Welcome! Are you new to trading forex? SterlingHouse helps beginners learn how to trade forex. If you’ve always wanted to learn to trade but have no idea where to begin, then this course is for you.
Currency trading? Forex trading? FX trading? Totally clueless about forex? Here’s an introduction to the foreign exchange market
Learn about the large financial market where fiat currencies are traded.
You can buy and sell currencies against each other as a short-term trade or long-term investment.
In forex trading currencies are traded in pairs; you can’t buy or sell a currency without another.
There are different ways for traders to participate in the forex market, it can be added through the spot market, exchange-traded funds options and futures.
Use fundamental analysis to help us decide whether to buy or sell a specific currency pair.
How many units of currency can we trade? What size positions can we trade and what are they called?
Trade on demo first, to get a lot of mistakes out of the way before risking live capital.
Forex trading sessions will help to how the forex market is broken up into four major trading sessions and which ones provides the most opportunities.
Each trader should know when to trade and when NOT to trade.
No centralized market, tight competition between banks normally leads to having the best prices.
Understand the nature of the spot forex market and who are the main forex market players.
Low transaction costs and high liquidity are some advantage