The 5 Important Questions That Must Be Asked When Choosing The Best Beginners Forex Trading Course
FOREX currency trading is now SO popular globally, that a whole industry has emerged, almost overnight. Just tap 'Forex' into your search engine and see .
In addition to my Forex for Beginners course at http://www.forextrainingworks.com there are currently over 2,000 varying Forextraining courses, self-help booklets, CD tutorials, online flash presentations, broker training modules, expert courses, opt-in tips of the day' and people who will sell you trade entry and exit points on a almost hourly basis.
However, the truth is that the vast majority who learn EVERYTHING THERE IS TO KNOW ABOUT Forex never make it. They fail because they failed to learn about the things that really matter. It might not be easy to admit, but it's not complicated systems, indicators or gurus that count - it's patience and a clarity of purpose.
People overtrade, revenge trade or live in hope that losing trades will somehow mysteriously turn into winning trades. This is such a common problem, which always results in capital inexorably eroding till there's nothing left.
The explosion of 'beginner' traders onto the Forex scene - only made accessible to you and me by the benefits of the home computer - has unfortunately caused another kind of explosion. An explosion of a nasty breed of people, taking money off the innocent and unsuspecting trader.
Over 90 per cent of what's on offer is nothing but false promise. How on earthcan a set of CDs be worth 1,000s of dollars (it costs just cents to copy CDs!), and how does a manual that deals with complicated indicators answer a simple question like, "where do I put my stop loss on Non-Farm payroll day?"
Now I'm not saying that all of these ways to 'make your fortune' overnight are dishonest. But what I am saying is that the vast majority of them aren't, and of those that are, they are so often horribly over-priced or MLM 'rip-offs.'
It's the internet, and as we all know, the internet is a great place for never having to look someone in the eye when you take money off them. Yes, it's good - but boy, it can also be bad, and any recourse is difficult if not impossible most of the time.
If you are contemplating ANY Forex training course for beginners, I suggest these questions may be well worth asking:
Ask if you have complete access to the chief trainer throughout the course, by email AND telephone if necessary. Be specific about this.
Find out EXACTLY what it is you are being asked to pay for.
Is there a recommendation to a Forex broker who will be paying the trainer a fee for each referral?
Ask how much ground the course covers. Beware of information overload or 'mumbo jumbo' (the single biggest reported disappointment with Forex trading courses for beginners).
Does the trainer actively trade for a living?
In addition to my Forex for Beginners course at http://www.forextrainingworks.com there are currently over 2,000 varying Forextraining courses, self-help booklets, CD tutorials, online flash presentations, broker training modules, expert courses, opt-in tips of the day' and people who will sell you trade entry and exit points on a almost hourly basis.
However, the truth is that the vast majority who learn EVERYTHING THERE IS TO KNOW ABOUT Forex never make it. They fail because they failed to learn about the things that really matter. It might not be easy to admit, but it's not complicated systems, indicators or gurus that count - it's patience and a clarity of purpose.
People overtrade, revenge trade or live in hope that losing trades will somehow mysteriously turn into winning trades. This is such a common problem, which always results in capital inexorably eroding till there's nothing left.
The explosion of 'beginner' traders onto the Forex scene - only made accessible to you and me by the benefits of the home computer - has unfortunately caused another kind of explosion. An explosion of a nasty breed of people, taking money off the innocent and unsuspecting trader.
Over 90 per cent of what's on offer is nothing but false promise. How on earthcan a set of CDs be worth 1,000s of dollars (it costs just cents to copy CDs!), and how does a manual that deals with complicated indicators answer a simple question like, "where do I put my stop loss on Non-Farm payroll day?"
Now I'm not saying that all of these ways to 'make your fortune' overnight are dishonest. But what I am saying is that the vast majority of them aren't, and of those that are, they are so often horribly over-priced or MLM 'rip-offs.'
It's the internet, and as we all know, the internet is a great place for never having to look someone in the eye when you take money off them. Yes, it's good - but boy, it can also be bad, and any recourse is difficult if not impossible most of the time.
If you are contemplating ANY Forex training course for beginners, I suggest these questions may be well worth asking:
Ask if you have complete access to the chief trainer throughout the course, by email AND telephone if necessary. Be specific about this.
Find out EXACTLY what it is you are being asked to pay for.
Is there a recommendation to a Forex broker who will be paying the trainer a fee for each referral?
Ask how much ground the course covers. Beware of information overload or 'mumbo jumbo' (the single biggest reported disappointment with Forex trading courses for beginners).
Does the trainer actively trade for a living?