I know that if you are contemplating about purchasing a forex trading course, you will surely not run out of available options, as there are hundreds on the market. There are plenty for every kind of trader. It makes no difference if you like forex scalping, where you buy and sell a currency pair several times in a day, or you consider yourself a long term, position trader.
I am one of those people who believe that before you make the decision of purchasing the course online, you just need to ask yourself "what am I really going to learn if I purchase this?" Am I just going to learn the same generic information that everybody else teaches or will I have a deeper understanding of what makes the market tick, should I purchase this course.
I think youll find that the problem at the present time is that most forex trading courses arent very good at explaining the underlying reasons why price movements act the way that they do. In fact most courses only give you the generic piece of advice and tell you to blast your charts with indicators.
There are so many things wrong with this that I don't even know where to begin.
Lets begin with the obvious. Indicators are lagging by nature. What this essentially means is that you are making your trading decisions off of information that has already passed. Does that sound logical??
The other thing is what exactly are these indicators really telling you about the market? Let's look at stochastics for example. These indicators are supposedly useful for telling you whether a currency is either overbought or oversold.
My question is do you truthfully believe that most traders can even comprehend what it means for currencies to overbought or oversold? I dont think so. Most traders just see Stochastics as a bunch of random colors and lines going up and down.
So, I am afraid I am going to have to go back to the original question: What are you learning if you were to purchase the course. - 23309
I am one of those people who believe that before you make the decision of purchasing the course online, you just need to ask yourself "what am I really going to learn if I purchase this?" Am I just going to learn the same generic information that everybody else teaches or will I have a deeper understanding of what makes the market tick, should I purchase this course.
I think youll find that the problem at the present time is that most forex trading courses arent very good at explaining the underlying reasons why price movements act the way that they do. In fact most courses only give you the generic piece of advice and tell you to blast your charts with indicators.
There are so many things wrong with this that I don't even know where to begin.
Lets begin with the obvious. Indicators are lagging by nature. What this essentially means is that you are making your trading decisions off of information that has already passed. Does that sound logical??
The other thing is what exactly are these indicators really telling you about the market? Let's look at stochastics for example. These indicators are supposedly useful for telling you whether a currency is either overbought or oversold.
My question is do you truthfully believe that most traders can even comprehend what it means for currencies to overbought or oversold? I dont think so. Most traders just see Stochastics as a bunch of random colors and lines going up and down.
So, I am afraid I am going to have to go back to the original question: What are you learning if you were to purchase the course. - 23309
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If you want to know more about a forex course, then you definitely want to check out millionaires trading forex.
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