The VIDI course consists of a total of 14 in-depth chapters. These chapters will provide you with exactly the information you need to know to succeed in Forex Trading. In this course, you will find an extension of the first 5 chapters that were covered briefly in the VENI course.
Now, it's time to dive deeper into the subject as we have added 9 more informative chapters to enhance your understanding.
Chapter 1: Introduction
In this first chapter, you'll learn the basics of forex, who participates in the market, and the key players you'll encounter. We'll also explain the concept of day trading and provide essential knowledge to consider before you start. Additionally, you'll gain insights into the psychology of trading.
+ Extension VENI: Introduction to DEMO Account
Chapter 2: The History and Evolution of Forex
Discover the roots of Forex, its historical development, and the impact of leverage on the market. We'll also highlight important factors to be aware of.
Chapter 3: Brokers and Trading Platforms
Learn about brokers, how to choose the right one for you, and the process of registering. We'll introduce you to popular trading platforms like MT4 and Tradingview.
+ Extension VENI: Video - setting up TradingView, video - working with MT4
Chapter 4: Analysis
In this chapter, you'll explore the concept of technical analysis and its practical applications. We'll also delve into fundamental analysis and its role as a key indicator of market changes.
+ Extension: Sources from the latest information about world events, video - how the economy works, what currency pairs we trade and trading hours.
Chapter 5: FAQs and Essential Information
Addressing common questions, we'll cover topics such as initial capital requirements, the timeframe to achieve regular profits, our perspective on multilevel systems, and the influence of personal behavior on success.
+ ExtensionVENI: We'll also discuss our initial capital, risk management strategies, monthly appreciation percentages, and the possibility of making a living through trading. Lastly, we'll share the reasons behind our commitment to offering these courses.
Chapter 6: Glossary of Terms:
In this section, you'll find a comprehensive glossary of terms that you'll come across during your studies and trading. This trading alphabet is crucial for your understanding and mastery of the subject.
Chapter 7: Chart Orientation:
Learn about the distinction between candle charts and line charts, the information they represent, and their respective uses. We'll guide you on identifying common timeframes and teach you how to recognize trends effectively.
Chapter 8: Technical Tools:
Discover how to plot significant levels such as trendlines, supports, and resistances. Gain proficiency in correctly utilizing Fibonacci and understanding its significance in identifying trends. These indicators, in conjunction with the knowledge from the previous chapter, are essential for comprehending breakout structures and identifying trends.
Chapter 9: Analysis Procedure:
In this chapter, you'll learn the correct methods for chart analysis and integrating multiple timeframes. Explore the concept of Exponential Moving Average (EMA) and how to navigate the interplay of different factors and confluences.
Chapter 10: Trading in Practice:
We provide a detailed description of market trading opportunities that we have documented for you, capturing screenshots before, during, and after trades. These snapshots serve as valuable resources for backtesting. Additionally, we regularly add new trades to keep you updated.
Chapter 11: Money Management:
In this chapter, we delve into the importance of position management, risk management, and the risk-to-reward ratio. You'll learn about rules specifically designed to reduce or eliminate risk. We'll explain when and how to minimize losses, where to take partial profits, and when to consider adding positions.
Chapter 12: Psychology:
Discover three essential rules to follow when trading. We'll explore the concept of FOMO (Fear of Missing Out) and provide strategies to avoid the pitfalls of greed and impulsive gambling. Additionally, we'll emphasize the significance of managing emotions in trading.
Chapter 13: Trading Diary:
Learn the purpose and methods of monitoring your trading decisions and keeping a trading diary. We'll provide a practical example of how to structure your diary effectively.
Chapter 14: Demo Account:
Explore the advantages and disadvantages of using a demo account and understand its psychological importance. We'll offer valuable tips and advice on utilizing a demo account to enhance your trading skills. Additionally, we'll introduce a simple tool to facilitate your long-term exposure to the currency markets.
Conclusion and Final Test:
In the concluding section of the VIDI course, we provide practical advice on how to consolidate your knowledge and effectively apply what you've learned. To assess your understanding of trading concepts, you'll have the opportunity to take a final test.
We made this online course to help more people easily learn about Forex Trading. Our goal is to maintain the highest level of quality, uniqueness, and comprehensiveness in the online environment. With us, you'll gain all the knowledge you need to trade successfully, not just theory but also practical experience, real-life examples, and our complete expertise.
Note: Please be aware that downloading and distributing the VIDI course is strictly prohibited, as it is protected by copyright.
We've opened the first Trading Floor in the Czech Republic, exclusively for our talented Czech traders. It's a cool space with a barber shop, gaming area featuring PlayStation, and the opportunity to rent a super fun sports car. We've taken the concept of trading floors to a whole new modern level, ensuring that our Czech traders can not only focus on their trades but also maintain a healthy balance of work and play.
