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  • GETTING STARTED IN TRADING
CoursesNOVICEGETTING STARTED IN TRADING
  • GETTING STARTED... 6

    • Lecture1.1
      REALISTIC EXPECTATIONS 04 min
    • Lecture1.2
      DIFFERENCES BETWEEN TRADING AND INVESTING 03 min
    • Quiz1.1
      THE WELCOME QUIZ 3 questions
    • Lecture1.3
      TRADING BASICS 03 min
    • Lecture1.4
      TRADING BASICS II 03 min
    • Lecture1.5
      GET TRADING IN 6 STEPS 04 min
    • Quiz1.2
      TRADING BASICS QUIZ 10 questions
  • STEP 1 - CHOOSE AN INSTRUMENT THAT SUITS YOU. 13

    • Lecture2.1
      SHARES: AN INTRODUCTION 04 min
    • Lecture2.2
      SHARES: A LOOK AT DIVIDENDS 03 min
    • Lecture2.3
      SHARES: WHAT MAKES A SHARE PRICE MOVE? 03 min
    • Quiz2.1
      THE SHARES QUIZ 10 questions
    • Lecture2.4
      FOREX: AN INTRODUCTION 04 min
    • Lecture2.5
      FOREX: PIPS AND CONTRACT SIZES 04 min
    • Lecture2.6
      FOREX: MARGIN, LEVERAGE AND SPREAD 05 min
    • Quiz2.2
      THE FOREX QUIZ 10 questions
    • Lecture2.7
      COMMODITIES: AN INTRODUCTION 04 min
    • Lecture2.8
      COMMODITIES: WHY FUTURES CONTRACTS? 03 min
    • Lecture2.9
      COMMODITIES: WHAT DRIVES PRICES? 05 min
    • Quiz2.3
      THE COMMODITIES QUIZ 5 questions
    • Lecture2.10
      INDICES: AN INTRODUCTION 03 min
    • Lecture2.11
      INDICES: HOW AN INDEX IS PUT TOGETHER 06 min
    • Lecture2.12
      INDICES: TRADING AN INDEX 06 min
    • Quiz2.4
      THE INDEX QUIZ 5 questions
  • STEP 2 - RISK MANAGEMENT 9

    • Lecture3.1
      WHY IS MANAGING RISK IMPORTANT? 03 min
    • Lecture3.2
      HOW MUCH TO ALLOCATE TO TRADING 04 min
    • Lecture3.3
      HOW MUCH TO RISK PER TRADE 03 min
    • Quiz3.1
      THE UNDERSTANDING RISK QUIZ 8 questions
    • Lecture3.4
      THE MATHS THAT KILLS TRADING ACCOUNTS 03 min
    • Lecture3.5
      CONTROL YOUR RISK WITH STOPS 05 min
    • Lecture3.6
      CALCULATING POSITION SIZE 05 min
    • Quiz3.2
      THE CONTROLLING RISK QUIZ 10 questions
    • Lecture3.7
      “SLIPPAGE” WHAT IS IT? 03 min
    • Lecture3.8
      THE RISK/REWARD RATIO 03 min
    • Lecture3.9
      MANAGING YOUR TRADING PERFORMANCE 05 min
    • Quiz3.3
      THE MANAGING RISK QUIZ 10 questions
  • STEP 3 - CHOOSING A BROKER 3

    • Lecture4.1
      THINGS TO THINK ABOUT 05 min
    • Lecture4.2
      WHAT TO LOOK FOR IN A BROKER 08 min
    • Quiz4.1
      THE PICK A BROKER QUIZ 3 questions
  • STEP 4 - INTRODUCTION TO TECHNICAL ANALYSIS 16

    • Lecture5.1
      WHAT IS TECHNICAL ANALYSIS? 03 min
    • Lecture5.2
      INTRODUCTION TO CHARTS 03 min
    • Lecture5.3
      DIFFERENT CHART STYLES 04 min
    • Quiz5.1
      HELLO TECHNICAL ANALYSIS QUIZ 10 questions
    • Lecture5.4
      THE 3 PILLARS OF TECHNICAL ANALYSIS 05 min
    • Lecture5.5
      WHY THE TREND IS YOUR FRIEND 03 min
    • Lecture5.6
      HOW TO DETERMINE TREND 04 min
    • Quiz5.2
      THE FRIENDLY TREND QUIZ 13 questions
    • Lecture5.7
      DRAWING AND USING LINES 05 min
    • Lecture5.8
      WHAT IS SUPPORT AND RESISTANCE? 06 min
    • Lecture5.9
      CONSOLIDATIONS TELL US THINGS 02 min
    • Lecture5.10
      CONTINUATION CHART PATTERNS 03 min
    • Lecture5.11
      REVERSAL CHART PATTERNS 05 min
    • Quiz5.3
      THE PRICE PATTERN QUIZ 16 questions
    • Lecture5.12
      INTRODUCTION TO INDICATORS 03 min
    • Lecture5.13
      DETERMINE TREND: MOVING AVERAGES 07 min
    • Lecture5.14
      DETERMINE MOMENTUM: RELATIVE STRENGTH INDEX (RSI) 07 min
    • Lecture5.15
      DETERMINE VOLATILITY: AVERAGE TRUE RANGE (ATR) 05 min
    • Lecture5.16
      USE VOLUME FOR CONFIRMATION 04 min
    • Quiz5.4
      THE INDICATOR QUIZ 15 questions
  • STEP 5 - ECONOMIC CALENDARS 5

    • Lecture6.1
      WHAT IS AN ECONOMIC CALENDAR? 05 min
    • Lecture6.2
      KEY ECONOMIC AREAS TO FOCUS ON 06 min
    • Lecture6.3
      HOW TO INTERPRET ECONOMIC DATA 05 min
    • Lecture6.4
      ECONOMIC DATA RELEASE EXAMPLE 02 min
    • Quiz6.1
      THE ECONOMIC CALENDAR QUIZ 6 questions
  • STEP 6 - BUILDING A TRADING PLAN 1

    • Lecture7.1
      PUT A TRADING PLAN TOGETHER 09 min
    • Quiz7.1
      THE TRADING PLAN QUIZ 5 questions

    FOREX: AN INTRODUCTION

    KEY POINTS

    • Also called forex or FX.
    • FX is the trading of one currency over another currency.
    • Currency pair consists of base currency and quote currency.
    • No central exchange, currencies traded in inter-bank market.
    Prev THE SHARES QUIZ
    Next FOREX: PIPS AND CONTRACT SIZES

      63 Comments

    1. Morton
      December 20, 2017

      This is interesting, I need the course please. Iam in Kenya and i am ready to take the course . get me full details.

      • Admin bar avatar
        TRADERS TEXTBOOK
        December 21, 2017

        Hi Morton. We are glad you are enjoying the site. I will contact you via email with more information.

    2. Herbert Nkusangombe
      December 24, 2017

      take me through the courses I have never done trading before and am new thank you
      herbertnkusangombe34@gmail.com

      • Admin bar avatar
        TRADERS TEXTBOOK
        December 31, 2017

        Hi Herbert,

        Please email me your telephone number and one of our consultants will give you a call and talk you through what the different courses are.
        You can email us you number to info@traderstextbook.co.za

        • VALENCIA
          July 9, 2018

          Im intrested never done trading email me on molefepennythabs@gmail.com

          • Admin bar avatar
            TRADERS TEXTBOOK
            July 30, 2018

            Hi Valencia, sorry for the late reply. Your comment got caught in our spam filter for some reason. I have sent you some information via email and please let us know if you would like a call.

    3. expensive
      December 30, 2017

      Gгeat information. Lucky me I ran across your site by chance
      (stumbleupоn). I’ve savеd it for latï½…r!

      • Admin bar avatar
        TRADERS TEXTBOOK
        December 31, 2017

        Thank you Ryan. Should you have any questions please feel free to phone or email us.

    4. Sheta94
      January 10, 2018

      Hi I’m interested in your course can you please get back to me via e-mail onkarabilesheta1994@gmail.com or phone 0727265920

      • Admin bar avatar
        TRADERS TEXTBOOK
        January 17, 2018

        Hi Sheta,
        We sent you some information a few days back. Please let us know if you have any questions.
        We are looking to do I first live workshop on the 10 Feb 2018.

    5. Isaac mapalo
      January 16, 2018

      I’m Isaac this is great , I love it please I want to take this course send me the full details

      • Admin bar avatar
        TRADERS TEXTBOOK
        January 17, 2018

        Hi Isaac,

        We have sent you some information via your email address.
        Let us know if you have any questions.

      • Isaac mapalo
        January 17, 2018

        Phone number here add the via WhatsApp ?
        +260974500059

    6. Tumelo mahlangu
      March 9, 2018

      Hello im tumelo and i am new and interested on this course please send me more info about it via email 2melosthodo@gmail.com or phone 0818681539

      • Admin bar avatar
        TRADERS TEXTBOOK
        March 14, 2018

        Hi Tumelo, thank you for the message. As discussed over the phone I have sent you an email with some information regarding what we do exactly. Look forward to hearing from you.

    7. Leonard
      April 25, 2018

      Hi it Leonard here m interested in your courses I lyk to know about trading m very knew here can you try to explain or give me more infor on my email plz

      • Admin bar avatar
        TRADERS TEXTBOOK
        April 28, 2018

        Hi Leonard we have sent you an email with some information regarding what we do and how we operate.

      • mzikayise
        September 14, 2018

        Comment *can you try to explain trading and how to trade

        • Admin bar avatar
          TRADERS TEXTBOOK
          September 15, 2018

          Hi mzikayise,
          Trading is a skill that needs to be developed. We offer a number of courses to help people get going in trading. I have sent you an email which explains what we do.
          If you have any questions please feel free to call us.
          (+27) 087 150 0781

    8. frans
      May 11, 2018

      how do I sign up for the course

    9. Phindy
      May 18, 2018

      Hi! Im interested . Kindly provide more info my mail…phindymyeni28@gmail.com i’m in Durban.

    10. Phindy
      May 18, 2018

      More info please phindymyeni28@gmail.com

    11. Abahle
      June 5, 2018

      Please contact me on 071 6248890 and from sigcuabahle2@gmail.com for more information as I’m interested in trading markets.

      • Admin bar avatar
        TRADERS TEXTBOOK
        July 4, 2018

        Hi Abahle, we have sent you an email. When is a good day and time to call you?

    12. Bongani
      July 27, 2018

      Iam also intrested in your training. And l would like to start anytime. How much does the whole course cost.and where is your training center.

      • Admin bar avatar
        TRADERS TEXTBOOK
        July 30, 2018

        Hi Bongani, I have sent some information to your email address, but please let us know if you would like a call. Many of our courses are for free and we tend t o do seminars all over the country but predominantly in Johannesburg and Cape Town. Have a look at the email we sent you and feel free to reply with your questions.

    13. Edwin
      July 28, 2018

      Would Also Love To Know More As A Beginner, Please Feed Me Too

      • Admin bar avatar
        TRADERS TEXTBOOK
        July 30, 2018

        Hi Edwin, we have sent you an email with some information. We are also more than happy to give you a call to discuss how we can help you going forward.

    14. Ratanang
      July 30, 2018

      Would Also Love To Know More As A Beginner, Please provide me with all relevant info….. Chiloaneratanang@gmail.com

      • Admin bar avatar
        TRADERS TEXTBOOK
        August 28, 2018

        Hi Ratanang, please accept our apologies for such a late response. Our site marked your comment as spam for reason and we missed it. So sorry.
        We have sent you an email with further information, please feel free to phone us or email us any questions you might have.

    15. Gudani
      August 3, 2018

      I’m so Interested In your course n I would love to know more

      • Admin bar avatar
        TRADERS TEXTBOOK
        August 30, 2018

        Hi Gudani, so sorry for the late reply. Your comment got caught in our spam filter for some reason. I have emailed some information regarding our website and we would love to chat with you further about how you can get started in trading.

    16. Matebello Claurina Kheola
      August 3, 2018

      Comment *
      I have not done trading, but I am willing to trade, please send me the course

      • Admin bar avatar
        TRADERS TEXTBOOK
        August 28, 2018

        Hi Maebello, please accept our apologies for such a late response. The site marked your comment as spam for reason and we missed it. So sorry.
        We have sent you an email with further information, please feel free to phone us or email us any questions you might have.

    17. Freedom
      August 4, 2018

      Hi i never done trading before and i will like to do the course

      • Admin bar avatar
        TRADERS TEXTBOOK
        August 28, 2018

        Hi Freedom , please accept our apologies for such a late response. The site marked your comment as spam for reason and we missed it. So sorry.
        We have sent you an email with further information, please feel free to phone us or email us any questions you might have.

    18. Jaco
      August 6, 2018

      Hi. Kindly send me some info on the training.
      Thanks

      • Admin bar avatar
        TRADERS TEXTBOOK
        August 28, 2018

        Hi Jaco, please accept our apologies for only seeing your comment now. Our system blocked it as spam for some reason. I have however emailed you some information regarding what we do. Please let us know if you would like a call or feel free to email us any questions you might have. – hello@traderstextbook.co.za

    19. Khethiwe
      August 12, 2018

      Plz send info on my email

      • Admin bar avatar
        TRADERS TEXTBOOK
        August 28, 2018

        Hi Khethiwe, we have just emailed you some information but feel free to give us a call or send us an email with your questions to hello@traderstextbook.co.za

    20. Bashiemzar
      August 16, 2018

      I’m interested I olso what to know to more as a beginner my 0833300231,mkhwanaziboy5 @gmail.com

      • Admin bar avatar
        TRADERS TEXTBOOK
        August 28, 2018

        Hi Bashiemzar, we have sent you an email with some information regarding what we do exactly. Please also let us know if you would like a phone call to discuss further.

    21. Peter
      August 23, 2018

      Hi, I am interested,how much is the Course.I am still new in Trading.Thank you.

      • Admin bar avatar
        TRADERS TEXTBOOK
        August 28, 2018

        Hi Peter, we have sent you some information regarding the different courses. Feel free to email us any questions you might have to hello@traderstextbook.co.za

    22. Percival Lionel Selelo
      August 27, 2018

      Hi, i am interested in taking this course. I live in Gaborone, Botswana

      Please send me more information

      • Admin bar avatar
        TRADERS TEXTBOOK
        August 28, 2018

        Hi Percival, thank you for your interest. We have emailed some information regarding our website and how it operates.

    23. Kgothatso
      August 28, 2018

      Hi am interested so can i have more information please

      • Admin bar avatar
        TRADERS TEXTBOOK
        August 30, 2018

        Hi Kgothatso, thank you for your comment. We have sent you an email highlighting the different areas of our website. Please feel free to send us your telephone number and we can contact you over the phone to discuss exactly what you are after. Look forward to hearing from you.

    24. NOMBULELO NGWENYA
      August 31, 2018

      Please send me more info on nombulelongwn@gmail.com. I’m interested in taking the course.

      • Admin bar avatar
        TRADERS TEXTBOOK
        September 3, 2018

        Hi NOMBULELO, we have sent you an email with some extra information. Feel free to call us or email us any questions you might have.
        Tel: 087 150 0781
        Email: hello@traderstextbook.co.za

    25. Linda Jutha
      October 1, 2018

      Hi I am Linda Jutha from Johannesburg. I am interested to learn how to trade, I am a complete novice so Beginner lessons please.
      My contact phone number is 072 792 8994.
      Email: lindajutha@gmail.com
      Regards

      • Admin bar avatar
        TRADERS TEXTBOOK
        October 12, 2018

        Hi Linda, was absolutely fantastic speaking with you over the phone. Once again sorry that you message got stuck in our spam folder. 🙂 Speak soon.

    26. Molemo
      October 3, 2018

      I’m interested in taking this course so can I have more information please

      • Admin bar avatar
        TRADERS TEXTBOOK
        October 12, 2018

        Hi Molemo, We have sent you an email to set up a telephone conversation to better understand what you need.
        We look forward to hearing from you.

    27. francina Notoane-Phoshoko
      October 11, 2018

      Hi I’m interested in learning.Will you please send me the details regarding the course.I’m new in this field.

      • Admin bar avatar
        TRADERS TEXTBOOK
        October 12, 2018

        Hi Francina, we have sent you an email to set up a telephone conversation.
        We look forward to hearing from you.

    28. Sbukhwela 69
      November 19, 2018

      I’m interest bt i dont know how to trade

      • Admin bar avatar
        TRADERS TEXTBOOK
        November 21, 2018

        Hi Sbukhwela, thank you for your message. We have sent you an email because it may be best to discuss your requirements over the phone.
        We look forward to your reply.

    29. JP van Niekerk
      December 9, 2018

      Excellant material! a Masterpiece actually!

    30. mthandeki
      January 25, 2019

      hi guys I would also like to know more about your course

      • Admin bar avatar
        TRADERS TEXTBOOK
        January 28, 2019

        Hi Mthandeki,
        Thank you for your message. We have sent you an email with some information but please send us your telephone number and we will give you a call. Then we can really get to the bottom of what you need exactly.
        Look forward to hearing from you.
        Regards,
        Traders Textbook

    31. Phumlani
      February 11, 2019

      Hello

      I am interested in your course.
      How much to enrol and for how long?
      How much do I need to start trading? A lot of brokers on the internet estimate R3000 min.
      Is it easy to trade outside of big cities or do I have to go to Joburg for a successful trading?
      Can a career be made out of trading?
      Lasty, what are the requirements to become your novice learner and be a good trader?
      Thanks.

      • Admin bar avatar
        TRADERS TEXTBOOK
        February 12, 2019

        Hi Phumlani,
        We have sent you an email to answer your questions.
        We look forward to hearing from you.
        Thanks Traders Textbook

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    +27 (0)87 150 0781

    info@traderstextbook.co.za

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