A covered call strategy involves buying 100 shares of the underlying asset and selling a call option against those shares. When the trader sells the call, he or she collects the option's premium, thus lowering the cost basis on the shares and providing some downside protection. In return, by selling the option, the trader is agreeing to sell shares of the underlying at the option's strike price, thereby capping the trader's upside potential. 
Almost every retail forex brokerage offers the MT4 platform. If you are going into warfare, common sense reasoning dictates that you practice with the same weapon which you will have to use on the warfront, as no one goes into battle with an unproven rifle (or unproven skills for that matter). So if you are going to start off trading any real money, you simply have to start your learning journey with the MT4 platform.
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What do buying and selling currencies look like? First of all, there is always someone buying a pair of currencies and someone selling a pair. The process of making a profit by buying and selling goes like this: You buy US $3000 by selling 2000 euros. This means that you are predicting the value of the US dollar will increase against the euro. If you were right, then, another step needs to be taken to make a profit. You need to sell your US $3000 into euros. Now you will obtain more than 2000 euros. The process as you can see is quite simple.
Imagine a trader who expects interest rates to rise in the U.S. compared to Australia while the exchange rate between the two currencies (AUD/USD) is 0.71 (it takes $0.71 USD to buy $1.00 AUD). The trader believes higher interest rates in the U.S. will increase demand for USD, and therefore the AUD/USD exchange rate will fall because it will require fewer, stronger USD to buy an AUD.
The blender company could have reduced this risk by shorting the euro and buying the USD when they were at parity. That way, if the dollar rose in value, the profits from the trade would offset the reduced profit from the sale of blenders. If the USD fell in value, the more favorable exchange rate will increase the profit from the sale of blenders, which offsets the losses in the trade.
The MT5 is the next level platform in the MetaTrader platform series. While it retains many features of the MT4, there are some enhancements and outright changes that have been included. There is still a lot of confusion as to what Metaquotes really wants to do with the MT4 and MT5. Initially launched as a replacement for the MT4, the MT5 has found it hard to achieve the kind of market penetration that the MT4 got. So Metaquotes seems just content with allowing retail brokers run along with both platforms. Some forex brokers have tried to push the usage of the MT5 by only allowing certain trading assets on the MT5. So it is not surprising that you will see some brokers offering only stock CFDs or cryptocurrencies on the MT5 platforms they offer.
When it comes to trading foreign currency, you use a forex broker, also known as a currency trading broker, to place your trades. When you trade forex, you buy or sell in currency pairs, e.g. "EUR / USD" (Euro / U.S. Dollar). You open an account, deposit funds, then use the broker's trading platform to buy and sell currency using margin. The forex markets are open 24 hours a day, five days a week.

Prediction of various market indicators is an important issue in finance. This can be accomplished through computer models and related applications. It turned out that artificial models have both great advantages and some limitations for learning the data patterns and predicting future values of the financial phenomenon under analysis. In this paper we analyze the particular financial market ... [Show full abstract]View full-text
Before we start elaborating on the importance of the leverage, we need to discuss the risk and reward ratio. It presents the result of a comparison between the risk involved in the trade and the profit that you are making from it. For instance, you can use the stop loss at 20 pips and then you place your in-profit at 40 pips. That means that your risk/reward ratio will look like this- 20:40. According to this example, you can earn 40 pips while risking 20 pips.
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Lawrence G. McMillan's book on options trading is a bestseller and it's widely regarded as one of the most comprehensive options guides on the market. It covers the fundamentals of options, how they work, and why you might consider investing in them, before diving into specific options trading strategies and emerging market trends that could affect those strategies.
When to use it: A short put is a good strategy when you expect the stock to rise above the strike price by expiration. The stock needs to be only at or above the strike price for the option to expire worthless, letting you keep the whole premium received. Your broker will want to make sure you have enough equity in your account to buy the stock, if it’s put to you. Many traders will hold enough cash in their account to purchase the stock, if the put finishes in the money.

If all of that is Greek to you, then "Trading Options Greeks" is one book you'll want to add to your reading list. Author Dan Passarelli walks you through each of these techniques, explaining them in a way that's easy to understand. While it leans more heavily toward the technical side, this book may be appreciated by experienced options traders who are ready to elevate their portfolios.

Unless stated otherwise, the web content provided by E*TRADE is for educational purposes only. The information and tools provided neither are, nor should be construed as, an offer, or a solicitation of an offer, or a recommendation, to buy or sell securities or other instruments by E*TRADE. Unless stated otherwise, no information presented constitutes a recommendation by E*TRADE to buy, sell, or hold any security, financial product, or instrument discussed therein, or to open a particular account or to engage in any specific investment strategy. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, or a recommendation, to buy, sell, or hold any security, financial product or instrument or to open a particular account or engage in any specific investment strategy.
By purchasing the course you gain lifetime access to the content which includes the initial 14-day course, a community section, market analysis, live trading signals, and a further nine modules to enhance your knowledge even more.  The payment options are via a one-off fee or 12 monthly payments. You can see a bunch of reviews on the website and a complete run-down of the content covered.
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When you want to trade forex with real money, you need to deposit funds into an account with a broker to use as margin. This amount can then typically be leveraged by a ratio that depends on where you and the broker are both located. This is due to regional regulations. Brokers typically offer several different account funding methods, so choose the one that’s most convenient for you. Keep in mind that if you ever withdraw funds from your trading margin account, you’ll generally need to do so via the same method. 


Last Updated 1st February 2018: If you’ve ever wanted to get started in any kind of investing, whether this be stock trading, binary or foreign exchange, you know that knowing the basics goes a long way! We already have a post on forex trading basics, but we decided to write a detailed ebook outlining exactly how you can get started trading forex in as little as 30 days. This PDF (ebook) is very beginner friendly as with everything on the Elite Forex Trading site. If you have any questions feel free to contact us. You can download the ebook here.
One of such books is “Make Forex trading simple” which is designed especially for those who have no understanding what the market is about and how to use it for speculations. Here they can find out who are the market participants, when and where everything takes place, check out the main trading instruments and see some trading example for visual memory. Additionally, it includes a section about technical and fundamental analysis, which is an essential trading part and is definitely needed for a good trading strategy.

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Options are contracts giving the owner the right to buy or sell an asset at a fixed price (called the “strike price”) for a specific period of time. That period of time could be as short as a day or as long as a couple of years, depending on the option. The seller of the option contract has the obligation to take the opposite side of the trade if and when the owner exercises the right to buy or sell the asset. For more information, check out the Ally Invest Options Playbook here: https://www.optionsplaybook.com/
What do buying and selling currencies look like? First of all, there is always someone buying a pair of currencies and someone selling a pair. The process of making a profit by buying and selling goes like this: You buy US $3000 by selling 2000 euros. This means that you are predicting the value of the US dollar will increase against the euro. If you were right, then, another step needs to be taken to make a profit. You need to sell your US $3000 into euros. Now you will obtain more than 2000 euros. The process as you can see is quite simple.
Good read and very useful the only part that lets this book down are the images! It is stated you can view the on her website but once you get there you need a password, what the password is your guess is as good as mine! Also several times in the book Anna will be talking about a set image but that image is a page back which is annoying when you're trying to read and scan the image.
Options trading can be very complex. It may utilize multiple conditions and market prices change almost constantly during the trading day, or 24 hours per day in some markets. This makes options trading very risky compared to long-term investments in mutual funds, ETFs, or even many stocks. We recommend only getting involved with options trading if you understand what you’re doing and can tolerate the risks involved.

IG is a comprehensive forex broker that offers full access to the currency market and support for over 80 currency pairs. The broker only offers forex trading to its U.S.-based customers, the brokerage does it spectacularly well. Novice traders will love IG’s intuitive mobile and desktop platforms, while advanced traders will revel in the platform’s selection of indicators and charting tools. Though IG could work on its customer service and fees, the broker is an asset to new forex traders and those who prefer a more streamlined interface.  

While reading the eBooks, you should favor to read large text. Generally, you'll see the text of the eBook will be in medium size. It is suggested to read the eBook with large text. So, boost the size of the text of the eBook while reading it on the monitor. Despite the fact that this can mean that you will have less text on each page and greater amount of page turning, you will manage to read your wanted eBook with great convenience and have a good reading experience with better eBook screen. It's suggested that never use eBook reader in full screen mode. It is suggested not to go for reading the eBook in full screen mode. While it may appear easy to read with full screen without turning the page of the eBook fairly frequently, it place lot of strain on your eyes while reading in this mode. Constantly prefer to read the eBook in exactly the same span that will be similar to the printed book. This really is so, because your eyes are used to the length of the printed book and it would be comfortable for you to read in the same manner. Test out various shapes or sizes until you find one with which you will be comfortable to read eBook.


Options trading can be very complex. It may utilize multiple conditions and market prices change almost constantly during the trading day, or 24 hours per day in some markets. This makes options trading very risky compared to long-term investments in mutual funds, ETFs, or even many stocks. We recommend only getting involved with options trading if you understand what you’re doing and can tolerate the risks involved.

Futures are financial contracts that require a buyer to purchase an asset, or a seller to sell an asset, on a predetermined date and price. To better understand these contracts, "Fundamentals of Futures and Options Markets" provides a great introduction. John Hull, a professor of Derivatives and Risk Management, uses real-life examples to help you comprehend futures and options markets.


I learned a lot of the basics on Babypips which was a great foundation for understanding the markets, but they didn’t really give me anything applicable to go and learn from. I found this masterclass through Google and after a lengthy live chat and e-mail conversations, I finally got a copy of the Masterclass. They actually directed me to parts of the course that would be most relevant to me immediately to apply and top up my knowledge from Babypips which made it easy for me. Some info. is for complete beginners (if you have no idea about the Forex markets then they hold your hand), but the more actionable knowledge in there is fantastic.
Pretty much everything you need to know before you decide to make your first trade. 90% of forex traders rush into making trades and as a result lose a lot of money (a lot!) Instead we recommend understanding everything from the ground up, what can go wrong, what the market usually does and how violent the movements can be between 2 currency pairs. This is a must read before making your first forex trade.
A year or so later I ran across an article about Richard Dennis and the 'Turtle Traders'. I realized: a) people do make money doing these things, b) anyone can learn the methods, c) and there are experts out there who are willing to share their knowledge. I started looking for a good book again and almost immediately found Anna's books. Forex for Beginners was so cheap and the free sample indicated it would be an easy read. Halfway through, and also after reading comments about it on several forums, I was sold on VPA. I decided to re-open my FXCM practice account and try some of her recommendations, then read the next book (A Complete Guide to Volume Price Analysis) while waiting for my account to fund. She recommends not using a practice account for anything more than learning the interface, for several reasons: real money is more meaningful and lessons stick better, the practice account feed is usually not a real live feed even if they say it is, and the practice feed won't show you the sudden spikes in the spread caused by your broker sometimes taking advantage of a fast moving market. Forex for Beginners was very helpful in explaining how the different types of forex brokers' operations can work against your interests if you have the wrong type of broker, and how to find the right type so you're not betting against the house.
Our previous education campaign, Zero to Hero, was so popular that we decided to make a brand new one! Forex 101 is a Forex trading course designed to help even absolute beginners learn how to trade. The training course is absolutely free and 100% online. Each lesson will feature a video, written notes and a follow-up quiz. The course will be split over 3 steps - `Beginner`, `Intermediate` and `Advanced`. The world of Forex trading awaits... Are you ready for class?
A whole lot of traders only use micro and mini lots. The thing is, large accounts are using Standard lots as these can bring the most profit. If we use the dollar example from above, it would mean that 1 pip equals $10. If there is a 20 pip movement you would have an equivalent of $200. This shows great potential for both profits, and, unfortunately, losses. Like we already mentioned, Standard lots are only for larger accounts, and you would need to have a larger capital to be able to invest in these.
Pips – Pips are the smallest increment that currency pairs can change in value. A pip refers to the fourth decimal place of an exchange rate, but bear in mind that some pairs that include the Japanese yen have their pips on the second decimal place. For example, if the EURUSD pair rises from 1.2050 to 1.2057, this would equal an increase of 7 pips. On the other hand, if USDJPY rises from 110.35 to 110.42, this would also equal an increase of 7 pips.
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One of such books is “Make Forex trading simple” which is designed especially for those who have no understanding what the market is about and how to use it for speculations. Here they can find out who are the market participants, when and where everything takes place, check out the main trading instruments and see some trading example for visual memory. Additionally, it includes a section about technical and fundamental analysis, which is an essential trading part and is definitely needed for a good trading strategy.
Do you want a course drip fed to you over a few weeks or would you prefer to access the entire collection of training material at once?  As mentioned above, you need to consider what stage you are at in your education and whether a paid course would be suitable or not.  You also need to assess whether the content of a particular course will actually cover the topics you need to learn. This applies to both free courses and paid topics.  There’s no point spending a week learning the exact same material as a previous course.
Learn to Trade is an Australian based trader education site with a lot of free resources leading you through to their paid mentorship programs. You can begin with a free info pack to learn some basics about forex trading and then register for one of their free live FX workshops which take place around Australia at various dates throughout the year.
Sometimes different forex platforms use a number of different buzz words, all of which might mean the same thing, but tend to confuse the average beginner. There are also literally thousands of acronyms in the forex trading scene, this section is designed to get you up to date with the most important ones, any that you don’t know simply Google and you should get a good enough definition from Investopedia. This section also talks about margins, spreads and other variables between different options.
Options are contracts giving the owner the right to buy or sell an asset at a fixed price (called the “strike price”) for a specific period of time. That period of time could be as short as a day or as long as a couple of years, depending on the option. The seller of the option contract has the obligation to take the opposite side of the trade if and when the owner exercises the right to buy or sell the asset. For more information, check out the Ally Invest Options Playbook here: https://www.optionsplaybook.com/

Almost every retail forex brokerage offers the MT4 platform. If you are going into warfare, common sense reasoning dictates that you practice with the same weapon which you will have to use on the warfront, as no one goes into battle with an unproven rifle (or unproven skills for that matter). So if you are going to start off trading any real money, you simply have to start your learning journey with the MT4 platform.
Important Note: Options transactions are intended for sophisticated investors and are complex, carry a high degree of risk, and are not suitable for all investors. For more information, please read the Characteristics and Risks of Standardized Options prior to applying for an account. An options investor may lose the entire amount of their investment in a relatively short period of time.
Risk Warning: Trading CFDs is a high risk activity and you may lose more than your initial deposit. You should never invest money that you cannot afford to lose. FXDailyReport.com will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets.
What is traded in Forex market? The answer is simple: currencies of various countries. All participants of the market buy one currency and pay another one for it. Each Forex trade is performed by different financial instruments, like currencies, metals, etc. Foreign Exchange market is boundless, with the daily turnover reaching trillions of dollars; transactions are made via Internet within seconds.
A good forex broker should have a direct channel customer support system. In today’s financial trading world, having an instant response email, Call Me Back and Live Chat feature are very basic requirements. It is simply unthinkable that a broker who makes so much money from commissions and spread charges cannot afford to put in place such instant communication systems. So the best forex trading brokers for beginners are those who provide a means of instant and fast communication.
Most retail investors should spend time investigating a forex dealer to find out whether it is regulated in the U.S. or the U.K. (dealers in the U.S. and U.K. have more oversight) or in a country with lax rules and oversight. It is also a good idea to find out what kind of account protections are available in case of a market crisis, or if a dealer becomes insolvent.
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