Forex Courses

Online course is just for the knowledge, you need to be with a real trader when he/she is trading and ask questions too, to know how things are being done.

FX is not a game you can just learn on youtube

Trader4hire posted:
Online course is just for the knowledge, you need to be with a real trader when he/she is trading and ask questions too, to know how things are being done.

Very true, being part of a trading team is invaluable

Trader4hire posted:
FX is not a game you can just learn on youtube

Did you learn on youtube then:?

Im finding babypips ok. anyone else?

tracydavison posted:
Im finding babypips ok. anyone else?

Its good for the basics yes,

and I as i call learning the nuts and bolts lol

Putting all those pieces together to make a working machine is the real challenge!

You don't need to be with a real trader to learn this stuff. You can learn it all for yourself and watch a real trader on youtube if you so desire. Everyone learns differently and what works for one person may nor work for another.

tracydavison posted:
Im finding babypips ok. anyone else?

Yes, very good resource

dylanjessop posted:

Trader4hire posted:
FX is not a game you can just learn on youtube

Did you learn on youtube then:?

Nope

REB_FX posted:

tracydavison posted:
Im finding babypips ok. anyone else?

Its good for the basics yes,

and I as i call learning the nuts and bolts lol

Putting all those pieces together to make a working machine is the real challenge!

tell me about it lol!! blows my mind still sometimes hahaha!

steveday1976 posted:
Have been considering forex courses, however i also like other people have stated believe there is enough material on the internet/youtube.

There really is! I don't think anyone needs those courses, there's material on the internet, in books etc. There's lots of communities where you can ask advice straight from professional and long-time traders (like this forum..).

But I do not find any trade on forum that will properly explain their profitable strategy. They mainly try to get me to sign up to their 'service' or robot. I just want to be told what the secret is

QuangVTT posted:
But I do not find any trade on forum that will properly explain their profitable strategy. They mainly try to get me to sign up to their 'service' or robot. I just want to be told what the secret is

You Tube is a good source, also loads of very experienced traders in here happy to help

jameszenblade posted:
There are a lot of expensive Training Courses out there like AstroFX, Infinite Prosperity and Etc.

How willing are you to learn those profitable trader's strategies?

Youtube is full of so much B.S!! Agree with this guy, AstroFX! Expensive but 100% worth it!

In Forexd trading we the traders first of all have to make sure a best trading broker for leading a secure and comfortable trading life, because the trading broker can affects the result of our trading with certainly. we can choose regulated trading broker which guarantee their clients funds.

Imamul posted:
In Forexd trading we the traders first of all have to make sure a best trading broker for leading a secure and comfortable trading life, because the trading broker can affects the result of our trading with certainly. we can choose regulated trading broker which guarantee their clients funds.

Hmmm....maybe but there has been a few regulated brokers (I won't mention them here) that have been doing some dodgy stuff over recent weeks so regulation does not protect the trader 100%

There is a lot of information online but if you find a good course it can really cut down time on profitability.

QuangVTT posted:
But I do not find any trade on forum that will properly explain their profitable strategy. They mainly try to get me to sign up to their 'service' or robot. I just want to be told what the secret is

And this is part of the problem......

I just want to be told what the secret is

New traders think there is some magical secret to making millions over night in the markets and such.

There is no 'hidden secret' or 'elite robot' or 'special super elite secret training course' that is going to guarantee you millions of dollars in profits.

Markets can only do 1 of 3 things.

1] The price can move up.
2] The price can stay the same.
3] The price can move down.

That's it. That's all there is to it.

When the market moves up, go long.
When the market moves down, go short
When the market stays the same, don't do anything at all.

Just wait for a high probability entry point, candle pattern, or swing point, or whatever method of entry you find to be the most accurate for YOUR understanding of the market, and then place a trade.

Use a REASONABLE stoploss.
Use a REASONABLE takeprofit.
Trade SMALL ticket sizes.

If you enter with a small ticket size, you can always stack additional tickets into your trade basket and cover them with your winning ticket profits, etc etc etc.

When you have a winning trade, let it run it's course, move your SL level to just above entry price for break even, then just wait patiently for the trade to hit the TP target.


People complain there aren't professional traders on forums and such... Do you know WHY that is?

It's because professional traders get sick and tired of new traders complaining that no one will tell them the secrets, or suddenly the new trader thinks they've found the holy grail and they don't listen to reason when the professional trader tells them not to do something, AND even when they ARE told a winning strategy a new trader will STILL lose money and they don't follow the trading rules.

And then of course there is the emotional issues of it all.

I could go on, but I think you can see what I'm saying here right?

Anthea15 posted:
There is a lot of information online but if you find a good course it can really cut down time on profitability.

NO. Paying for trading courses are a waste of money.

Ask the person selling you the course to show you their personal portfolio and ask them for the investor read only password for their accounts so you can verify what they are saying.

There is NO valid or acceptable reason as to why they wouldn't show you the account information to verify their trades, unless of course they're being dishonest.

There is no 'elite trading course' or 'secret to making millions over night' that is going to be a 100% guarantee you will be making millions of dollars. If the 'secret' was so powerful, why are they selling the secret to you over the internet for only $49.95 or whatever absurd price it is.

Think about that for a moment...

'A GUARANTEE OF MILLIONS OF DOLLARS', and it's only going to cost you $49.95