Free ebookForex Trading Basics: Market Structure, Currency Pairs, and Risk Control

Course Description

Forex Trading Basics: Market Structure, Currency Pairs, and Risk Control is a practical ebook course in business administration and investments designed to help you understand how currency trading works and how to approach it with discipline. You will learn the language of the forex market, the logic behind price movement, and the decision framework traders use to plan, execute, and manage trades more consistently.

The course explains forex market structure in clear terms, connecting global liquidity, trading sessions, and broker execution to what you see on a chart. You will become comfortable reading currency pairs and quotes by understanding base and quote currencies, majors, minors, and crosses, so you can interpret direction and value without confusion. As you progress, you will learn how pips, points, spreads, and other trading costs affect performance, helping you evaluate opportunities with a more businesslike view of expenses and efficiency.

To support real-world application, the ebook walks you through lots and position size basics, from micro lots to standard lots, so you can translate an idea into a controlled trade. You will also learn how leverage and margin work as a tool for capital efficiency rather than a profit strategy, and how improper use can magnify losses. Order types are explained in a practical way, including entries, stops, limits, and the impact of slippage, so you can improve trade control in fast markets.

You will also connect macroeconomic news to currency moves, building context around interest rates, inflation expectations, and risk sentiment that drive day to day volatility. Most importantly, you will build strong risk management foundations by defining risk per trade, understanding maximum drawdown, and using position sizing step by step to calculate lot size from your stop-loss and chosen risk. The course emphasizes realistic expectations for beginners, focusing on process metrics and consistency rather than profit targets.

If you want a clear starting point in forex trading with an emphasis on market structure, currency pairs, and risk control, start this course today and build a foundation you can use in any trading plan.