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Course · Beginner
Forex Basics: Pairs, Pips and Leverage
How currency pairs are quoted, how pips and lot sizes work and why leverage magnifies losses as well as gains.
ForexBeginnerCourseComing soon
What you will learn
- Read a currency pair quote
- Calculate pip value and position size
- Understand leverage and margin calls
- Know the main trading sessions and when liquidity changes
Who it is for
Beginners curious about the currency market who want the mechanics and the risks.
Course outline
- Module 1: Pairs and quotes
- Base and quote currency
- Majors, minors and exotics
- Module 2: Pips and lots
- Pip value
- Standard, mini and micro lots
- Module 3: Leverage and margin
- How leverage magnifies results
- Margin calls
- Module 4: Sessions and drivers
- Tokyo, London and New York
- Interest rates and central banks
Educational content only. Nothing in this course is investment advice, and trading involves a risk of loss.
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