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Forex Foundations

Understand how the forex market works, read a quote, place your first trade on MT5 and protect your account from day one.

12 lessons 1h 11m Certificate
CTaught by Camiforex Academy
Trading education team, Bamenda

What you will learn

  • How the forex market works and who moves prices
  • Read a currency quote: pairs, pips, lots and spread
  • When to trade: the Asian, London and New York sessions
  • Open an Exness account and place an order on MT5
  • Use stop loss and take profit on every trade
  • Size every position so one loss never hurts your account

Course content

3 modules · 12 lessons · 1h 11m
Welcome to the forex marketWhat you are trading and why prices move4 lessons
  • How the forex market works Preview Reading · 6 min
  • Currency pairs, pips and lots Reading · 8 min
  • When to trade: the market sessions Reading · 6 min
  • Quiz: market basics Quiz · 4 min
Your trading platformFrom opening an account to your first order4 lessons
  • Opening your Exness account the right way Reading · 5 min
  • MT5 tour: placing your first order Reading · 8 min
  • Stop loss and take profit Reading · 6 min
  • Quiz: using MT5 safely Quiz · 4 min
Risk managementThe part that keeps you in the game4 lessons
  • The 1% rule and position sizing Reading · 8 min
  • Risk : reward and win rate Reading · 6 min
  • Keep a trading journal Reading · 5 min
  • Final quiz: risk management Quiz · 5 min

About this course

Most new traders lose money because nobody showed them the basics. This free course gives you the foundation in short lessons you can finish on your phone in a weekend.

Each module ends with a short quiz. Pass them all and you get a Camiforex Academy certificate you can share.

Before you start

  • A phone or computer with internet
  • No trading experience needed
  • A free demo account is enough to practise

Your instructor

CCamiforex Academy
Trading education team, Bamenda

The Camiforex Academy team has trained hundreds of Cameroonian traders in classrooms in Bamenda and online. This course is the same foundation we teach every new student before they risk real money.

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