Learn Forex Trading in 4 Weeks

The most probable reason you might have clicked on this article is that you have developed an understanding of how the forex market works, you got to know that it is the biggest trading market in the world and you see forex as a great opportunity, the idea of forex trading excites you and you are thrilled to add zeros to your current bank balance. Well, you have landed at the right place, we will hold your hand and walk you right through the process of becoming a winner in the forex market and start making some serious money moves.

• The Art of Learning

‘The more you learn, the more you earn’ they say well the statement is very true in the case of forex trading. Though forex trading is not a very demanding profession that requires a high amount of initial investments, what it does require though is patience and for you to be a good learner. While understanding forex in these 4 weeks you should devote most of your time solely towards learning the working of the forex market, read books and also learn the tips and tricks used by experienced investors and absorb all information you can gather like a sponge. 

• What Books Should I Read?

If you have difficulties understanding how the world’s economic system works and don’t have a basic understanding of economics well then jumping right into advanced books isn’t that wise of an idea, what you should do instead is watch a few Youtube videos on how economies works and learn some basic economic terms and then start off with your reading.

Really good starter books are ‘Currency Trading’ for dummies and ‘Forex for beginners’ by Anna Coulling. Both of these books explain the concepts in a very easy manner and will be of great help.

Other more advanced books will teach you more complex tricks and tips. Like ‘Naked forex’ by Alex and Walter that will teach you the art of trading forex without indicators and also books like ‘High Probability Trading Strategies’ by Robert Minor that will teach you different tactics of the forex market. You can get these books easily at a good library and they are also available on Amazon so make sure that you give them a good read. Also, while reading it is a good idea to search for anything that you don’t understand on the web and then carry forward, try not to miss anything.

• Which Experienced Investors Should I Follow? 

An intelligent man learns from his mistakes while a genius learns from the mistakes of others, that’s what you should do, you have to be willing to learn from others and try to avoid the mistakes they have made in the past. There are many people out there that have years of experience of trading in the forex world and they are out there to teach people trading forex for nothing in return, some well-known names are Shiva Krishnan and Rico Forex they both have YouTube channels containing hundreds of videos teaching forex other than them if you are looking for someone that will guide you through every step and corner there are many people who are offering paid courses and assistance, you can select the perfect one for you by reading their reviews online. 

• Learn to Study Charts

Being in the forex world and not understanding charts is like being in a kitchen without knowing how to turn on the stove. Forex trading requires you to study charts so that you can make timely decisions and know when it’s time to trade. If you don’t understand charts well it’s not that big of an issue you can watch a few video tutorials online and you will be good to go. 

• Using Practice Trading Apps

If you are not familiar with the concept of what a practice trading app is, well it’s an app that gives you a certain amount of money to practice trading, don’t get too happy because it’s not real money instead it is just fake money that you can use to trade offline and learn and experiment before you actually start trading online with your real money. You can find many of these Forex practice apps on both the Google and iOS play store, ‘IQ options’ a well-known app in forex trading offers you a free demo account, other than that ‘eToro’ another name in the forex world gives you a free practice account in which you can polish your trading skills and be ready to get online and grab the profits.

• Patience is the Key

In the world of trading, patience is the most important factor and patience can generate great profits in the forex industry. Being patient doesn’t mean that you don’t take any action at all, but it means to keep your eye on the ball and strike a home run when it’s time. 

After learning we would suggest you start forex trading with a small investment because you don’t want to throw all your money into something you just started, surely with time you will make a few small profits and become comfortable trading. As time passes you will gain a lot of knowledge while trading and after that, you will be confident enough to invest big sums and make bigger profits and increase those zeros at the end of your bank balance. Forex does require a bit of learning, but once you follow all the steps mentioned above and devote your 4 weeks towards studying and understanding forex trading, it will surely pay off. 

We Offer Mentorship Program.

If you think you are ready to go to the next level, then this is the right program for you. The Full Mentorship Program includes close supervision and mentorship to maximize your trading skills.

PROFESSIONAL TOOLS 

Practical tools to help you track and improve your trading capabilities.

INSTRUCTOR

A professional trader who will serve as your mentor, personal accompaniment, and a direct communication channel all the way.

TRADING COMMUNITY

Entering a quality community of traders who already know how to make successful trades in the market.

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