Level 1: Harbor Novice
6 chapters45 lessons~127 min total
1What is Forex?
2How Do You Trade Forex?
1How to Make Money Trading Forex2Know When to Buy or Sell a Currency Pair3What is a Pip in Forex?4What is a Lot in Forex?5What is a Spread in Forex Trading?6The Bid and Ask Price Explained7Impress Your Date with Forex Lingo8Types of Forex Orders9Trading Order Types Cheat Sheet10Demo Trade Your Way to Success11Can You Get Rich By Trading Forex?
3When Can You Trade Forex?
5Why Trade Forex?
6Margin Trading 101
1What is Margin Trading?2What is Account Balance?3What is Unrealized P/L and Floating P/L?4What is Margin?5What is Used Margin?6What is Equity?7What is Free Margin?8What is Margin Level?9What is a Margin Call?10What is a Stop Out Level?11Trading Scenario: Margin Call Level at 100% and No Separate Stop Out Level12Trading Scenario: Margin Call Level at 100% and Stop Out Level at 50%13Trading Scenario: What Happens If You Trade With Just $100?14Warning: Different Forex Brokers Have Different Margin Call and Stop Out Levels15The Relationship Between Margin and Leverage16Margin Jargon Cheat Sheet17How to Avoid a Margin Call