Educational Programs

Grade Levels

Forex education for beginning participants is built by brokerage companies in the form of the consecutive occupations promoting forming of a strong basis for an effective trading activity. Announcements regarding training seminars, meetings, and interactive programs are updated in the fixed mode on the sites of the companies. Information concerning earnings methods in the Forex market, studying the trading Internet, the training materials which are in an open source on the broker sites - this list of learning tools is provided by the companies for studying the new and useful data.

In general, work grade levels on Forex are subdivided into 2 main: fact-finding and practical.

Fact-finding stage includes:

• Forex market research and studying of other financial platforms;
• Consideration of trading process in the Forex market;
• How to carry out the analysis;
• Studying the factors which help to get profit on trading activities.

This stage of Forex training, in addition to an acquaintance with the market, is intended to help the beginning trader to determine if he is interested in Forex trading.

After the theory, the practical training provides studying of subtleties of trading strategy, tools, with the subsequent working with the gained knowledge in practice. With a basic course of training in parallel pass various master classes and seminars which are taking place every week, according to the separate schedule which can be learned on the website of the brokerage company.

Training Methods in the Forex Market

Learning at webinars. Today it is one of the most effective and progressive methods of trading education. A webinar is a special technique by means of which it is possible to hear and see the lecturer to ask necessary questions on the Internet, i.e., in fact, it is a live seminar by means of video. This option is generally free, but paid webinars also exist.

Learning from books. It is worth noticing directly, this type of training is ineffective. The main part of these materials were written in 70-90s of the 20th century, is applicable to the market of that time. But, the Forex market is in permanent movement, and the result of the biddings on book training most likely will be zero, or even negative. Besides, the technologies described in books were known to many traders long ago, respectively today they aren't effective.

Training using the video materials. The most effective method of Forex learning. Its essence is in independent search of all necessary video records, various author's developments. After downloading the necessary material on the PC, application of the received techniques on a demo account, then on the client and real accounts follows. Big plus that in the future the trader can pick up the most effective technologies, with the subsequent modification under himself and applicable in trade.

Training with the experienced trader. In spite of the fact that this type of training, most likely, is the most productive to find the successful trader which will agree to train a beginner is not simple. The main benefit of this type of training is that being trained at the practicing trader, it is possible to avoid many mistakes peculiar for beginners. But first it is necessary to find the similar specialist, and secondly, the whole process will be expensive.

In general, studying the trading knowledge is a hard and slow process, which requires efforts and time, but the result totally worth it.