Forex Trading Guide Step by Step
This tutorial is built for Forex traders who want to learn more.
Whether that be as a beginner in trading or experienced trader who wants to learn more about trading and improve trading results, it does not matter.
You will find here step by step trading guide
How to use this trading guide?
Start from the top if you are beginner and follow articles one by one and you will have all what is needed to start trading
If you are an experienced trader then pick one topic and dive deeper into that topic and find what you want to learn.
From a Beginner to a Trader
I will start with foundation knowledge you need to learn to start trading on the Forex market.
This step by step guide will show you what are the first steps you need to learn before moving further with learning.
At the end this is what you will know and what you will:
- have basic knowledge about Forex
- trading platform and trading account
- know what trading terms you need to know
- how to open an order and what orders exist
Follow articles below one by one because I have arranged them in a logical way so you as a beginner will have proper foundation before moving forward.
In this guide I will add new articles when I see I must cover something so feel free to check once a while if something is new added or subscribe to get notified.
Forex Trading for Beginners
This is the first part of what you need to learn to start trading.
Introduce yourself into Forex market and learn what you do on the Forex
Forex Currency Pairs
In the second part you will learn what currency pairs are, how they are formed and what you do with them.
It is important to understand what is Forex exchange of currencies
Forex Trading Platform
The third part introduces you to a trading platform and trading account.
You need platform and account for trading Forex so read this guide and start trading
Forex Trading Basics
Fourth part brings you details about Pip, Margin, Leverage, Lot size and other terms you will encounter in trading on the Forex
Forex Order Types
If you want to make money by trading you need to know how to open an order.
Learn which orders are open instantly and which in the future
For beginners who does not know how and where to start with trading
In the workshop I will tell you
what steps to do in order
to transform yourself into a trader
It is time to learn how to analyze the market so you can increase the profitability of the trades you open.
There are different analyses and here you will learn about them.
Each section below is a separate tutorial for you where you will learn how to make proper analysis in trading.
Consume one by one tutorial so you get most out of each tutorial.
Forex trading technical analysis consists of technical tools you use to analyze the market.
How to properly analyze the market you will learn in this part so check it out
Forex Trading Indicators
Forex trading indicators are part of the trading analysis so it is good to know what they are and how to use them
This guide will show you all you need to find the best Forex broker.
You will find a list of Forex brokers I am using and which you can use in your trading.
If you are a beginner then find these brokers as a first broker you will use because they offer you low entry investment and demo account for practicing.
Find the best broker by following checklist so you do not end up scammed or having unreliable broker
One of the crucial aspects of Forex trading is trading psychology.
How much you know yourself and can you control your emotions is a crucial part in trading.
Do not get seduced by nice talk and then lose all your money you have invested.
This guide will tell you the truth about Forex trading and what emotions to control.
Truth About Forex
In this section you will find the most asked question a trader will have when they start trading.
I think you will find a lot of truths in this topic so check it out