Forex On Smart Phone: Trade Anywhere, Anytime!
- Description
- Curriculum
- FAQ
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Learn how to trade forex from anywhere with only your smartphone!
From defining the concept of forex, knowing all the terminology, to teaching you how to trade, this course has it all.
It’s packed with everything you need to know to go from a complete beginner who has never traded before, to a fully fledged currency trader. Best of all, you will learn to execute your trades from anywhere, anytime, using only your cell phone.
Everything is demonstrated with practical examples, including setting up Metatrader 4, opening different types of orders, and using a forex calculator as part of your risk management strategy.
This short course was carefully designed to include the essentials of trading the forex market, without any of the unnecessary theory that comes with most books and courses. The entire course is also shown on a mobile interface, the same way you will see it when you start trading. By the time you finish all the lessons, you will be ready to trade.
Risk management is the most important skill in trading, so you will be taught the 8 steps to planning and opening a trade, which will help you minimize risk and maximize the potential for profit.
Happy Trading!
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1
Forex brokers and opening a demo accountWhat is a broker and how do you choose the right one? What is the importance of a demo and what do you need to open one? This lesson covers everything you need to know.
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2
How to install MetaTrader 4
Learn how to install MetaTrader 4 (MT4) on your Android mobile device
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3
How to setup MetaTrader 4
Learn how to setup MT4 to your preferred settings, including how you want your charts to look.
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6
The Quote Screen
In this lecture, you will learn how to navigate the quote screen. You will also learn the meaning and function of all the important things found here, such as the spread, bid prices, ask prices and pips,
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7
The Chart Screen
This lesson covers navigation of the chart screen, as well as all the features found on this screen such as OHLC. You will learn about timeframes, candlesticks as well as shortcuts to important tools.
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8
The Order Screen
The order screen is where all your trades are executed. This lecture teaches all the components of this screen and how they work. This is also where you will be introduced to the different types of orders, as well as lot sizes.
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9
Opening your first trade
This lecture will demonstrate how to open a trade. Important concepts such as trends, support and resistance levels will also be covered.
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10
Analyzing and learning from your first trade
This lesson analyzes the trade from the previous lecture to introduce and demonstrate important risk management strategies. The meaning of concepts such as margin, equity and swaps is covered, and you will be introduced to the forex calculator as a risk management tool, as well as the 8 steps to follow when opening a trade.
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11
Using a forex calendar as part of your risk management strategy
The perfect trade can be completely destroyed by an economic event or announcement. This lecture incorporates the use of economic calendars to avoid being potentially blindsided by such events.
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12
The 8 steps of planning a trade
This lecture demonstrates the 8 step risk management plan before opening a trade.
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13
Learning more about stop orders
This lesson delves more into stop orders and limit orders, which were introduced earlier in this course. Opening a buy stop order is demonstrated.
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14
Learning more about limit orders
This lecture talks more about limit orders by demonstrating how to open a buy limit order.
