Trading in the Forex market can be a complicated and difficult task if you don't know where to start or what type of information to consume. There is an enormous amount of information available on the internet and even more people that want you to spend your hard-earned money on their courses, systems, signals, algos or any other number of trading related schemes. What we have done in this Wiki is break down the essential skills and information you will need to build a solid foundation as a Forex trader.
We have gone to great lengths to put this information together that was developed and written by actual full-time traders with decades of experience. It is our hope that, with this information, we can bridge the gap between the big banks and retail traders to help put more money in the pockets of retail Forex traders and less in the coffers of the big banks.
In this Wiki, we will look at the 6 Essential Elements of Professional Forex Trading, why they are so important to your success, and how you should approach learning them.
Just a reminder: This Wiki is intended for educational purposes only and is not intended as financial advice. Consult your financial advisor should you have questions about your finances.
NOTE: This Wiki is in constant development starting March 30, 2023. Please bookmark and check back regularly for updates.
The 6 Essential Elements of Forex Trading
In this Wiki, we will look at the 6 essential elements of professional Forex trading, why they are so important to your success, and how you should approach learning them. Understanding these 6 key elements will help form the structure of your learning and understanding of how the Forex market works and why price moves the way it does. Trading is a business just like any other with many moving parts and lots of things you need to know. We have done our best and are updating this Wiki and the other Wikis it links to in order to give you the best information available to help you make more pips.
The 6 Essential Elements of Forex Trading are:
- Fundamental Analysis
- Sentiment Analysis
- Risk Management
- Trading psychology
- Price Action Analysis
- Technical Analysis
After you have a solid understanding the next thing you need to do is define your trading strategies based on what makes the most sense to you and your situation.
Fundamental Analysis
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Sentiment Analysis
Coming Soon
Risk Management
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Trading psychology
Coming Soon
Price Action Analysis
Coming Soon
Technical Analysis
Coming Soon
Trading Strategies
Coming Soon
Fundamental Trading Strateiges
Coming Soon
Sentiment Trading Strategies
Coming Soon