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Forex foundations

Six short chapters, from what forex is to how margin works. Read them in order.

Start lesson 16 chapters · 46 lessons

  1. What is forex?Beginner
    1. 1What is forex trading?
    2. 2What is traded in the forex market?
    3. 3How does buying and selling a currency pair work?
    4. 4How big is the forex market, and what is liquidity?
    5. 5Ways to trade forex: spot, forwards, swaps, futures, options and CFDs.
  2. How do you trade forex?Beginner
    1. 1How does a forex trade make or lose money?
    2. 2When do you buy or sell a currency pair?
    3. 3What is a pip in forex?
    4. 4What is a lot in forex?
    5. 5What is the spread in forex?
    6. 6What are the bid and ask prices in forex?
    7. 7Forex terms you will hear every day.
    8. 8What types of orders can you place in forex?
    9. 9Forex order types cheat sheet.
    10. 10What is a forex demo account, and how should you use it?
    11. 11Can you get rich trading forex?
    12. 12Forex basics cheat sheet: pairs, pips, lots, leverage and margin.
  3. When can you trade forex?Beginner
    1. 1What are the forex trading sessions?
    2. 2The Tokyo session: hours and what moves.
    3. 3The London session: hours and what moves.
    4. 4The New York session: hours and what moves.
    5. 5What is the best time of day to trade forex?
    6. 6What are the best days of the week to trade forex?
  4. Who trades forex?Beginner
    1. 1How is the forex market structured?
    2. 2Who are the main players in the forex market?
    3. 3How did retail forex trading begin?
  5. Why trade forex?Beginner
    1. 1Why do people trade forex?
    2. 2Forex vs stocks: what is the difference?
    3. 3Forex vs futures: what is the difference?
  6. Margin trading basicsBeginner
    1. 1What is margin trading?
    2. 2What is account balance in forex?
    3. 3What is floating (unrealized) profit and loss?
    4. 4What are margin, margin level and stop out in forex?
    5. 5What is used margin?
    6. 6What is equity in a trading account?
    7. 7What is free margin?
    8. 8What is margin level?
    9. 9What is a margin call?
    10. 10What is a stop out level?
    11. 11Margin call example: margin call at 100% with no separate stop out.
    12. 12Margin call and stop out example: 100% and 50%.
    13. 13What happens if you trade forex with $100?
    14. 14Why margin call and stop out levels differ between brokers.
    15. 15What is leverage in forex?
    16. 16Margin cheat sheet.
    17. 17How can you avoid a margin call?
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