Level 1: Learn the Basics

Start here if you’re new to Forex trading.

1. Introduction to Forex Trading

  1. What is Forex Trading? A Beginner’s Guide to the Currency Markets
  2. The History of Forex: How the Foreign Exchange Market Evolved
  3. Who Trades Forex? Banks, Hedge Funds, and Retail Traders
  4. Conflicts of Interest in Forex Market
  5. Understanding Currency Pairs: Base Currency vs. Quote Currency
  6. The Role of Central Banks in Forex: How They Control Currencies

2. Forex Terminology Explained

  1. Pips, Lots, and Leverage: Essential Forex Terms You Must Know
  2. Understanding Spreads, Commissions, and Trading Fees
  3. Bid and Ask Price: How Buying and Selling Works in Forex
  4. Margin and Free Margin: How Brokers Let You Trade with Borrowed Money
  5. What is a Swap (Rollover Fee) in Forex? How It Affects Your Trades
  6. Slippage in Forex: Why Prices Change When You Execute a Trade

3. How the Forex Market Works

  1. Understanding Forex Market Sessions: London, New York, Tokyo, and Sydney
  2. What is Forex Market Liquidity? Why It Matters for Traders
  3. Market Makers vs. ECN Brokers: How Prices Are Set in Forex
  4. The Role of News and Economic Events in Moving Forex Prices
  5. Understanding Order Flow: How Big Players Influence the Market
  6. What Are Currency Correlations? How Pairs Move Together

4. Forex Brokers & Trading Platforms

  1. How to Choose a Forex Broker: A Checklist for Beginners
  2. MT4 vs. MT5: Which Trading Platform Should You Use?
  3. How to Install and Set Up MetaTrader 4/5 (MT4/MT5) for Trading
  4. How to Open and Navigate a Demo Account (Step-by-Step Guide)
  5. TradingView vs. MetaTrader: Which One Should You Use for Analysis?

5. How to Read a Forex Price Chart

  1. Candlestick Charts Explained: The Basics of Price Action
  2. Bar Charts vs. Line Charts: Pros and Cons of Different Chart Types
  3. How to Identify Support and Resistance on a Forex Chart
  4. What is Market Structure? Understanding Price Action
  5. How to Identify a Trend: Uptrends, Downtrends, and Ranges
  6. Wicks and Shadows: How They Reveal Market Sentiment

6. Order Types and Trade Execution

  1. Market Orders vs. Limit Orders: When to Use Each
  2. Stop Loss and Take Profit Explained: How to Protect Your Trades
  3. What is a Trailing Stop? How to Lock in Profits Automatically
  4. Buy Stop and Sell Stop Orders: Trading Breakouts Like a Pro
  5. How to Place Your First Trade: A Step-by-Step Guide with Screenshots
  6. How to Modify and Close a Trade in MT4/MT5

7. Forex Trading Costs & Account Management

  1. How Much Money Do You Need to Start Trading Forex?
  2. What is a Micro, Mini, and Standard Lot? Understanding Position Sizes
  3. How to Calculate Lot Size in Forex Trading?
  4. How to Use a Forex Profit & Loss Calculator (With Examples)
  5. How to Choose the Right Leverage for Your Trading Style

8. Practical Trading Exercises

  1. How to Test a Trading Strategy Without Risking Real Money
  2. How to Use a Trading Journal to Improve Your Performance
  3. How to Backtest a Simple Trading Strategy in Forex
  4. How to Analyze Your First 10 Trades and Learn From Them
  5. Screen Time in Forex Trading: How Watching the Charts Improves Your Skills
  6. How to Simulate Real Trading Conditions in a Demo Account
  7. Common Forex Trading Mistakes and How to Avoid Them
  8. Your First 30 Days in Forex: A Step-by-Step Learning Plan