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Level 1 - Book 1 - Chapter 1

Forex Fundamentals Overview

Overview

Edition 1.0
Published by: SmartTraderSelect Academy Last Updated

July 2026

Welcome

Everything begins here.

Forex is the world’s largest financial market, with trillions of dollars traded every day. Before learning strategies, indicators, or automation, you must first understand how the market works.

This book provides the essential knowledge every trader needs before placing a single trade.

Whether your goal is manual trading, copy trading, or algorithmic trading, these foundations will support every lesson that follows.

Estimated Reading Time

📖 2 Hours

Difficulty

🟢 Beginner

Prerequisites

None

Chapter

Downloads

Exercises

Practical Assignments

SEO Difficulty

Easy

This Book Is Perfect For

✅ Complete beginners

✅ Traders who have never opened a trading account

✅ Investors wanting to understand Forex

✅ Future algorithmic traders

✅ Anyone preparing for Copy Trading

Skills You’ll Gain

After completing this book you’ll understand:

✅ Currency pairs

✅ Pips

✅ Lots

✅ Leverage

✅ Margin

✅ Trading Sessions

✅ Market Participants

✅ Basic Order Types

✅ Economic Drivers

✅ Trading Platforms

Chapter

Chapter 1

What is Forex Trading?

Chapter 2

The History of the Forex Market

Chapter 3

Who Trades Forex?

Chapter 4

Understanding Currency Pairs

Chapter 5

How Forex Orders Work

Chapter 6

Pips, Lots & Position Size

Chapter 7

Leverage & Margin

Chapter 8

Trading Sessions

Chapter 9

What Moves the Forex Market?

Chapter 10

Types of Analysis

Chapter 11

Choosing Your First Broker & Trading Platform

Chapter 12

Your First Trading Plan

Book 1 - Chapter 1

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