs and level of professionalism of the trader.

7. Where to get free Forex training - TOP 3 options 🔎📖

There is no doubt that it is important to have at least a minimum set of knowledge to trade on the Forex market. Most brokers offer beginners free education to prepare for the start of trading.

It is important for the brokerage company that the trader stays afloat for as long as possible without losing his deposit. After all, the level of profit he receives largely depends on this.

The quality of training offered varies from broker to broker. Therefore, it is important before starting classes to study all the available information about them and study the reviews of those who have already completed the training course.

Main types of free Forex training

Beginners can get acquainted with the Forex market by choosing one of the types of training offered in the market.

Most often, classes take the following form:

• stationary courses in the company’s office;
• remote training in the form of webinars, conferences, etc.;
• tutorials and video lessons of Forex trading;
• independent study of literature.

Stationary courses represent classic training option. In this case, communication with the teacher occurs directly through live contact.

Remote learning carried out in the form webinars or online lessons. In this case, a camera and a communication program are used, For example, Skype . Professionals determine the topic of the lesson, set a time for it and recruit a group of people willing to participate. Connection to the lesson occurs through a conference call.

The main advantage of this method of training is the opportunity to communicate with an experienced trader without having to fly to another city or even country.

Tutorials and video tutorials usually they are recordings of already held webinars or regular videos on a specific trading topic. This method of learning allows you to gain a set of specific knowledge.

However, it has a significant drawback: You need to be perseverant and plan your time independently. In addition, when viewing a recording, there is no feedback - the opportunity to ask a question to the lecturer.

Option 1. Stationary training in stock exchange trading from the company “ForexClub”

Broker ForexClub offers to gain basic knowledge about the Forex market by visiting free online seminars . The company has tried to create the most comfortable conditions that allow a novice trader to form a basis for understanding the trading process and develop their own trading model in order to make a profit.

There are a number of features of training at ForexClub:

• free schedule for attending classes (it is important to listen to the entire course);
• provision of a personal consultant;
• individual explanations;
• the possibility of a personal conversation with the teacher.

To sign up for courses, you should go to the company’s website in the section "Education". Next, select courses and fill out contact information.

Soon after submitting your application, the company manager will call you back and explain when and where to come. In this case, seminars are conducted both in daytime, and in evening time. Therefore, anyone interested can choose the option that suits them.

The training course at ForexClub is calculated on 2 weeks. It includes two large blocks: 1) introductory and 2) practical.

Introductory stage of training includes several lectures of 90 minutes each. From them you can find out:

• what is the Forex market;
• what is included in the trading process;
• Basic knowledge of market analysis - what to do to make more profit.

The purpose of the first stage of training is the preliminary preparation of future traders. When passing it, the participant can decide whether he will continue training or refuse it.

Second part of training also consists of three lessons. To start the practical course, you need to study the theory and pass an exam based on its results.

During the second part of the course, a personal consultant talks about how to use the terminal. Participants are provided with demo accounts . During this period, theoretical knowledge is consolidated and developed.

Option 2. Online seminars from the Masterforex-V trading academy

An interesting option to gain basic knowledge about the Forex market is the online project offered by the MasterForex-V trading academy.

Information about the courses indicates that they are based on a unique methodology for teaching the Forex market.

Courses are available for traders in the CIS countries and Europe.

The success of this teaching method is confirmed by the presence of independent objective ratings and reviews. Among the company's students, many became successful traders and receive a consistently high income from trading.

Our website also has information material that explains in detail how to earn monthly income.

To start training, just sign up for the webinar by visiting the company’s official website. After this, the trader is sent 3 electronic publications. It is on their basis that webinars are built.

The following topics are covered during the classes:

• common mistakes of novice traders;
• use of indicators for market analysis;
• how to correctly determine the market entry point and the moment to close a position;
• secrets of professional traders.

An important advantage of the training course from MasterForex-V is its complete computerization, as well as a visual presentation of information.

The learning process includes several parts:

1. obtaining basic knowledge about the market;
2. practical classes allow you to consolidate your knowledge by using training trading accounts and practicing practical skills under the supervision of teachers;
3. After successfully completing the basic course, you can take the advanced course for a fee.

Option 3. Forex training using an interactive tutorial from the FreshForex company

Beginners who are confident in themselves and their abilities can choose interactive tutorials and video tutorials as a method of learning.

Today, the best among similar proposals is considered tutorial from FreshForex.

The materials in this manual include a huge number of author’s techniques. The classes are built using a unique methodology, the lessons have a clear, understandable structure. The material being studied gradually becomes more complex, theory smoothly transitions into practice .

To save time while still providing you with the basics you need to start trading, this tutorial covers only the most important information. To make the material easier to understand, the theory is presented in combination with practical examples.

All strategies presented in the training material have been tested experienced traders . Therefore, you can rest assured that all the information presented here is reliable.

To check the degree of mastery of the material, you should take a test at the end of each topic. After successfully completing the material, a certificate will be issued to the student. certificate, which confirms that a basic Forex trading course has been studied.

If you wish, you can subsequently continue to develop the market by attending paid classes.

Thus, free learning of Forex basics– ideal option for a novice trader. Do not forget that trading in the foreign exchange market involves significant risk. By increasing the level of knowledge, you can significantly reduce it. At the same time, not much time is needed for training.

The table below will help a trader choose the most suitable training option:

8. Frequently asked questions (FAQ) 🔔

The Forex market is associated with great interest. Therefore, it raises a considerable number of questions. This is especially true for such a complex and ambiguous area as market research.

There are a number of questions that are asked almost everywhere by newbies and novice traders. Let's try to answer the most popular of them.

Question 1. Do I need to take training in Forex trading or can I start working right away?

A lot of beginners, wanting to make a profit as quickly as possible, do not think about where to start. Best case scenario they open demo accounts, quickly lose virtual deposits and become disillusioned with Forex, considering it a scam. At worst– beginners immediately open deposits with real money, which they also quickly lose.

However, it is not difficult to avoid the most common mistakes– it is enough to take classes to learn the basics of trading on the foreign exchange exchange. Moreover, training can be useful not only for beginners, but also for experienced traders.

All training programs available on the market can be divided into two large groups: paid Andfree . Both of them can be carried out both on a full-time and correspondence basis.

In any case, the training programs include basic theoretical and practical knowledge, without which performing transactions in the foreign exchange market resembles a regular game in a casino.

It's important to understand that completing even the most expensive courses cannot guarantee that a trader will immediately begin to receive a high, stable income. For success in the trading process, it is important to have not only knowledge, but also experience, as well as certain personal qualities.

Some people believe that training is not necessary at all, arguing that all the information is in books. However, without the help of a mentor, it is difficult to form the necessary view of the market.

In addition, there is a lot of literature, and it is quite voluminous. Material that has been processed and presented in simpler language is much easier to perceive.

Therefore, for a beginner, the very first step to trading in the foreign exchange market should be training. Only after this can you open an account and start trading.

Question 2. What types of Forex indicators are there and what are they for?

Designed for the Forex market a huge number of indicators. Their diversity can confuse even experienced traders.

Commonly used Forex indicators

However, indicators can greatly simplify trading if you understand what they have in common and what principles their work is based on.

Indicator is a specific tool designed for market analysis. It allows you to assess the trend, the mood of the foreign exchange market, as well as determine the levels of opening and closing positions.

There are three main types of indicators:

1. Trend indicators the most popular among traders, they are plotted on the chart. Using indicators of this type, you can determine where the trend is directed, confirm it or refute it. Trend indicators are easy to understand and provide direct signals to act. Various options are most often used moving averages, alligator, Bollinger bands, etc.
2. Oscillators(they are stochastic indicators ) allow you to determine how strong the trend is. These indicators change from 0 to 100. In this case, the value below 20 allows us to judge strong decline in the market , if the indicator value exceeds 80 , we can say that on the market uptrend of great strength . Oscillators determine market reversals in advance, so they allow you to quickly understand when the trend will change. Most often used RSI And MACD.
3. Psychological indicators allow you to determine the mood of trading participants in the Forex currency market. It is best to use indicators of this type for analysis in combination with other indicators. Such indicators are not displayed on the chart; they are plotted in separate windows. The most popular psychological indicators are bull to bear ratio, mood indicator, Chaikin volatility indicator.

Thus, indicators greatly simplify trading. But you shouldn’t blindly believe one of them. Success in trading can be achieved if you skillfully combine several indicators.

Question 3. Can you trust automated trading programs?

More and more often on the Internet you can find advertisements for the sale of robots for trading on the Forex market. Most traders sooner or later ask themselves: maybe it’s worth giving trading to robots if it really brings in income. To answer this, it is important to first understand what robots are.

Robots– these are automatic trading programs that use indicators or a statement about the cyclicality of the market to open and close positions (their creators believe that the chart necessarily repeats its movement in the past).

At the same time, professionals know that indicators operate only within the framework of the logic that underlies their creation. At the same time, the market is not always logical. The cyclicality inevitably changes.

So don't blindly trust robots. Until now, experienced traders conduct thorough market analysis and trade independently.

Question 4: Should you trade the news?

You can often hear that only Forex beginners trade on the news. Allegedly, fundamental factors are used only by those who do not have enough experience in technical analysis. At the same time, professionals do not use news trading, since it is often spontaneous and unpredictable.

It is believed that if you have a sufficient amount of knowledge and experience, it is much easier to trade using technical analysis.

However, you should not completely abandon the use of news in the trading process. They can also be beneficial when used wisely.

It should be understood that it is not so much the news that is important, but how the market reacts to it. Often you can earn even more from waiting than when the news was released. That is why it is better to trade not when news is released, but when forecasts regarding the future development of events appear. It is important to use pending orders, as well as levels Stop Loss And Take Profit.

The danger of trading on news lies in the huge volume of information flow. It is impossible to track absolutely all events, but the market, nevertheless, can react to them.

It turns out that there is no clear answer to the question of whether it is worth using news in the trading process. Each market participant chooses a trading strategy that is acceptable to him in accordance with his beliefs and preferences.

9. Conclusion + video on the topic 🎥

To summarize, training is an important step in starting trading. It is in the course of studying the fundamentals of the Forex market that the foundation of knowledge is laid, without which impossible get by in the future.

Start with video lesson 1:

It should be understood that this article is only a short introduction to the world of trading . We tried to set the tone and direction, to suggest where to move next.

We wish you good luck in such an interesting and difficult business - trading on the currency exchange. We hope that this publication was useful to you and helped you understand the Forex market at least a little better.

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