Position Trading - Piprider

Basic Forex

Start learning Forex for beginners

Begin your trading journey with a solid foundation. Learn what Forex is,
important concepts, and avoid common mistakes.

Level 1: Basic knowledge

What is Forex?
Advantages and disadvantages compared to stocks
Currency pairs & symbols
Trading hours, leverage, spread, lot size
Trading platforms & how to choose a reputable broker

For those who have never encountered Forex.

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Level 2: Understanding how the market operates

Trading sessions (Asia, Europe, America)
Factors affecting exchange rates: economic news, interest rate policies
Important economic indicators (CPI, NFP, GDP, etc.)
News and how to read the economic calendar

Beginners who want to start demo trading.

Level 3: Market analysis – Technical & Fundamental

Technical analysis: candlestick patterns, support – resistance, trendlines
Fundamental analysis: predicting news that affects prices
Common technical indicators: RSI, MA, MACD
Comparing technical vs fundamental analysis

Beginners ready to analyze markets.

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Level 2: Building a personal trading strategy

Trading styles: Scalping, Day Trading, Swing
Setting up a trading system: entry – exit points
Capital management and trading psychology
Keeping a trading journal

Intermediate traders who want to build a strategy.

Level 6: Practice – Real trading and optimization

Open a demo – live account
Trade with discipline
Learn from losing trades
Optimize strategies after 50–100 trades

Experienced traders aiming for consistency.

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