| Updated: October 30, 2024Introduction to Forex Trading
You will learn about the following concepts
- Trading and Speculative Markets
- Types of Financial Markets
- Forex Trading Terms
- Types of Market Players and Classification
- What is leverage? What is a margin?
- What is supply and demand?
This is the very beginning of your Forex Trading Academy experience. Novice traders would be acquainted with basic terms in economy and will get information in comprehensible manner of how Forex markets work. Becoming an experienced trader is an ongoing process of constant self-education combined with lots of practice on the market. Keep in mind that everyone can trade but only those who gradually expand their knowledge excel among others.
In the following chapter you will learn about the basics of trading in the financial markets and more specifically in the Foreign Exchange market. Beginners will be introduced to the basic terms of Forex trading, who the major players are, and what to look for when choosing a suitable Forex broker. We will highlight the significance of practicing on a demo account and the pros and cons of trading leveraged instruments. Last but not least a trader should know when to enter a trade and when to abstain.
You are welcome to start with the first chapter which would guide you through the set of articles. Join us, lets walk together the path of becoming a successful trader!