FREE BEGINNER COURSE
Forex course for beginners: from zero to your first demo trade
A complete, free 18-lesson training: how forex works, pips, lots and leverage, brokers and orders, charts, patterns and indicators, fundamental analysis, risk management, psychology, journaling, strategy, backtesting and your trading plan. With worked numbers, real TradingView charts and quizzes.
18 lessons · 4 modules · 2 hours of reading, approx. · updated 2026-09-19
How to use this course
Every lesson ends with a practical exercise: do it before moving to the next. Educational content, not financial advice.
Module 1 — Understanding the market
What forex really is, who moves it, how to read quotes, what trading actually costs, and how pips, lots, leverage and orders work. The foundations everything else stands on.
- 1How the forex market really worksWhat forex is, who takes part, why currencies move, and what you are actually doing when you "buy" a pair. · 10 min
- 2Currency pairs, bid, ask and spread: how to read a quoteHow pairs work, what base and quote currencies are, where the spread comes from and what all the hidden costs of a trade are. · 7 min
- 3Pips, lots, leverage and margin: the numbers that save your accountHow a move is measured in pips, what it is worth in money, and how lots, leverage and margin work, with step-by-step calculations. · 6 min
- 4Brokers, accounts and platforms: how to choose without being fleecedRegulation, account types, real costs, execution types, client protections and how to recognise a broker to stay away from. · 6 min
- 5Order types: how to enter, exit and protect yourselfMarket, limit and stop orders, stop loss, take profit, trailing stop and OCO: what they do, when to use them and the most common mistakes. · 7 min
Module 2 — Reading the market
Candlestick charts, trends, support and resistance, patterns, indicators, fundamental analysis, correlations and sessions. The tools to understand what price is doing and why.
- 6Reading charts: candles, timeframes and keeping them cleanHow a Japanese candlestick is built, what it really tells you, how to choose a timeframe and how to set up a readable chart. · 6 min
- 7Trend, support and resistance: the structure of priceHow to recognise a trend, draw support and resistance zones, use trendlines and channels, and tell a real breakout from a false one. · 6 min
- 8Candlestick and price patterns: what they're really worthPin bar, engulfing, doji, inside bar, double tops/bottoms, head and shoulders, triangles and flags: how to recognise them and, above all, how to use them honestly. · 7 min
- 9Technical indicators: moving averages, RSI, MACD, Bollinger and ATRHow the most used indicators work, what they measure, their limits and how to combine them without duplicating information. · 7 min
- 10Fundamental analysis and the economic calendar: what moves currenciesCentral banks, rates, inflation, jobs, GDP: what really matters, how to read the calendar and how to behave during news. · 6 min
- 11Sessions and correlations: when to trade and what not to duplicateThe hours when forex really moves, the best pairs for each session, and how correlations can double your risk without you noticing. · 7 min
Module 3 — Risk, numbers and mind
The part that decides who survives: how much to risk, how to calculate size, why risk/reward and expectancy matter more than win rate, how to manage your head and how to keep a journal that works.
- 12Risk management: the most important lesson of the whole courseHow much to risk per trade, how to calculate size step by step, daily limits and the rules that keep the account alive. · 7 min
- 13Risk/reward and expectancy: the maths that tells you whether a system worksRisk/reward ratio, win rate, expectancy in R, profit factor, drawdown and why you don't need to be right often. · 6 min
- 14Trading psychology: the real opponent is youFear, greed, FOMO, revenge trading, overtrading: why your mind betrays you and how to build habits and rules that keep it in check. · 6 min
- 15The trading journal: the tool that turns mistakes into skillWhat to record, how to keep a journal that lasts, how to analyse it and which statistics to calculate every week. · 5 min
Module 4 — From plan to practice
Building a strategy with written rules, verifying it with an honest backtest and putting everything together into a trading plan and a gradual path from demo to a live account.
- 16Building a strategy: from an idea to written, verifiable rulesWhat a statistical edge is, the main trading styles, how to write unambiguous rules and a complete step-by-step example. · 7 min
- 17Backtesting and validation: verifying a strategy without telling yourself storiesHow to test a strategy by hand on historical data, the biases that deceive, how much data you need, what in-sample/out-of-sample mean and how to move to demo. · 6 min
- 18Your first demo trade and the complete trading planPutting it all together: a one-page trading plan, a checklist, a gradual path from demo to live, realistic expectations and next steps. · 7 min