Forex Education
Basics Forex Education:
* What is the forex market?* What effects the Forex market?
* The two principle characteristics of the forex market
* What advantages do we have in a market which is influenced by macroeconomic data and not microeconomics data?
* Market research and analysis
* Currency pairs, buying and selling rates
* Spread
* Pips
* Average daily fluctuation
* Value of pips
* How are pips calculated?
* Size of spreads
* Commissions
* Trading rules
* Transaction/position
* Leverage
* Should you leverage?
* Stop-loss order
* Trailing stop
* Take profit order
* Future order - limit
* Future order - stop
* One cancels the other (OCO) order
* A winning strategy
* Market analysis
* The integration rule
* Trap 1: size of leverage
* Trap 2: improper use of stop-loss and take-profit
* Trap 3: deterioration
* How to profit
* Proper capital management
* Simple mathematics
* What amount should you invest?
* Tools for success
* Trend signal strategy
* Tunnel strategy
* Fractal strategy