Forex Trading for Beginners - Learn to Trade Forex with cTrader - Episode 1

Forex Basics is the first episode of our video series "Learn to Trade Forex with cTrader" English Subtitles, Русский Субтитры, 中国字幕, Español Subtítulos, Sottotitoli in Italiano Table of Contents 0:46 - What is Forex 02:06 - Currency Pairs and Exchange Rate 04:08 - Going Long (buying) and Going Short (selling) 05:30 - What is Trade Volume, Stop Loss and Take Profit 08:40 - Pip definition and Pip Values 11:06 - Selecting your Trade Volume and creating an Order 13:50 - Order types (Market, Limit, Stop) 17:05 - Small introduction to the rest of the tools of cTrader In this episode, cTrader Product Manager Alex Katsaros gives us an introduction to Forex Basics. You will learn what Foreign Exchange is and terms like exchange rate, spread, bid, ask, pip, base currency and quote currency. You will learn the different Order types, what Stop Loss and what Take Profit is. You will also learn what volume to choose when trading and how to create an order and manage your position. This is the first episode of our new series focused on educating traders on the basic and advanced concepts of Forex trading. FOLLOW US: www.facebook.com/spotware https://twitter.com/ctrader https://plus.google.com/+Spotware/ Please Visit www.spotware.com

Comments

1. sorry i'm new to this, but why do you want to loose 100 pips, why not just NOT do the stop loss and only do take profit? thanks!
2. The whole idea of foreign exchange trading is based on the constant fluctuations in currency, testing different systems and money management strategies. However, making wise business decision will help you to invest rightly and profitably. So, for the beginners need to understand those different systems and strategies. Then they have to choose the right broker what is match with their mentality and trading style. I am with ECNCAPITAL because I found it is right broker for me.
3. Who could have imagined 10 years back that there would be a app that’ll be doing all the trading for you and will be doing it better than you could ever do but today (https://plus.google.com/107219347246250089542/posts/Sn2tjG2fPAa ) is making sure that you don’t have to spend a lot of time on trading and at the same time you are getting good amount of money out of it.
4. Nice basics. But go for practical
5. I want to commend Petrov Artemovich for helping novice traders with his knowledge and incredible strategy. Since he started trading for me I've been closing my trades at profits, I'm able to win 8 out of 10 trades daily. Thank you for being a great mentor, for traders who want to take their trading to the next level here is his mail; Petrovartemovich @gmail .com
6. Please stop saying that if you're right you will "win money". Makes it sound like you are gambling or playing a game or something which trading is not. A better and more correct thing to say is you wil "make money" like from a job or something - trading should be looked at as something serious like a job - not gambling. You sound like you have been in the markets for a long time and have some sort of managerial position so please correct your terminology and set a better example for everyone. Thanks.
7. Excellent video, thank you!
8. Clarity and simplicity: a great video indeed
9. Great post!
10. I understood nothing, pls help guys
11. Very easy to understand especially like me who doesn't trade forex at all. Thank you
12. thanks
13. this can't be free? taxes
14. Hello
15. absolutely bang on point.  amazing video it's exactly what I wanted. thanks a bunch
16. how to get started with forex trading, what must you do after registering on the website
17. This guys awesome! The Count! Ha Ha Ha... do it guy! next episode do the laugh! LOL
18. gather more pips, please check my videos too thanks
19. Is there a penalty for using stop loss?
20. is there anything simpler? I understood maybe half and it wasn't because of his ascent...lol. I need baby steps. I mean BABY STEPS. I really want to understand and try this out