Forex Trading for Beginners

Key Features

• Understand Forex market basics.
• Learn how to read charts and analyze trends.
• Discover risk management strategies.
• Gain hands-on experience with live trading simulations.

Masterclass Objectives

By the end of this masterclass, students will:

1. Understand the fundamentals of the Forex market and how it operates.
2. Be able to read and interpret Forex quotes, charts, and key metrics.
3. Gain basic knowledge of technical and fundamental analysis.
4. Learn risk management techniques to minimize losses.
5. Develop the confidence to trade on a live account.
6. Build a simple trading plan tailored to individual goals and risk tolerance.
7. Understand how to maintain emotional control and discipline while trading.

This masterclass provides beginners with the foundational knowledge and skills to start their Forex trading journey with confidence and preparedness.

Masterclass Outline

Session 1

Module 1: Introduction to Forex Trading

• What is Forex and how it works?
• Key participants in the Forex market.
• Understanding currency pairs and how they’re traded.
• The benefits and risks of Forex trading.

Module 2: Forex Trading Basics

• Forex terminology: Pips, lots, leverage, and spreads.
• How to read Forex quotes and charts.
• Market orders: Buy, sell, stop-loss, and take-profit.
• Overview of trading platforms.

Module 3: Understanding the Forex Market

• Types of market analysis: Fundamental vs. technical.
• Understanding key economic indicators and news impact.
• Exploring market trends and cycles.

Module 4: Technical Analysis for Beginners

• Introduction to charts: Line, bar, and candlestick charts.
• Support and resistance levels.
• Moving averages and basic indicators.

Module 5: Risk Management and Trading Psychology

• The importance of risk-reward ratio.
• Position sizing and leverage control.
• Managing emotions while trading.
• Building discipline and sticking to a trading plan.

Session 2

Module 6: Creating a Basic Trading Strategy

• Combining technical and fundamental analysis.
• Building a simple Forex trading plan.
• Identifying entry and exit points.

Module 7: Live Trading

• Understanding trading costs and fees.
• Continuous learning and improvement.

Who Should Attend Forex Trading for Beginners

• Complete beginners with no prior trading experience.
• Aspiring traders looking to build foundational knowledge.
• Anyone interested in understanding Forex markets.

Limited Seats Available – Register Now!

Date, Time and Venue

Session 1

• Date: 22 Mar 2025
• Time: 10.30am to 5.00pm
• Venue: TRT Academy [5 Purvis Street #02-07 Singapore 188584]

Session 2

• Date: 27 Mar 2025
• Time: 7.30pm to 10.30pm
• Venue: TRT Academy [5 Purvis Street #02-07 Singapore 188584]