Is learning forex from YouTube sufficient, or should you take a course?

Sep 01 at 06:46
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10 Replies
Členem od Sep 01, 2025   5 příspěvků
Sep 01 at 06:46

Learning forex from YouTube provides free and quick access, but the material is often fragmented and unstructured. Paid courses are usually more systematic, offer mentors, and provide hands-on practice. The choice depends on your needs: learn independently to save money, or take a course for intensive guidance and more focused learning discipline. Which one should you choose?

Členem od Mar 26, 2025   9 příspěvků
Sep 03 at 14:36

I'd choose free corses from Youtube. It's only a theory, not matter is it free or paid. You can learn only on practice. 


Open a demo account with well know brokers like Algobi or TMG and start getting knowledge on practice that's the best teacher.

Členem od Sep 01, 2025   5 příspěvků
Sep 04 at 09:44
Saarah_C posted:

I'd choose free corses from Youtube. It's only a theory, not matter is it free or paid. You can learn only on practice. 


Open a demo account with well know brokers like Algobi or TMG and start getting knowledge on practice that's the best teacher.


Wow, that's very interesting. What did you get there? Did the account generate any profits? I'm currently using a bonus account from Headway where we can withdraw profits without making a deposit.

Členem od Jan 26, 2015   37 příspěvků
Sep 06 at 10:26

If you were a profitable trader, would you sell courses? Learn only from profitable traders whose verified track record you can see. Here on Myfxbook is the best place to start. 

"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected" - George Soros
Členem od Sep 08, 2025   1 příspěvků
Sep 08 at 14:20
Pupsik posted:

If you were a profitable trader, would you sell courses? Learn only from profitable traders whose verified track record you can see. Here on Myfxbook is the best place to start. 


Any recommendations on who to follow? I'm new to trading and need good role models, and mentors. TIA

Clock is ticking
Členem od Jan 26, 2015   37 příspěvků
Sep 08 at 15:01
Aello10 posted:
Pupsik posted:

If you were a profitable trader, would you sell courses? Learn only from profitable traders whose verified track record you can see. Here on Myfxbook is the best place to start. 


Any recommendations on who to follow? I'm new to trading and need good role models, and mentors. TIA


Myfxbook -> systems -> Filter

"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected" - George Soros
Členem od May 27, 2025   22 příspěvků
Sep 09 at 11:55

You can learn the basics from YouTube, no doubt. There’s plenty of good content out there, but it’s scattered and you’ll spend a lot of time piecing things together. Courses can give you structure, but most of them just repackage free stuff and throw in a price tag.


What actually makes the difference is getting your hands dirty. Spend time on the charts, trade small, and keep a journal of every decision you make. That feedback loop is what teaches you, not some video or course.

Členem od Jul 09, 2025   91 příspěvků
Sep 17 at 12:10
BambangSugiarto posted:

Learning forex from YouTube provides free and quick access, but the material is often fragmented and unstructured. Paid courses are usually more systematic, offer mentors, and provide hands-on practice. The choice depends on your needs: learn independently to save money, or take a course for intensive guidance and more focused learning discipline. Which one should you choose?


I highly recommend the course, but not just any course, rather one based on fundamental analysis and quantitative analysis. Technical analysis and psychology do not work because 99% of people study precisely that, and the crowd never makes money in the market. On top of everything else, amateur or novice traders are unable to look at themselves from a different angle and correct their mistakes. If they could, they would have done so long ago, which is why they need an outside perspective. My answer is simple: the information on YouTube is not enough...What's the point of reading books and watching videos if they don't lead to anything?

Členem od Apr 10, 2023   1 příspěvků
Sep 17 at 13:37


Členem od Mar 16, 2023   49 příspěvků
Sep 20 at 06:34

YouTube’s great for ideas but a course gives you a proper foundation. I’d say do the course first to nail the basics then hit YouTube for extra tips or new stuff.

Členem od Sep 19, 2025   6 příspěvků
Sep 24 at 15:55

The highly successful, ongoing profitable traders I know keep a low profile and are not on YouTube.


The struggling traders I know all have heavy social media presence including YT, and don't talk about the losses.


So be very skeptical.

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