Welcome to this, your first lesson in our SF Free Forex Course. We hope you find the content interesting, informative and helpful to your trading future. In this first lesson you will learn about all the basic information regarding the Forex market. While these following lessons will cover a large number of concepts and ideas in great depth, more detail and advanced trading ideas are available in the SF Advanced Training available at www.tradingwithtamil.com
In any kind of business, from selling used cars to trading the Forex market, it is important to understand every aspect of the market, from the very essentials to the most complex issues that affect it.
Picture this scenario, if you were to adventure into the used cars business, would you just buy a car lot and try to sell them without any planning? I don’t think so, if you do this you will probably end up with a different car to use each day of the week. What would you do then? You will probably want to do some research on the market in which you are about to venture: Who are my possible clients? Check out strategies and prices of competitors, do some analysis of advantages and disadvantages of the used car market, and much more…
The same goes for trading. I’ve seen many traders getting a margin call (MC) without being aware what kind of leverage was being used when the MC happened and some other traders without even knowing what a margin call was!! (If you are not familiar with these terms, don’t worry about it, we will go through them in the following lesson).
In this lesson, we will analyze every aspect of Forex trading, from how it was formed, the main participants, advantages and disadvantages of trading the Forex market, how the Forex market compares to futures and equity markets and all concepts related to Forex trading.
This Lesson is structured in the following way:
Section 2: The Forex market – In this section, we will answer important questions such as: What is the Forex market? When did the Forex market start? What is traded in the Forex market? Where is the physical location of the Forex market?
Section 3: Benefits of the Forex market –We compare the Forex market with other financial markets and see what makes the Forex market so attractive.
Section 4: Main Forex Participants –We analyze who participates in the Forex market and what is their part in it.
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Here at Forex Tamil, we are focused on teaching you high probability and low risk price action trade setups, so that you are able to create a consistent edge over the market that you can use to your advantage, time and time again. You Can Read More Here.
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HIGH RISK WARNING : Commodities. Equity Futures, Forex,Currency and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in Commodities, Equity futures, Forex ,Currency and options and be willing to accept them in order to trade in these markets. Commodity, Equity Forex and Currency trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.