Once you graduate from this course, you can take it over and over again for FREE! Tuition rebates are also available from our affiliated broker/dealers!
Course Description
The objective of this 2-day class is to introduce active traders to the exciting world of foreign exchange currency trading, also known as Forex, FX or currency trading. We will teach you all aspects of the Forex trading world using the latest tools and software. You will learn to control your own order flow by using “state-of-the-art” Forex Trading Platforms with some of the best of breed Forex Dealers.
You will learn how the pros make money and learn the differences between Forex and equities trading. Decide for yourself which is the best instrument for you. Don’t be surprised to find that you can use BOTH in harmony. Forex offers 50 to 1 leverage and 24/6 trading hours. Learn to trade with discipline, a plan and the technical tools that the World Currency Traders use.
Class Materials
Each student will receive a binder with all class slides printed in color, with room to write notes. Also included are class handouts and any additional material the instructor provides for the course, so student can easily refer to all class material after the class.
Course Curriculum
Day 1
Day 2
Morning Session
Intro to Forex
History of Forex – Barter versus Money
Benefits over Equities Trading – Why Switch
Trading Environment – Real World vs a Better World of ECN Trading
Mid-Day Session
Trading Instruments – Which currencies and Why
Pips – How to make money
Leverage – Use of Margin at 50:1
Overhead – Cost of Doing Business
Lunch
Afternoon Session
Trade Examples – Long & Short
Influences on Currencies – Economic Indication, Market Indication
Technical Analysis – Specific to Trading FX
Morning Session
Review Technical Analysis
Continued Technical Analysis – Specific to Trading FX – See it set up
Risk Management – Trading Rules, Capital Preservation
Lunch
Afternoon Session
Trading Remotely – Setting up Your Trading Station
Research – Global Markets.com and Other Specific FX sites
Trade Plan – High-Probability Tactics for Short and Intermediate term Trades
Trading Session
State of the Art Forex Platform – Section by Section Explanation
"The intro course simply made me thirsty to learn more about FOREX. The instructor, Rick trained with a high level of excitement which made me want to jump into the markets. Despite the excitement he always put strong emphasis on capital preservation. More importantly, he didn't just say we should be aware of losing money. He showed us valid techniques to protect your trades. Of course the tools to make money were great but a little safety never hurts. I am a better trader because of this emphasis that is common in all of the Online Trading Academy courses I have taken. Looking back, I wasted my time and money training with other companies. Online Trading Academy offers me a complete package."
Terrence W., February 2008
"Forex trading is a new market and experience for me. This class gives the detail needed to trade this market with confidence and is a must before entering the market."
Jack C., February 2008
"The Forex course offered by Online Trading Academy is an incredible learning experience for anyone wishing to trade Forex."
Neal B., March 2007
"The Forex course at Online Trading Academy should be at the top of the list of anyone serious about learning how not to lose money as a trader. I built up my confidence before I got to trade. I developed a trading plan, learned how to keep a diary of my trades, and now I can track how well I do or what problems I might be having. Thank you Online Trading Academy for building my self-confidence and showing me how to trade like a pro."
George C., March 2007
“I have been trading Forex for 3 months and it took weeks for me to learn a few basics which were taught in this class in few mins. Instructor was crisp and clear and explained in detail when in doubt. I would strongly recommend my friends to take up the class even before they open a live account or start trading. Online Trading Academy is an interesting place to learn how to trade well. The instructor was knowledgeable, excellent in communication and presentation skills. I would like to attend more of his classes in future.”
Satish A., March 2007
"I came with a very open mind, no knowledge as far as trading in the Forex Market and I can say that this class was a win/win situation. The dynamic was just perfect so was the speed. I'm looking forward to polishing my skills and keeping on learning. Thanks a lot Online Trading Academy."
Ulises S., March 2007
"This is a fantastic course for those wishing to understand and then trade Forex. The material is class based and live-trading based - quite unlike any other course I have experienced. Most courses run away from proving themselves and their techniques in the market."
Kevin M., June 2005
"This class introduced me to an entirely different way of thinking about trading. If one is really interested in FOREX trading, one must take this course."
Andreas A., December 2005
"Abe obviously knew the subject well and his delivery was excellent."
David P., September 2005
"Abe taught it, and he's made money in forex and trained others to do so, the main thing that drew me in is that his students have been successful, which means he's decent at teaching his success to others."
Aksel A., September 2005
"Half way through the second day, a light literally clicked on inside my head! I cannot over emphasize this fact. I was amazed how the last 18 months of individual study and searching came together with a clarity of understanding that truly surprised me and well beyond my expectations for this class. Thank you so very much."
Russell T., December 2004
"No gimmicks, learn the real deal, with an active trading instructor."
Fabian R., June 2004
"I was very pleased with the FX class, it was well organized, had good content with enough substance to more than satisfy your target market and was delivered by Mike in a way that kept our attention. I have been in the markets for 31 years and have attended many training programs and seminars over the years, and I believe that Mike is probably the best instructor that I have seen."