Overview
Basics of Forex
In this chapter, we will discuss the basics of Forex trading – everything you need to know to get started trading.
First we will cover buying and selling in “Going Long and Short”, then we’ll move on to ‘Lot Size & Leverage’. Next, we’ll cover what a pip is and how to calculate its worth in “What is a Forex pip? How much is a Forex pip worth?”.
Finally, we’ll discuss the various order types and swap trading in “Different Types Of Forex Orders” and “What is Forex Swap? Can I Make Money Collecting Forex Swap?”.
Be sure to follow the lessons up with your own trading on a free $50,000 forex demo account.
