Sign up today to learn online trading regardless of your level of current expertise. Get access to online courses, articles, resources and more with Learn to Trade Fourways.
Lotus Academy is an online, immersive, learning platform aimed at providing education and skills in the unique area of trading financial instruments. Lotus Academy aims to provide valued research and insights to both retail and professional traders.
Our learn to trade Fourways services are aimed at equipping investors with all the tools necessary to become profitable in the financial markets. These services include, but are not limited to,
* Market Outlooks and Research
* Intra-Day Analysis with detailed trading ideas
* Training and Mentorship (E-Learning courses available)
* Live Market Commentary across reputable platforms
As a digital academy, Lotus Academy operates primarily in the African market, but does also cater its services to clients from all over the world. The products and services offered by us are a combination of our own, as well as those of our trusted partners. While we do not provide any advisory or discretionary services, we may express opinions on these services in our own capacity for our clients.
The academy is a privately-run organization that focuses its quality services on an ongoing basis through various platforms and initiatives around the CFD industry. Our deep rooted expertise and confidence in our content allows us to breakdown and educate in the most efficient manner. The academy also strives to use its impact to positively contribute towards the education-focused sustainable development goals of the United Nations for 2030. With us you can learn to trade Fourways.
Learning how to read charts and price action is the first step in learning to trade the financial markets. Scientific and fundamental research can also be used to decipher price behavior. Practice makes perfect, or at the very least allows the novice to test their ideas before spending real money.
When you’re ready, follow these five simple steps to begin learning to trade.
1: OPEN A TRADING ACCOUNT
Set up an account with a reputable online stock trading firm. Having a professional trading account in addition to your personal account is a good idea if you don’t already have one.
2: LEARN TO READ: A MARKET CRASH COURSE
There are finance magazines, stock market books, website guides, and other tools. There is a variety of free information available online. It is important not to focus all of your attention on a single aspect of the trading game. This website has a plethora of FREE content.
3: LEARN TO ANALYZE
Learn the basics of technical analysis when inspecting tens of thousands of price charts through several time frames. Traders’ careers are made or broken by market action that deviates greatly from underlying fundamentals. Despite the fact that fundamental analysis tracks growth curves and revenue sources, traders live and die by market behavior that deviates greatly from the underlying fundamentals.
4: PRACTICE TRADING
It’s time to put your money on the line and see how things go. Paper trading, also known as virtual trading, is a good option because it enables a beginner to monitor real-time market dynamics when making purchasing and selling decisions that serve as the basis for a theoretical performance record.
5: OTHER WAYS TO LEARN AND PRACTICE TRADING
Though experience is a great teacher, don’t underestimate the value of continuing your education as your trading career progresses. Classes, whether online or in person, can be beneficial, and they vary in difficulty from beginner to expert (for example, with tips on how to display the aforementioned analytic maps) (with tips on how to interpret the aforementioned analytic maps, for example). Today is the final day to enroll in our fully free online course.
Investing in the stock market carries a high level of risk. Before you start investing in real-time, it is a good idea to understand the stock market’s dynamics. Investors should begin with small amounts that they can afford to lose if the market does not work in their favor; investing without selling assets or borrowing is preferable. Traders, particularly novices, should avoid attempting to time the market; as prices increase, more people spend, and as people sell to book profits, prices fall rapidly. It is common for investors to sell a stock as soon as its price begins to decline, which should be avoided.
Before beginning with online trading, it is a good idea to study the fundamentals of technical and fundamental research. This will help traders understand oscillators, averages, patterns, and trend lines, helping them to make better decisions. To assist you in making informed investment decisions, the vast majority of trading participants provide research reports and analyst recommendations. When designing their own trading strategies, traders must keep track of stock market fluctuations. The use of trial and error, as well as frequent plan changes, assists in the achievement of positive results. When traders lose money on their trades, it is important that they do not lose confidence in the market.