THINGS EVERY ASPIRING TRADER NEEDS TO KNOW - PowerPoint PPT Presentation

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THINGS EVERY ASPIRING TRADER NEEDS TO KNOW

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Want to learn to trade like a professional, or finally start trading Forex? Start your trading journey the right way with our Forex Trading Strategies! – PowerPoint PPT presentation

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Title: THINGS EVERY ASPIRING TRADER NEEDS TO KNOW


1
Start trading forex
  • FOREX TRADING STARTER PACK - THINGS EVERY
    ASPIRING TRADER NEEDS TO KNOW

2
what is forex? How does it work?
  • The FX market is considered as the most fluid
    market in the world. This financial market
    involves exchanging a world currency against
    another. To gain profit, a trader needs to
    speculate when to make a currency exchange.

3
FOREX TRADING FUNDAMENTALS
  • If you want to succeed in FX trading, you need to
    understand that there's more to it than just
    taking chances.You need to have a comprehensive
    game plan. More importantly, you must analyze
    your transactions plus the market trends. Make it
    a habit of keeping track of all the transactions
    you make. Take note of all your wins and losses
    and determine how you can improve your profit.

4
HOW LONG DOES IT TAKE TO BECOME A FOREX TRADING
GURU?
  • The best part about forex trading is that you can
    venture into this market even with zero
    experience. The length of time you need to spend
    in order to learn how to trade depends on several
    factors which include
  • Your goals
  • Your availability
  • Your learning capability
  • Your trading discipline

5
KEY TERMS YOU NEED TO LEARN
  • Pip - The small increments used to quote the
    currency price changes is known as pip.
  • Spread- Spread is the difference you would get
    between the offer prices and bid
  • Leverage- It tells you the likelihood of gearing
    your FX account into a higher position compared
    to your existing account margin.
  • Margins- The margin defines your minimum deposit
    or collateral.
  • Slippage- The difference between the expected and
    execution price.

6
FOREX TRADING ACCOUNTS YOU CAN CHOOSE FROM
  • Traders can choose from various forex accounts.
  • 1) Micro accounts
  • 2) Intermediate accounts
  • 3) VIP accounts

7
BEYOND KNOWING THE BASIC - LEARNING THE RIGHT WAY
  • Your next priority should be expanding your
    knowledge and exploring other educational
    platforms such as FX trading books, informational
    videos, forums, and seminars.
  • It will also benefit you greatly if you start
    following content-rich forex blogs. Check out
    famous names in the industry and check out their
    social media pages or websites.
  • You should also enroll in an online trading
    academy. Learn the necessary skills and
    techniques needed for you to maximise your
    winnings and reduce your chances of losing money.

8
START LEARNING FOREX TRADING STRATEGIES TODAY!
  • The forex trade market will continue to prosper
    in the next few years.
  • Want to learn how to build a solid career in
    Forex trading? We offer textbook training to help
    you learn the ropes. Enroll in our Forex market
    course today!

9
Thank you
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