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Updated in [August 31st, 2023]
Skills and Knowledge:
- Understanding of how the Forex Market works
- Leverage application
- Knowledge of PIP, lot, margin, spread, and other concepts
- Recognition of the best time to trade
- Use of different types of orders
- Opening an account with a reliable broker
- Use of the MetaTrader 4 trading platform
- Reading a Forex chart
- Analyzing price movements
- Analyzing the market using technical and fundamental analysis
- Use of popular and effective tools of technical analysis
- Understanding of Macroeconomic indicators
- Reading the Economic Calendar
- Risk management
- Avoiding common mistakes made by traders
- Trading in the Forex Market
Professional Growth:
This course can help professionals gain a better understanding of the Forex market and how to trade in it. It can help them understand the different concepts, such as leverage, PIP, lot, margin, spread, and more. They can also learn how to use different types of orders, open an account with a reliable broker, use the MetaTrader 4 trading platform, read a Forex chart, analyze price movements, use technical and fundamental analysis, understand the main macroeconomic indicators, read the economic calendar, manage risk, and avoid common mistakes. All of these skills can help professionals become more successful in their trading endeavors.
Further Education:
This course seems suitable for preparing for further education in Forex trading. It covers a wide range of topics and concepts related to Forex trading, including understanding how the Forex market works, using leverage, analyzing price movements, using technical and fundamental analysis, managing risk, and more. It also provides practical skills such as opening an account with a reliable broker and using the MetaTrader 4 trading platform. Overall, this course can provide a solid foundation for further education in Forex trading.