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FX Power Course
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Classic 30 day      Intensive 8 day      How it works?      Order Now

Any successful trader will tell you that you pay a lot of “tuition” along the way to becoming consistently profitable. They are referring to the losses and missed profit opportunities that are part of the learning process when learning to trade on your own. FXCM has designed a several courses to save you this “tuition” by teaching you to avoid common mistakes so as to not waste time and money while teaching yourself to trade. Successful traders spend years learning the concepts and methods that the courses teach and many of these concepts and methods are things that most traders never learn. There are two courses currently being offered by the FX Power Course Staff, they are:

The Classic FX Power Course (30 day)

Consists of 22 lessons introduced over a 30-day period. This course will help you learn how to take advantage of trading opportunities in the forex market. Below is an outline documenting the material that the 22 lessons will cover, and what students can expect to learn in each segment.

Introduction to the Forex Market – Lessons 1-2
This first segment will be a summary of the market, how to physically trade, and the major market participants.

Technical Analysis – Lessons 3-11
This segment is the bulk of the course. Technical analysis of charts is extremely useful for both long term and short term trades. We will review these important indicators and demonstrate how to combine them on the same chart in order to make effective trades. During this segment it will be especially important to practice actively with a demo account in order to familiarize yourself with the different indicators and to learn the market conditions where they are most useful.

Fundamental Analysis – Lessons 12-15
This segment discusses the relevance of economic data for both long term and short term trading strategies.

Money Management and Review – Lessons 16-22
This final segment will review the importance of proper money management. A lot of bad luck and even poor analysis can be overcome if you are following the rules of money management and trading psychology outlined in these lessons. We will also review the trades you have made in the course, both good and bad, and point out where different choices could have been made. Finally, if you have any questions, you will be free to ask the instructors, 24 hours a day.

For more information, visit http://www.fxcm.com/power-course.jsp

Go to: The Intensive FX Power Course (8 day)