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Markets & forex — the basics

The vocabulary and mechanics before you touch a chart. 14 lessons.

  1. 01What is forex?
  2. 02Why trade forex?
  3. 03Currency pairs (majors)
  4. 04Minors and exotics
  5. 05Pip, pipette, point
  6. 06Lot, mini lot, micro lot
  7. 07Leverage and margin
  8. 08Bid, ask and spread
  9. 09Long vs short
  10. 10Computing P&L
  11. 11Base vs quote currency
  12. 12Market participants
  13. 13Drill: compute 5 P&Ls
  14. 14Basics checkpoint
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