Some forex training providers charge thousands of dollars for their forex courses. Some do this as a marketing ploy.
How would you value the cheap information from Mr Priceconscious
$149.00 as compared to Mr Smartmarketer $4,000 content course... your's
today at over 50% off, for only $1,990.
Which is the better bargain in your mind? The $149 course or the $1,990?
Did you pick the bargain from Mr Smartmarketer? You just saved over $2,000! His course is padded full of history of the fx markets and theory of forex trading that you could have got for free searching the internet.
Priceconscious forex course of $149 turns out to be no better either as
all his course does is tell you his four indicator system that works
for him. When you try and copy his method it just does not work out for
you.... So it goes with most forex courses offered for
sale. You can pay top dollar for these courses or you can pay minimal or
even get most of your information for free. The outcome will be be the
same in the majority of cases.
Once again we have sales and
marketing professionals in our forex training courses midst whom
recommend the "optimum" price level to achieve the best results. Not
necessarily related to the content of the course materials.
Another example you will notice are the forex strategy courses which all seem to basically sell for $97.00.
think some of these popular courses are a good idea to give you
different ideas on how to develop your own trading ideas. Take one or
two diamonds from several of these courses and add your way of trading
and there you have a nice system that is uniquely yours. Or just trade
it as the system inventor does. What you have to remember is that you
need to work out what your own trading style and time frame will be.
you going to day trade the market for so many hours a day/night? or are
you going to trade end of day data which will require only ten to
twenty minutes each day or are you going to trade on a weekly basis
which will only require you to place or adjust positions on the weekend?
It really does not matter. There are plenty of highly successful
traders whom trade extremely short term one minute bars and those whom
trade longer daily, weekly, monthly or yearly time frames.
if you are a new trader you will have to spend a lot more time in the
beginning learning you own style of trading. This will be a matter of
trial and error to see what works for you.
For an outlay of
$97.00 with a 60 day money back guarantee (if purchased through most popular affiliate merchant platforms) you can't go too far wrong. You can get plenty of ideas to
Which forex course is best?
personally recommend a forex training course that is delivered by
internet video content as opposed to physical attendance at a venue due
to the cost effectiveness. Hiring a venue or room somewhere will come
back to you paying for it. (Maybe not straight away but later from add
on's). They will offer to sell you all sorts of products as they receive
a commission from the sale.
Try and choose a daily or weekly
internet "mentor" where they explain the trading process over and over
again. New concepts need to be repeated from different angles for people
to fully comprehend.
Some good free forex trading courses delivered through the internet by reputable firms are shown here Go to free forex trading course - brainyforex
the internet we can obtain feedback from people all around the world
whom have previously completed forex courses and education. Reading
about other peoples positive and negative experiences with these forex
courses will be of great assistance whether we decide to spend our money
on that particular course.
Take a look at some well known forex courses and check out the public's feedback here.
to trade forex currency markets is very difficult. The very best forex
course and other education does not guarantee that you will be able to
successfully trade the markets. Success will come after you fully
understand the importance of the three elements for success. (System,
Psychology and Money Management) AND APPLY these elements to
your trading. The way to apply these elements is to practice, practice
and practice. Perseverance is your most important quality.
In his book 45 Years In Wall Street, W.D. Gann. page 122 states "A
man who pays with time and money for knowledge and continues to study
and never gets to the point where he thinks he knows all there is to
know, but realizes that he can still learn, is the man who will make a
success in speculation or investments."
Read more about Gann's thoughts on the subject here.