Forex & CFD trading course

Course Description

Many individuals have known to ‘get rich quick’ with leveraged products like CFD’s and Forex, but this isn’t true. You need both fundamental and technical knowledge as well as practical experience within the trading environment. Stock Market College will enable you to trade these products like a pro!  No guarantees and no false promises, just do your part and you will be successful.

Methods of Study
  • You will utilise our state-of-the-art, online learning management system to work though the modules of theory and apply this knowledge to your trading platform. You will therefore be able to practice whilst you learn.
  • Our lectures are remotely accessible by way of Zoom. You are able to access the classes with LIVE streaming, Monday through to Saturday.  
  • Lectures are also recorded for those who cannot attend or Zoom in. 
  • For those in Gauteng, optional classes run from Monday through to Friday.
Your Course Pack

Quick Start Guide, Guide to the Learning Management System

Accreditations

Stock Market College has an accredited learning program with BankSeta (480-171004) Applied Business Practice and offers the module Apply Financial Analysis – Unit Standard 15236 – for which a student, after being successfully assessed and moderated can receive a Certificate of Competence and awarded 4 credits. This module supports fundamental analysis, a key component in learning to trade the markets.

The Modules
  • Foreign Exchange Market
  • Currencies
  • Mechanics of Currencies
  • Psychology of Trading
  • Banks, hedge funds, Corporations
  • Short and intermediate-term trading
  • Technical currency analysis – basic to advanced
  • Currency Pairs
  • Applying Fundamental Analysis to report outcomes
  • Retail Sales
  • Industrial Production
  • Consumer Price Index
  • Interest rates
  • Trading Strategy
  • Risk Management
  • And lots more..!
Benefits of Course
  • Understanding the Markets
  • Learn your trading instruments: CFD’s and Forex
  • Analysis: Technical and Fundamental
  • Calculate Risk and Reward
  • Place a Trade Chart and Trade on a Trading Platform

LEARN TO TRADE

  • Which operating systems will you use to trade with? You can tick multiple options.
  • This field is for validation purposes and should be left unchanged.

Forex & CFD trading course

Course Description

Many individuals have known to ‘get rich quick’ with leveraged products like CFD’s and Forex, but this isn’t true. You need both fundamental and technical knowledge as well as practical experience within the trading environment. Stock Market College will enable you to trade these products like a pro!  No guarantees and no false promises, just do your part and you will be successful.

Methods of Study
  • You will utilise our state-of-the-art, online learning management system to work though the modules of theory and apply this knowledge to your trading platform. You will therefore be able to practice whilst you learn.
  • Our lectures are remotely accessible by way of Zoom. You are able to access the classes with LIVE streaming, Monday through to Saturday.  
  • Lectures are also recorded for those who cannot attend or Zoom in. 
  • For those in Gauteng, optional classes run from Monday through to Friday.
Your Course Pack

Quick Start Guide, Guide to the Learning Management System

Accreditations

Stock Market College has an accredited learning program with BankSeta (480-171004) Applied Business Practice and offers the module Apply Financial Analysis – Unit Standard 15236 – for which a student, after being successfully assessed and moderated can receive a Certificate of Competence and awarded 4 credits. This module supports fundamental analysis, a key component in learning to trade the markets.

The Modules
  • Foreign Exchange Market
  • Currencies
  • Mechanics of Currencies
  • Psychology of Trading
  • Banks, hedge funds, Corporations
  • Short and intermediate-term trading
  • Technical currency analysis – basic to advanced
  • Currency Pairs
  • Applying Fundamental Analysis to report outcomes
  • Retail Sales
  • Industrial Production
  • Consumer Price Index
  • Interest rates
  • Trading Strategy
  • Risk Management
  • And lots more..!
Benefits of Course
  • Understanding the Markets
  • Learn your trading instruments: CFD’s and Forex
  • Analysis: Technical and Fundamental
  • Calculate Risk and Reward
  • Place a Trade Chart and Trade on a Trading Platform

LEARN TO TRADE

  • Which operating systems will you use to trade with? You can tick multiple options.
  • This field is for validation purposes and should be left unchanged.

GET STARTED TODAY

Top 1o Questions about Forex Trading

Have you heard about forex trading but you don’t know what it means and what it involves. Here are typical questions about forex trading that’ll shed some light on the subject:

What is forex trading?

Firstly, forex is short for foreign exchange. Trading forex means trading foreign currencies and this is done in the foreign exchange market. The forex market is the largest, most fluid market in the world.

When you travel overseas, you convert Rands to Euros or Pounds. At the moment, R10 000 will get you approximately 527 Pounds Sterling. What you receive depends on the foreign exchange rate which goes up and down depending on supply and demand. How many Pounds you get for your Rands depends on the value of the foreign exchange currency at the time.

On a bigger scale, if a large international company needs to pay an overseas supplier; they will loose money if the foreign exchange rate is not favourable. If possible, it would be better to hold back the payment until the forex exchange rate is more favourable.

You trade foreign currency like you trade stocks. You buy foreign currency (for example, US Dollars or British Pounds) before it increases in value and sell it before it decreases in value. This is forex trading.

Forex traders make basic purchases and sales transactions as well as take positions on currency pairs such as spot contracts, forwards, derivatives and contracts with difference. The foreign exchange market is open 24-hours a day on weekdays and forex trading takes place on many different exchanges across the world. We offer our courses to everyone in South Africa including the big metropoles Johannesburg,Pretoria,Cape Town, Durban and more.

Is forex trading risky?

Forex trading does involve risk as does any form of investment. There is a risk of sharp fluctuations in foreign exchange markets as you would get with stock, bond or commodity markets. The main difference though is the foreign exchange market is highly liquid in nature and this reduces the risk of being able to buy or sell where a trader cannot find another market participant to transact with.

To further reduce the risk, forex traders use fundamental and technical analysis before making any transactions. If you are getting involved in forex trading for the first time, it’s important to remember to conduct your own due diligence. This requires you to keep tuned into global developments and world events that may improve the value or devalue a foreign currency.

How can I learn forex trading?

The best way to learn forex trading is to learn by doing it. And you can do this with an online forex trading course that involves opening a demo account and trading “on paper” until you’re confident enough to invest your own hard-earned capital.

It’s important to take your time and learn to trade properly before jumping into the foreign exchange market and losing money. You need a thorough understanding of how the market works and methods used for forex trading. This will help you manage your risk, make profits and set yourself up in a sustainable business.

Experience is key with forex trading and you can get this experience with demo trading. Once you’ve got a good grasp of the technical foundation of forex trading and the mechanics of making forex trades, you can start trading in real time with real money.

The only problem with learning forex trading online with a demo account is you don’t experience the pain of losing your money and this can make you a little blasé. The next step up from a demo forex trading account is opening a micro forex trading account that allows you to make small trades with your own money.

You’re exposed to minimal risk and can enter and exit the market making nominal gains and losses without too much drama. It’s the best experience you can gain and the best way to learn forex trading without losing the shirt off your back.

Why it’s important to learn forex trading?

Forex trading for beginners has never been easier. The foreign exchange markets are easily accessible if you have internet connectivity and a decent laptop. However, it can be daunting and even starting with mini lots, there’s a risk of losing more money that gaining profits.

As mentioned, you can’t really learn forex trading; you have to experience it. You’ll gain more knowledge and experience from an online forex trading course with a demo account than you’ll get reading up on the subject on Google. You need trading experience and knowledge and over time will be able to spot forex indicators and develop a sound trading strategy.

Forex trading courses introduce you to the best trading tools, platforms and products and take you step-by-step through the trading process backed by insight from the best trading professionals in the world. Experience, experience and more experience is what you need to learn forex trading.

How to choose a forex trading course?

Education in forex trading is extremely important as even the most successful traders make momentous mistakes trading in foreign currency. It’s advisable to gain this forex education doing a quality trading course with a reputable course provider.

You can go the route of individual training with an experienced trader but the majority of people interested in forex trading opt for online trading courses. Even with limited forex trading knowledge, these courses are invaluable as they provide you with real-time experience.

When choosing a forex trading course, there are a few criteria to consider:

Go for reputation

Choose an online forex trading course backed by a reputable company. Stay away from online sources promising unrealistic returns and guaranteed profits. There are no guarantees in forex trading and a 100 ways to lose so make sure you put your money and time into an online course that is not a scam.

Check online review platforms for recommendations and do your homework to find out which courses are recommended. Your best gauge is talking to other traders who’ve graduated from the online forex trading courses themselves.

Check their certification

A decent online forex trading course will be certified through a regulatory body or financial institution. The most reputable stock market colleges adhere to a code of ethics laid down by these regulatory institutions and you have recourse if you’re not entirely satisfied with what they deliver.

How to trade forex as a beginner?

It’s fairly easy for beginners to start trading forex and it’s relatively cheap to get into the market. There are three types of accounts designed for retail investors: standard lot, mini lot and micro lot.

Forex in the past was only traded in specific amounts called lots which was the number of currency units you could buy or sell. The standard size for a lot has always been 100 000 units of currency. Today you get mini, micro and nano lot sizes that are 10 000, 1 000 and 100 units respectively.

Most beginner forex traders use mini lots which is one-tenth of the size of a standard lot. With mini lots, price movements are much smaller, there’s much less volatility on open positions and you don’t need much capital to trade with mini lots.

Mini traders can start with as a little as US$100 compared to US$1 000 or US$10 000 needed for standard lots. It’s a wise place to start until you’ve gained the knowledge and experience to trade in larger lots.

What is spread in forex?

Forex trading involves trading one foreign currency for another. Currencies are quoted in terms of their price relative to another currency and are always quoted in pairs; for example US Dollar against Euro. The first currency (USD) is the base currency and the second currency is the counter or quote currency.

A spread is simply the difference between the base currency and the counter currency. In other words, it’s the difference between what a trader can purchase or sell the currency asset. Therefore, spreads are based on the buy and sell price of a currency pair.

The bid price is what the traders are willing to buy the base currency for in exchange for the counter currency. The ask price is what the traders are willing to sell the base currency for in exchange for the counter currency. The spread is calculated as a percentage of the traded amount.

What are the best forex trading strategies?

When people talk about trading strategies, they’re talking about a specific trading method or discipline. Discipline is extremely important in forex trading because it requires a trader to stick to a well-thought out trading plan.

There is no magic solution to determining the best forex trading strategies because traders are individuals and what works for one person, could ruin someone else. What it comes down to is having a consistent trading style which works within a certain time frame.

You’ll choose the right trading style or strategy based on current market conditions and knowing what works best comes with time and experience.

Scalping

These are short-term trades, sometimes only lasting a few minutes. A scalper tries to beat the bid/ask spread and takes some profit off the top before closing.

Day trading

As the term suggests, this is where a trader exits the market before the end of the day. A trader might opt for this to manage the risk of large overnight shifts forex spread. This is usually where beginners start when they’re learning forex trading.

Swing trading

This is where a trader holds a position for several days. The aim is to profit from short-term gains on price patterns with the trader looking at the forex spreads every half hour or hour.

Positional trading

This is where a trader takes a long-term stand on a position with the aim being to maximise profits from major shifts in price patterns. Positional trading requires extensive experience and immense patience with some room to maneuver in trading successes.

How to spot forex indicators?

It’s not easy to trade on the foreign exchange market but those that do it successfully have the ability to spot forex indicators and make profitable returns. Forex indicators are used by traders to throw some light on the price data, interpret trends and develop trading strategies guided by recognisable buy and sell signals.

There are a number of factors that influence the value of foreign currency in pairs but the two most common are either ranging market with a strong level of support and resistance, or floor and ceiling environments that no matter what, the price cannot move higher or lower.

There are in-depth resources found in the online forex trading course offered by the Stock Market College that teach you everything you need to know about reading forex quotes, planning your forex trading strategy and becoming a successful trader.

How to spot forex signals?

A forex signal is a tip or a recommendation given by a either a human analyst or a trading robot or software programme. It usually contains key information to review when considering trading currency pairs with a focus on the predicted bid/ask price and timeline.

There are two types of forex signals you’ll pick up in the market place; manual or automated signals. You might have access to a research analyst or you’ll get online alerts on email, Twitter or SMS.

In the case of manual signals, this would be a research analyst who’s watching the foreign exchange markets and looking for movement. It requires in-depth knowledge and skill to weed out the predictable from the unpredictable and these traders usually have a loyal following.

Automated signals on the other hand are robotic in nature and generated from computer software that seeks out certain market dynamics and issues alerts. It removes the emotion from the analysis and looks for concrete market buy/sell signals. It can be quite accurate but it shouldn’t replace the human skill and experience needed to make the final decision.

When you sign up and complete an online forex trading course, you’ll have access to manual and automated platforms you can trust. With time and experience, you’ll develop your own trading strategies integrating a combination of the two.

TRADE WITH FOREX

A state-of-the-art learning system which teaches you how to trade with Forex – in the best way that is profitable.

forex trading course south africa

WHAT OUR STUDENTS HAVE TO SAY

“I am so proud to be one of the college students. I only find myself how much favour I did for myself. A product worth buying. I can already see the light far away but getting closer every minute”
PLATFORM TRAINING

M J Maluleka

“Very useful course, I would recommend it to anyone who wants to pursue a career in trading. You will feel and see what you are paying for”
TECHNICAL ANALYSIS

Thatho Mthembu

“Excellent work done by the facilitator. He really knows his work. Keep it up Ashley.”
FOREX FOR BEGINNERS

Gabriel Setlhako

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