About The Event
The forex market provides plenty of opportunity for investors. However, in order to be successful, a currency trader has to understand the basics behind currency movements. The goal of this forex workshop is to provide a foundation for university students who are new to the foreign currency markets. We'll cover the basics of exchange rates, the market's history and the key concepts you need to understand in order to be able to participate in this market.
In our first course, you will be introduced to the world of Forex trading. You will learn what Forex trading is all about, why someone chooses to trade Forex, and what actually happens when you make a Forex trade.
We will take you from a simple explanation of how Forex works to the selection of the various currency pairs that make up Forex trades. We will discuss how currencies are listed on the Forex markets. What is the base currency and what is the quote currency? How do the global Forex markets interact?
We will also review the many reasons why someone might trade Forex rather than a different investment vehicle, and detail both the advantages and disadvantages of this type of trade.
This course will provide the background needed to understand our more advanced courses in Forex trading.