There are a number of online forex trading courses to choose from. Some of the best ones use supplemental materials that break up huge walls of text and keep students interested. You can also read reviews of forex trading courses online to get an idea of what to expect. Forex traders are all in it to change their careers or make some money.
One of the best ways to learn the forex market is through a reputable online trading academy. Benzinga offers both one-on-one mentoring and live group webinars. Its membership price ranges from $58 per month to $312 per year. The professional plan provides members with priority access to mentors. The $58 per month plan is perfect for new traders testing the waters.
While forex trading has plenty of opportunities to offer, it requires a certain level of expertise and discipline. You will need to learn about currency pricing, risk management, and economic news. Understanding these concepts will help you make more profitable trades. Once you understand the market, you will be able to predict currency prices and take advantage of market trends.
When you’re learning forex, it’s crucial to find a good broker. A good broker will provide you with competitive exchange rates, great trading tools, and fast trade execution. Benzinga has a list of the best forex brokers for beginners.
Chew’s One Core Program
If you’ve ever wanted to learn forex trading, you’ll find that the One Core Program is a great way to get started. This course provides an easy-to-understand introduction to currency trading and will teach you how to use the MetaTrader 4 trading platform. The program also teaches you how to read charts and develop trading strategies. As a bonus, you’ll also get access to an MT4 setup, which will be beneficial if you’re going to trade online.
The program’s video lessons are designed to be easy-to-digest, with small chunks of information grouped together. Unlike other courses that require you to watch videos in one sitting, the lessons are designed to be watched over time. And because they’re delivered online, you can access them anytime you want. Plus, they’re taught by a successful trader with 20 years of experience.
Besides providing easy-to-understand instructions, the course also comes with videos that provide in-depth information about complex topics. Typically 20 minutes long, the videos explain various strategies in detail. Chew also gives examples from his own business to demonstrate how the strategies work.
Raghee’s Forex 101
Raghee’s Forex 101 course is an excellent resource for those who want to learn how to trade in the Forex market. It teaches how to backtest trading ideas, introduces you to forex tools, and shows you how to find profitable opportunities in the market. This book is a combination of an instructional manual and a trading journal, and shows you exactly how to enter the market with confidence and exit it with profits.
The book is presented by Raghee Horner, a veteran trader with more than 30 years of experience. He has a thorough knowledge of the Forex market, and this translates to a clear, engaging presentation of the information. His approach is straightforward and engaging, making this a great course for those with little or no previous trading experience.
The course is divided into four parts, each of which teaches basic concepts in forex trading. It begins by explaining what currency pairs are, how they are traded, how spreads work, and what Fibonacci retracements are. The course goes on to teach how to read Forex chart patterns and identify support and resistance levels.
Six Figure Capital
The Master the Art and Science of Trading course from Six Figure Capital is an intensive, 14-day course designed for beginning and intermediate traders. The course includes 19 videos and live trading sessions. It also includes bonus materials like e-books and spreadsheets. You can also sign up for the company’s Slack channel to get more support and help from other students.
The program’s courses are broken into modules. Each module covers a different technique, such as harmonic trading, which can result in multiple winning trades on the same price action. The course teaches how to use this technique and manage risk. This course is available to Six Figure Capital members. Investing in this course requires a small initial investment, but once you’ve made a few trades, you’ll have a great foundation for future trading.
The modules are easy to understand, and members get bonuses such as e-books and downloadable bonuses to further their education. In addition, they’re given a spreadsheet to track their progress in the financial markets.