Learn to trade Forex Currencies, Cryptocurrencies, and Indices.
TraderSphere is the place for education and elevation for beginning traders and experienced traders still looking to find their edge and master the markets. We are a community that values transparency and is inclusive to the journey of all traders.
REAL TRADING. NO RECRUITING.
What is Forex?
Forex trading, also known as foreign exchange trading, is the buying and selling of different currencies on the foreign exchange market. The goal of forex trading is to profit from changes in the exchange rate between different currencies. Traders buy a currency at a lower exchange rate and then sell it at a higher exchange rate to make a profit. Forex trading is typically done through a broker or a market maker, and can be done on a variety of platforms, such as online or through a broker.
When can you trade in this market?
The forex market is open 24 hours per day and 5 days a week. The market only closes on the weekend, and stays open even during national holidays.
What is a Pip?
A pip is a unit of measurement to express the change in value between two currencies. (Point in Percentage).
What is a lot or lot size?
There are many different types of lots or "position sizes". For example: on AUDUSD as a base currency
-A micro lot is equivalent to $0.10 and placed as a 0.01 trade.
-A mini lot is equivalent to $1 and placed as a 0.10 trade.
-A standard lot is equivalent to $10 and placed as a 1.00 trade.
*Lot sizes vary with different brokers*
How are Forex pairs different than Stocks?
-Asset class: Forex market trades currency pairs, while the stock market trades stocks or equities of publicly traded companies.
-Market size: Forex is the largest financial market in the world, with a daily trading volume of over $6 trillion, while the stock market is much smaller, with a daily trading volume that varies depending on the stock exchange.
-Trading hours: The Forex market operates 24 hours a day, five days a week, while stock markets have defined trading hours, usually from 6:30 AM to 1 PM PST.
-Market participants: In the Forex market, the main participants are central banks, commercial banks, and retail traders, while in the stock market, the main participants are institutional investors, individual investors, and investment banks.
Within this course and lifetime membership you will receive detailed Templates and Instructional Videos throughout 4 Phases that will teach you how to trade and view the Forex and Cryptocurrency markets. In addition to education, Trade Ideas and Chart Breakdowns are provided through the community Discord Channel. If the student needs further instruction and extra detailed help, they may request the 1 on 1 5-Day Session as well.
PHASE 1
Phase 1 of this course provides the foundation that is needed to create a great base in trading. In Phase 1 we approach the market with a growth mindset. We at TraderSphere will provide our students with the basis of trading when it comes to types of analysis, how to apply lot sizes and pips, trading sessions along with the pairs that are traded most during those sessions, and more foundational elements that come into understanding the market and getting started.
PHASE 2
In Phase 2 the student will be provided with an in depth understanding of charting and viewing a currency pair. Instead of providing you with indicators, I will show you that market structure is the top priority when analyzing a potential setup. In this phase traders will also be taught how to follow market structure and more forms of technical analysis along with when to use certain tools in the correct situations.
PHASE 3
Phase 3 is when we show our students how to put the full strategy and outlook of the market into action through the ChartNChill Series of confluence videos. This is when we fully flow through charts and review the importance of patience. To do this, we provide a series of confluence videos, examples of maintaining a live trade, and trade breakdowns on some trades sent within the Discord community.
PHASE 4
Phase 4 of the TraderSphere Forex Course will provide traders with the essential importance of risk management to survive the longevity of trading. We will also review the importance of logging your past trades and sticking to a trading plan when looking to enter future trades. Lastly, we will review the key element of psychology in trading and the importance of controlling emotions while trading in the forex market.
Sunday Chart Breakdowns and Discord Updates
On Sundays I will provide the TraderSphere students with an in depth video to prepare them for the week ahead. In these videos, and sometimes webinars, I will explain exactly what I am looking for in future trades on particular pairs and how I view structure along with the current movement of the market. In addition to Chart Breakdown videos, Discord updates are sent out to prepare students for the upcoming week of analysis and Fundamental details.
TEMPLATES
The templates section of our course provides our students with very detailed examples of market structure and patterns that frequently present themselves in the Forex market. We show examples of the situation that patterns would become visible in the market and we also provide our students with the tools and background for them to react to these patterns and take advantage of them in real time.
DETAILED FOREX COURSE
Our course goes through a vast and detailed list of technical analysis along with a series of videos that teach the trader how to take advantage of opportunities in the market. Along with detailed technical analysis, we will teach traders the importance of psychology, note taking, logging trades, and sticking to a trading plan.
PRIVATE TRADING COMMUNITY
The Private Discord channel for TraderSphere gives detailed chart breakdowns/technical analysis, my trade management, trade ideas, and a place for traders to connect with each other and talk about the market and content inside the course. I provide trade ideas with detailed explanations in order for our traders to learn how to place, manage, and most importantly, understand why a trade is taken in live conditions.
PERSONAL MENTORSHIP
After purchasing the TraderSphere course, you will be eligible to apply for the 1 on 1 5-Day Sessions that are offered to members. In this 5-Day coaching we will go through personalized teachings for the trader to help them best understand the content and the market.
ACCESS ANYWHERE, ANY TIME. THIS IS WHERE YOUR TRADING JOURNEY AND STORY BEGINS.
TRADERSPHERE
All content published and distributed by TraderSphere is to be treated as general information only. None of the information provided by TraderSphere or contained here is intended to be taken as investment advice.
Use of the information contained on the TraderSphere website and platform is at your own risk and TraderSphere will assume no responsibility or liability for any use or misuse of such information. Do not risk more than you are financially able to handle.
Only one person may access the course and DISCORD server per purchase. If a user is seen allowing others to use their account to access the course or DISCORD server, that person will be removed from the course and DISCORD server with no refund. You may not share this information with others not enrolled in the course. If you are found selling this courses videos or sharing information on other platforms, you will be removed without refund and civil action will be taken.
TraderSphere is not responsible for your well-being or your income. Any investment decision that results in losses or gains made based on any information in this DISCORD server or related services is not the responsibility of TraderSphere.