Forex Courses

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.

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

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.

Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.

there is no real chance to bring biggest profit ratio until
ensuring a most powerful analyzing money management. its the main rule. 

ANy courses any good?

as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .

There are free Ebooks available if you google ' iMetaTrade '

According to our trading experience we the traders select our trading strategy. Actually credible trading broker does not restrict any kinds of trading strategies with scalping and hedging we should choose this kinds of brokers.

Take it as a no then lol

demo is really good for any kinds of traders especially for newcomers. i use all my trading strategies in demo to see the performance how it works, this approach always help me to avoid risk when trading in practically.

sometimes its difficult to keep patience when trading in demo , so i prefer micro account instead of demo even though sometimes it causes a great risk for beginners.