Background: The Training Programme is to introduce the basics of FX trading to retail traders. As 80% of retail traders exit the FX market by either wiping out their entire trading account or just give up without achieving what they have set to achieve from FX trading, this course aims to bring retail traders “into the light” but emphasizing on the fundamentals and trading psychology and strategies. Training Objectives: Retail Traders will be able to understand the basics of FX trading design their trading plans and formulate trading strategies based on their trading plan while maintaining the right trading psychology throughout their entire trading journey. Learning Outcomes: The Learner will be able to list the advantages of trading FX, explain the different stages of a trader and what is FX trading. The Learner will be able to differentiate the different type of trading charts, in particular the Candle Sticks chart. Identify chart structures and apply trading technical like Fibonacci, Harmonics and Double Top and Double Bottoms. The Learner will be able to formulate a trading plan with identifiable trade ratings. Implement trading rules and routine, set trading parameters and perform back testing while maintaining positive trading psychology. The Learner will be able to apply money and risk management technique in their trading strategies. The Learner will be able to evaluate effectiveness of their trading plan.
What you'll learn
list the advantages of trading FX
explain the different stages of a trader and what FX trading entails
differentiate various types of trading charts, particularly Candlestick charts
identify chart structures and apply trading techniques like Fibonacci, Harmonics, Double Top, and Double Bottom
formulate a trading plan with identifiable trade ratings
implement trading rules and routines, set trading parameters, and perform back testing
apply money and risk management techniques in their trading strategies
evaluate the effectiveness of their trading plan
Course objectives
understand the basics of FX trading
design trading plans and formulate strategies
maintain the right trading psychology throughout their trading journey