FBS Trading School Beginner
In this section, you will learn what is Forex trading. You will make all the steps necessary to start trading currencies. Here you will find everything a beginner needs to know: the basic Forex terms and definitions, as well as the instructions on how much money to spend on one trade, how to calculate profit and how to manage risks.
- What is Forex?
- The advantages of Forex market
- When is Forex market open?
- What technical tools do I need for trading?
- How to trade?
- Demo accounts
- Currency pairs. Base and quote currencies. Majors and crosses
- Bid and Ask price. Spread
- Transaction, profit, loss. Types of orders
- What are pips and lots?
- Calculating profits
- Swap and rollover
- How much money do I need for Forex trading?
- Economic calendar
- Leverage and margin
- How to determine position size?
- How to open a trade in MetaTrader?