Description
This course will help you move up from rookie trader to a beginner!
Expect more complex terminologies and concepts as Trading101 gets you on your way to becoming a successful trader.
Pips, spreads, lots, position size, leverage, margin, swaps, liquidity, slippage, and swaps will all be discussed extensively. You will also learn how to calculate for profit and loss. Real life examples will be used to facilitate better understanding.
By the end of this course, you should be able to understand more complex concepts and terminologies such as pips, spreads, leverage, margin, slippage, swaps, and many more. You should be able to compute for profit, loss, and swaps. You should be able to understand why ‘margin call’ is something traders don’t like to hear.
What you get
This course contains more complex terminologies and concepts to get you on your way to becoming a successful Forex trader!
Real life examples that you will be able to apply in your experience as a Forex trader
What exactly is a “pip”
The difference between a “bid,” an “ask,” and a “spread”
How to calculate for profit and loss
The difference between “cash accounts” and “margin accounts”
How “leverage” works
What exactly is a “margin”
Why “margin call” is not a good thing
“Liquidity” and how it affects “slippage”
What exactly are “swaps”
Course Curriculum
Welcome to the course! This module expounds on what a pip, spread, and lot are. You will learn how to calculate for profit and loss and be able to identify the different types of orders. You can expect a more practical approach to the concepts of Forex trading.
This module expounds on the difference between cash accounts and margin accounts, and the concepts of leverage and margin. You can expect a more practical approach to the concepts of leverage and margin.
This module expounds on what liquidity, slippage, and swaps mean. You can expect to learn the value of liquidity and how it can affect slippage of trades. A practical approach to the concept of swaps will be employed.
Ratings
136 Ratings
Detailed Ratings
| 5 Stars | 79% | |
| 4 Stars | 10% | |
| 3 Stars | 5% | |
| 2 Stars | 1% | |
| 1 Stars | 4% |
