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Learning the Art of Trading

Talking Points:

  • This article walks through educational offerings from DailyFX.

  • The 360° Program is a private curriculum that offers weekly webinars and a self-contained curriculum.

  • DailyFX University, DailyFX Plus, and articles help traders with topics ranging from beginner to advanced.

Becoming a trader is a journey that can be as rewarding as almost anything else that we embark upon in this world. Many come to markets to try to make a lot of money (which, unfortunately, doesn’t always work for everyone). Others come to markets for the independence, as trading for a living can be one of the few reasonable ways to ‘become your own boss.’ Others just long for control of their own future, or the ability to have one’s fate in their own hands.

Whatever the reason or the driver, there is a lot of bad information out there that can make that journey so much longer than it needs to be.

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If you spend enough time around markets, you’ll likely see countless ‘holy grail’ types of advertisements for educational services or trading strategies. In many cases, this is just some proprietor trying to separate you from your hard-earned money.

Sciences are defined by rules… proven theorems that can then be rested upon to build additional hypothesis. There aren’t too many hard rules when it comes to trading, and by many accounts; trading is more of an art than a science.

At DailyFX, we do our best to help traders learn the art of trading; and in this article, we’re going to walk through the available products from DailyFX which we strive to that end.

The 360° Program (Course with private, weekly webinars)

This was an answer to all of the requests from our traders for a ‘self-contained’ trading course. We’ve produced a lot of educational content over the past four years at DailyFX; so much so that some traders were having difficulty grasping and integrating all of it at once. The 360° program was designed to help traders see ‘the entire picture,’ when placing their trades.

The DailyFX 360° Program

Learning-the-Art-of-Trading_body_Picture_3.png, Learning the Art of Trading
Learning-the-Art-of-Trading_body_Picture_3.png, Learning the Art of Trading

The 360° Program is a private course that offers a curriculum with private, weekly webinars

The 360° Course is a private program that contains a two-hour trading course, and access to private weekly webinars showing how to integrate the course curriculum in a real-time, dynamic basis. We felt this was the perfect combination of tools; offering a condensed educational course that covers the most important concepts traders will encounter, while also giving on-going access to a member of the education team as they show how to use that content in the current marketplace.

As much of the education we provide at DailyFX, risk management is at the forefront of the content; but focus is also paid towards fundamental and technical analysis as we walk traders through a process known as ‘probability-based trading.’

The 360° Course is completely free-of-charge. Access is granted to any live FXCM Account holder that adds or deposits $10,000 USD (or equivalent) into their trading accounts.

If you’d like to sign-up, you can certainly do so from the link below with the form found on the right side of the page for ‘sign up.’ If your account meets the criteria, or if you add funds to bring the account above the $10,000 level, we will email you an invitation to the course with full instructions for access.

LINK to request information/sign up for the 360° program

DailyFX PLUS

We’ve put a lot of work into DailyFX PLUS over the past few years.

This is the client portal for FXCM Account Holders. You can access DailyFX PLUS with the same username and password that you use to access your live trading account. If you don’t’ have a live FXCM Account, you can also subscribe to DailyFX PLUS for 19.99 per month.

Inside of DailyFX PLUS is quite a bit of content, including trading signals, SSI, the Technical Analyzer, and of course our educational offerings of the On-Demand Video Course and the Live Classroom.

The On-Demand Video Course has received a lot of great feedback, and we’ve even been lucky enough to win awards with this course. The course offers 15 topics on some of the more pertinent subject matter in the field of trading. Most topics (14 of the 15) offer two levels of lessons, with the first lesson being an introduction, and the second taking the content a step further.

The On-Demand Video Course covers 15 topics; most with two lessons each

Learning-the-Art-of-Trading_body_Picture_2.png, Learning the Art of Trading
Learning-the-Art-of-Trading_body_Picture_2.png, Learning the Art of Trading

Image taken from the On-Demand Video Course inside of DailyFX PLUS

The Live Classroom is where myself and the DailyFX Team host webinars every single trading day. Topics range from introductory to advanced; and on many trading days we have as much as 7 hours of content. We also cover news announcements such as this week’s FOMC announcement in the Live Classroom.

The topics covered in the Live Classroom definitely isn’t entirely for new traders; as many advanced discussions take place covering topics like Elliot Wave Analysis, Price Action, Advance Risk Management Strategies, and of course, day-trading and scalping.

You can always stay up-to-date with the calendar in the Live Classroom with the FXCM ‘Calendar of Events’ page.

DailyFX University

This is an on-going work in progress that we think will bring considerable value to quite a few traders. DailyFX University was recently rolled out; and we’re still in the process of filling in the curriculum.

DailyFX University is a collection of articles written by DailyFX on a wide variety of topics. The curriculum starts with the ‘Freshman Year,’ covering many introductory topics on the field of trading. The content gets progressively more advanced through the Sophomore, Junior and Senior Years. We’ve also begun creating content for the ‘graduate studies’ area of DailyFX University.

DailyFX University can be navigated with the panel on the right side of the page

Learning-the-Art-of-Trading_body_Picture_1.png, Learning the Art of Trading
Learning-the-Art-of-Trading_body_Picture_1.png, Learning the Art of Trading

Image taken from DailyFX University

DailyFX University is completely free-of-charge, and available anytime you might want access to it.

To begin, you can use the navigation panel located to the right side of the page. This will allow you to navigate between the various ‘years’ within DailyFX University.

Articles

Last but most certainly not least are the on-going articles published by the Education Team of DailyFX. Each week, we collectively publish 10-15 articles specifically on the topic of education in the FX market. These are all completely free.

If you’d like to be notified of when these articles are available, you can join the distribution list of any of our trading instructors by clicking on their name below, and filling in the appropriate details in the subsequent page:

Jeremy Wagner

Walker England

Tyler Yell

Greg McLeod

James Stanley

--- Written by James Stanley

James is available on Twitter @JStanleyFX

To join James Stanley’s distribution list, please click here.

Would you like to trade alongside seasoned professionals throughout the trading day? DailyFX On Demand gives you access to DailyFX Analysts during the most active periods of the trading day.

Would you like to enhance your FX Education? DailyFX has recently launched DailyFX University; which is completely free to any and all traders!

DailyFX University

We’ve recently begun to record a series of Forex Videos on a variety of topics. We’d greatly appreciate any feedback or input you might be able to offer on these Forex videos:

Forex Education

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Forex – Secrets of Profitable Forex Traders

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