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ForexGen offers several services for all traders aiming for better trading conditions. If you are an experienced FOREX Trader or just a beginner looking for the opportunities offered in the FOREX market, ForexGen offers Forex Academy to give you the chance to get a ‘FOREX’ education and improve your trading skills. This academy is introduced in a plain and simple way.

How to start?

People begin to know about the exciting world of foreign exchange through many ways: friends, current events, newspapers, television, and many others. For novice, the following guidelines cover the basics of currency trading.
  • Step 1: "Practice makes perfect"
In order to get familiar with every new there should be practice.
The Demo Account was designed to help traders gain familiarity with the speed and movements of the market. When you are demo trading, you should learn how to:
  1. Place market orders to enter a trade
  2. Place stop-loss orders to protect your positions, and limit orders to take profits 
  3. Place OCO orders and If Done Orders to execute more advanced strategies.
  • Step 2: "Study, Study, Study".

Forex traders use market analysis such as Fundamental Analysis , Technical Analysis , and quantitative analysis and sometimes a combination of all three to build their trading decisions.

  • Fundamental Analysis involves the use of economic, financial and political news to determine trading decisions.
  • Technical Analysis involves the study of Charts to predict future price movements based on past price patterns and trends.
  • Quantitative Analysis consists of the use of preset statistical models and properties in quantifying price formations such as averages ret cements as well as identifying oversold and undersold situations.
  • Step 3: Manage your money wisely.
It is an important step to be aware of the amount of money in your account before placing a trade. If you think a long-term trend is developing, then you should consider whether you have enough funds to maintain your margin and withstand any movements against your position(s) that may occur. Anyone who is interested to open a trading account with us should ask himself the following questions before entering each trade:
  1. How much am I willing to risk?
  2. What is my upside and downside potential?
  3. What are the market conditions? (Is the market volatile or calm?)
  4. What is the logic behind entering this trade?
  5. When can I conclude if the assumptions/logic behind the trade are/is correct or wrong?
Don't forget to consider both your entry and exit points before entering an order. One of the most common mistakes made by traders, especially new traders, is letting emotions get in the way of their strategy.
  • Step 4: Open a Live Account.

If you are ready to enter this market, fill out our application forms and submit them today. Since the emotional factor may be higher than it was when you were practicing demo (as you are now committing real money), it is substantial that you develop an effective strategy while demo-trading and plan to abide by it when trading your Live Account .

ForexGen hopes all success for all clients and it offers a promise of credibility and the best way to achieve the highest incredible profits.

       Course Preface

       Level 1 - Forex IntroDuction

       Level 2 - Forex Basics

       Level 3 - Forex Essentials

       Level 4 - AdvanceD Course

       Level 5 - Professional Trading

       Level 6 - Indicators And Strategies
 
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