Forex Trading for beginners - EXPLAINED - Step by step

Every day, over 5 trillion dollars is traded on the Forex Market, making it one of the most exciting, fast-paced markets to trade. 

Whether you are completely new to Forex or you have recently started trading Forex, it's important you truly understand the basics.
 

In his video, he's going to show you all the essential details you need to know before you start trading forex or before you really start growing your account. Famous for being able to explain the forex industry easily, you're going to learn a lot from this easy explained step by step Forex for Beginners video!

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* The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts.

** Our team of coaches will never contact you directly outside of the Trading Room. If any person(s) contacts you via Social Media platforms offering account management or asking for payment, this is not HowToTrade and should be ignored.

[Stanley]

Great video. I’ve watched several youtube videos on how to trade in the market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands

[zyeraphbucalan]

Here are the timestamps for the topics guys:
2:50 - Topic Roadmap
10:12 - Forex Pairs
12:58 - Forex Price Quote
14:50 - Lots and Leverage
20:50 - Technical vs Fundamental analysis
24:35 - Brokers and Trading platforms (MT4 vs MT5)

30:48 - The Price Chart
34:52 - Order types
37:27 - Strategies
38:55 - Risk management
42:43 - Psychology tips & challenges
45:24 - Copy trading signal following
46:45 - Conclusion

Hope this helps!

[martinlesley]

For a few months now I have been searching tirelessly for information on how to start investing. I even payed $1000 for a course that I now regret. It appears that there is no structured guidiance for beginners on how to get started in this realm. I've come across several investors making well over $250k/annum and would be grateful if anyone on here could provide insights on how to get started, identify potential stocks, when to make an entry, exit etc.

[williamsjohn]

What could be the most secure and efficient way to invest in cryptocurrencies? I've done some research but am still unsure. Advise please!

[danieljamal]

If being a millionaire retiree is your future forte, then keep a close eye on the stock market stakes and ensure that you invest in the right stocks that suit you.

[Bireshprema]

When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it..

[brittanynicoleduncan]

This video definitely filled in all the gaps I had as far as understanding how it works and especially how placing orders works

[patrickteran]

I'm starting completely new and it's refreshing to find someone who talks practical and honestly without any hype.

[Humayunkabir-nnrh]

I am just a beginner of forex. I must say, this is one of the best forex beginners videos I have ever seen. Simply, brilliant and outstanding sir. Hope, I will learn and consolidate on Forex after learning from you sir. Really hats off.

[kentypetlele]

Indeed watching and listening as a begginer this makes it a lot more better and easier. I'll repeat it time and again to get myself running.

[michaelmichael]

The people who are watching now..I wish the best in future

[febiandonald]

As a forex trader, it’s almost inevitable that you’re going to experience some ups and downs along the way. Alertness and deciveness are both fundamental ingredients in the recipe for a successful forex trader

[Shawk]

Yes, Forex market is theoretically open 24/5 but during a typical 24 hour day, it goes through dead periods (graveyard shift) and swing periods especially after the U.S market opens.

[joannebonnett]

*DESPITE THE ECONOMIC CRISIS, THIS IS STILL A GOOD TIME TO INVEST IN FOREX AND CRYPTO, *

[alfonsodavidson]

This video will change my entire approach to the financial markets

[Deeopath]

Your teaching makes more sense than most others out there. Thank you!

[harrisoncordi]

The zenith of investment platforms deals mainly with Bitcoin and forex trading.. investing wisely

[innovatetech]

I really appreciate you sir, what a wonderful Lecture!! Thanks a million

[JodieMcMillan]

Truly excellent video! Loved your style of teaching as well as your honesty. This is my first video of yours and will be looking at other after a this great one- thanks so much!

[preetisehgal]

Hi this is the first time i will be working for forex thats the reason i am learning so that i can easily attract the customers