Forex Courses

If u really want to learn and earn goto Compassfx. They are little known but brilliant professionals.

togr posted:
Also another advice. Might sound arrogant as well.
Dont buy anything - courses, lessons, membership, EAs.
The logic is very simple, if the trader is successful enough to trade for living then he is trading for living,having no need to sell anything.
The ones who sell the staff are not the successful ones...

This time is not arrogant. It`s good advice. 😉

This might have been mentioned..A must for any newbie..Check out shool of pipsology on bapypips. Free and a VERY good learn.

Though many educational tools like forex e-books, audio books, You Tube videos on trading, webinars, etc. are being provided by many forex brokers today, beginners must try to cope with the basic ideas and elements of forex trading with the help of demo trading account. Demo can be the best weapon for the naive traders to learn trading with real trading atmosphere in sphere of real trading activities here.

45656 posted:
Though many educational tools like forex e-books, audio books, You Tube videos on trading, webinars, etc. are being provided by many forex brokers today, beginners must try to cope with the basic ideas and elements of forex trading with the help of demo trading account. Demo can be the best weapon for the naive traders to learn trading with real trading atmosphere in sphere of real trading activities here.

i agree, demo is the best way to learn, what i did when i first started was, start a demo account and watched a lot of youtube videos alongside.

YouTube has some good trading channels.

I don't think youtube is a good choice. Sure there are loads of videos from random people all saying different things but to learn Forex you need structure from a proper Forex course not random unrelated videos

Alexander654 posted:
I don't think youtube is a good choice. Sure there are loads of videos from random people all saying different things but to learn Forex you need structure from a proper Forex course not random unrelated videos

Depends which channel I suppose. Pardofx and Ditto Trade are both good.

I think you are right though in that you need to follow a structure, not just watch random videos.

trendfollowers posted:
This might have been mentioned..A must for any newbie..Check out shool of pipsology on bapypips. Free and a VERY good learn.

Are you allowed to say that here lol? But yes it is very good.

jamesgwyther posted:

Alexander654 posted:
I don't think youtube is a good choice. Sure there are loads of videos from random people all saying different things but to learn Forex you need structure from a proper Forex course not random unrelated videos

Depends which channel I suppose. Pardofx and Ditto Trade are both good.

I think you are right though in that you need to follow a structure, not just watch random videos.

Can vouch for the second one too. 😉

dylanjessop posted:
You don't need them. Just use youtube.

Indeed you do not have to necessarily resort to heavily paid courses in order to get good hold of forex trading strategies. Wasting money unnecessarily on paid sources when equally good non paid sources are available makes no point. Some non paid sources you can refer to are :
Articles on trading strategies/tips in newspapers
Books on forex trading like the intelligent investor, the black book of forex trading etc.
Online websites
Magazines on forex trading .

learning is an inevitable part of trading that we cant avoid in spite of passing a long time  ,its a continues process  but we newcomers always try to make more profit without learning and become ultimately loser.  

For avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:2000 , actually leverage is an important financial tool which always contains risk , so it is better if we avoid using high leverage in real account.

Proper forex trading education is as important to beginners as it is to experienced traders because FX software are constantly evolving. There are many courses available like ‘Forex trading A-Ztm – With live examples of Forex trading'.

There are many free courses available in internet. So I guess free knowledge is abundant in internet in any subject if you know how to search for it.

But help from an experienced trader who is already consistently profitable in forex is definitely needed in order to build confidence and fast forward the learning process.

I welcome anyone to my system discussion thread if someone wants learn about forex trading in general. I can't explain the details about my own system since that is my own intellectual property which I developed after years of work, but I may provide some common tips which can be very helpful in fast forwarding the learning process for beginners.

I have read all the free stuff and I can tell you that it is no good. You need a pro trader to really explain what you need to do. The normal strategies that are taught for free do not work. You need something more subtle only a pro can teach you this

Chikondi posted:
I have read all the free stuff and I can tell you that it is no good. You need a pro trader to really explain what you need to do. The normal strategies that are taught for free do not work. You need something more subtle only a pro can teach you this

It is not the strategy which makes the profit. But the trader's psychology and money management and understanding of forex market makes the profit. There are no such holy grail inbuilt trading systems in forex which will make profit for everyone and always. There are no such things.

If someone understands how the forex market works, then even if he wants to loose he can't loose using the worst trading strategy. If someone doesn't understand how forex market works, then the best strategy will make him fail and loose money.

Forex trading is like learning how to ride a bicycle and after someone knows how to balance between profits and losses over time, then even if he tries to loose, he can't loose in long term with few exceptions of course.


NOTE:-I can't explain the details about my own system since that is my own intellectual property which I developed after more than 15 years of hard work, but I may provide some common tips which can be very helpful in fast forwarding the learning process for beginners.

Forex course - paid ones.
If somebody knows hot to trade then he is trading and making profit.
If somebody does not know how to trade he is selling the courses and making profit.
You are the one paying for that. :)

Moreover 95% of traders are losing money. So following genral advices how to trade will lead to general results - losing money.

What you need is to find your own way... to trade.

And no, I am sorry I do trade for living and I have no time to teach anybody.

Chikondi posted:
I have read all the free stuff and I can tell you that it is no good. You need a pro trader to really explain what you need to do. The normal strategies that are taught for free do not work. You need something more subtle only a pro can teach you this

No. You need to study and interpret the markets yourself in order to be successful long term.