Learn Forex Trading - PowerPoint PPT Presentation

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Learn Forex Trading

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Understand basic of forex and learn forex currency trading and how to start fx trading. – PowerPoint PPT presentation

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Title: Learn Forex Trading


1
Learn Forex Trading
  • Platinum Trading Institute

2
How to Get Started in Forex Trading?
  • The first step to forex trading is all about
    understanding the basics of forex.
  • Once a trader is familiar with all the
    terminologies, he/she needs to pick a forex
    broker in order to trade as per their preferred
    trading strategy.
  • Additionally, they must also set up a demo
    account and delve deeper into forex charts and
    signals in order to initiate trading.

3
How to Start Trading?
  • Initiating Forex Trading US has a lot to do with
    the type of broker you choose.
  • The ideal way to select broker is to search for
    specific features such as the type of spreads,
    accounts, leverage, customer support, platform
    and trading resources they provide to their
    clients.
  •  Hence, when you pick a broker that offers low
    spreads, you end up saving a great deal of your
    money.
  • Also, before you commence trading and pick a
    broker, determine whether the brokerage is
    registered and regulated or not.
  • Traders must also ensure that their preferred
    broker offers a wide variety of tools and
    resources for trading.

4
How to Start Trading?
  •  Trading becomes much easier if your Broker
    offers an easy to use and access platform.
  • Additionally, features such as analysis tools,
    real time charts, forex news updates etc. come
    handy at the time of placing trade orders.
  • Hence, make sure that you settle for a brokerage
    firm that all of the above and more.
  • In order to get started in forex trading, you
    must also have sufficient knowledge around
    leverage. 
  •  In order to get started in forex trading, a
    trader must also have an understanding of
    different types of accounts available for trading.

5
How to Start Trading?
  • you must have an in-depth understanding of
    the Fibonacci charts, Parabolic SAR, Pivot Points
    and the Elliott Waves.
  • Finally, choose a strategy that complements
    your Forex trading style and studying different
    trends and market conditions can help you in
    getting started in trading.

6
Thank you
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