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Description of Learn to Trade Forex Course

This course is aimed at serious aspiring traders, from total beginners through to those with some existing trading experience. The sole aim is to make you a consistently profitable Forex trader, making real money as quickly as possible.

This is a unique trading course, for several reasons:
1. Author with 20 years as a finance professional:
This course was written by Stephan Bisse. In his 20 years in professional finance he has worked for Goldman Sachs, Deutsche Bank and Saxo Bank. He currently develops trading systems for hedge funds, with over $300 million under management. A fuller biography can be found in the Course Introduction PDF, which you can download for free.
2. A step-by-step guide:
We will give you step-by-step trading strategies that show you precisely how to trade profitably without taking undue risks. You will see every detail of two winning Forex trading strategies that you can use.
3. Practical trading experience:
With our US-patent-pending trading simulator, you can compress a year's trading experience into just one hour. You can fine-tune your skills as fast as possible before you risk a penny in the real markets.
4. Rigorous professional approach to risk management:
This is not a dumbed-down introduction: we fully explain how successful traders in the City and on Wall Street really handle risk. The entire course takes a similarly rigorous approach.
5. Puts the pieces together:
We don't just cover a range of techniques and leave you to figure out how they fit together. Instead, we will show you exactly how the techniques we cover work in harmony to form a complete trading plan.

This course has three main steps:
1. Read the workbooks
These cover everything you need to know to go from a total beginner to a consistently profitable Forex trader.
2. Practice in the trading simulator
Quickly hone your practical skills by following the exercises and strategies in the workbooks.
3. Trade a demo account
We have arranged a 3 month demo account with Saxo Bank, a leading international brokerage, to give you plenty of time to become comfortable with a live trading platform before risking real money.

We have worked hard to prepare a fresh and dynamic course; one that moves at a good pace to keep you interested. You'll see a mixture of classic topics which every aspiring trader needs to understand, and some cutting-edge psychology research: fascinating material that could well give you a winning edge.
We realise that a lot of courses cover too much material, leaving you confused about the techniques that you should use. Instead, we have carefully considered which topics to include and which to leave out, covering only the material that a professional trader considers to be important. This is often not the material covered on a standard beginner's course!
When we cover a topic we explain exactly why you need to know it, and exactly how it fits into our step-by-step trading strategies. You will always understand why we are showing you something. Here are the eight modules of the Forex course that you will be working through:
In the following course description, don't worry if you see some words that you don't yet understand. During the course, we'll assume that you have no previous experience of the markets, and we'll fully introduce every concept to you.

Module 1: An Introduction to Global Markets
This module is a primer on the markets. Here you will learn the basics about how the global financial markets operate and how the different instruments such as bonds, stocks, commodities, CFDs, futures and foreign exchange are traded and what purpose they fulfil.

Module 2: Mastering Forex
The second module focuses specifically on Forex. The course covers the regulatory environment, commissions and margin. Some sample trades are also given. In short, you will gain all the knowledge and terminology you need to feel comfortable with this instrument.

Module 3: Risk Management
In this module we explain the difference between investing and trading, and introduce the vital concept of Probability of Ruin: the mathematical underpinning of all trading activity. This leads directly into risk management and the use of leverage and position sizing. At the end of this module you will understand how you should trade in principle and why deviating from these principles is the reason that the majority of market participants end up losing money.

Module 4: Fundamental Analysis
Fundamental analysis tries to predict where markets are going based on the underlying economic factors underpinning a market, whether this is supply and demand for a given commodity, the macroeconomic outlook for a currency or the price to earnings (PE) ratio of a stock. Even technical analysis strategies are informed by fundamental analysis.

Module 5: Technical Analysis and Trading Strategies
Technical analysis looks at historical price and volume charts to determine where prices are heading. The key skills in technical analysis allow you to find good risk/reward opportunities by determining trend directions, and understanding precisely when to enter and exit your trades. This module contains two highly-detailed step-by-step trading strategies.

Module 6: The Psychology of Successful Trading
Here we explain the latest findings from behavioural finance and how they can make you a more successful trader. Learn to keep your trading on course by avoiding the most common mistakes made by losing traders due to psychological biases within all of us. Understand the concept of emotional capital and how it is as important as financial capital in successful trading.

Module 7: Developing a Trading Plan
In this part of the course we teach you how to plan your trades and, more importantly, to trade your plans. We look at the key features needed in a trading account, and at the questions that any trading plan should answer.

Module 8: Guide to the Trading Simulator
The Tradernomics simulator gives you a quick way to check your understanding of the course material. It allows you to practice the trading strategies mentioned in this course by using charts of real historical market data and allowing you to place simulated trades. This module gives you instructions on how to use the simulator, and suggests exercises to help you get ready for real trading.
Practice in our trading simulator
Research shows that the best way to learn a new skill is to practice it. So we built our patent-pending trading simulator and pre-loaded it with real historical data from the most popular stocks, indices, currencies and futures markets. You can then place trades based on the skills you have learnt in the course, and the simulator will keep a full track of your profits.
The trading simulator isn't designed to be a full copy of a real trading platform: it is a first step to make sure you get the basics right, and so we've cut it down to only the things that are needed to help people learn quickly.

We designed our trading simulator with the following aims in mind:
1. To make trading practice quick and efficient: Rather than waiting for the markets to move in real time, a whole month of trading can be simulated in just a few minutes. This is the fastest way to practice your trading.
2. To test your skills: You'll soon know whether you've fully understood everything on the course, giving you a chance to test your learning at your own pace.
3. To give you confidence: Whilst nothing can completely replicate the feeling of trading for real money, you can face the markets confident that your techniques would have been profitable in the past.

When you buy this course, we will send you:
1. Trading workbooks:
These cover everything you need to know, even if you're a total beginner. The workbooks are full colour, and spiral-bound to lie flat while you're learning.
2. Access to our online trading simulator:
The fastest way to improve your trading. We'll make trading so natural to you that you'll stay relaxed when you're in the markets for real.
3. Access to our private website:
You'll get our online calculators to put the best data at your fingertips, and quizzes to check your understanding as you learn.
4. Full support for a year by email:
If you have questions or comments on the material that we cover on the course, we're here to help.
5. A smart Tradernomics bag:
This black briefcase bag holds all your course materials, and can be used as an every-day business bag.

Title Information

Format:

Workbook

Product Code:

382862

Publisher:

Tradernomics

Published:

01/01/1970

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