By: Ricky Tan
Over recent years online Forex trading has now become big business and certainly in the financial sector this is the biggest market of all in the world. The reason why this market has grown compared to the many other financial markets is because of the rise in the number of traders working online rather than using the more traditional method of trading by using the phone. Because of this increase there are a number of sites which are now offering to people the chance of learning about this through taking free online Forex trading courses.
However as with a lot of things in life today sometimes the best things in life are not for free and certainly the same could be said for many of these courses. When you are considering taking an online forex trading course, there are a number of things that you will need to take into consideration.
1. Who is offering this course?
2. Just why is it they are offering to provide you with a book to learn about Forex trading for free?
3. Are they actually offering this course because they are promoting a particular trading site and then want you to enroll on it?
4. Once you begin to read the book do you find that they are being extremely pushy when it comes to actually getting you to use a particular website to invest your money in?
The answers that you provide to the above questions will help to show you just how honest the information being provided to you for free is. One way of discovering if the free online forex trading course that you are looking at is of the highest standard is by looking at how much of the information contained within it is replicated elsewhere. You will soon learn that a lot of the information you find in some of the free online forex trading course books can easily be found when you search the net.
So rather than using these books or courses to teach you how to trade on the Forex market instead use the advice and articles about the subject that are being offered on other sites. Plus why not join one of the many forums that have been set up and discuss your issues with some of the people here. They are people who have been trading on the Forex market for some time and will often offer you the best advice when it comes to finding a suitable course for learning about Forex trading.
Certainly the better free online Forex trading courses are those that do not limit themselves to telling you about how one company trades. Rather it should be providing you with views of all the sites that are available and which are run by established companies. Any such courses should be prepared to provide you with everything that you need to know about the world of Forex trading and not restrict you to using the services of just one or the abilities of one company.
Ricky Lim is the owner of www.learn-forextrading.net where he has forex tutorials and tips on forex currency trading for beginners.
Sabtu, 14 Juli 2007
Don’t Buy One Until You Read This
By: kelly price
The rise in popularity of currency trading online has seen a huge amount of forex trading courses being offered to forex traders but how many of them are actually worth buying and likely to help you become a better trader?
Let’s find out how to find the best forex trading courses and the best forex education.
The first question you should ask yourself when you’re thinking of buying a forex trading course is:
If it’s so good why are they selling it?
It’s an obvious question!
If the advice is so good why are they selling it, when they could shut up and spend their time making money?
Yet they will make you rich for a few hundred dollars, isn’t that nice of them?
In reality their just interested in selling course and it won’t surprise you to learn that:
The Majority of Courses are NOT Worth Paying ForThe vast majority of forex trading courses sold are junk and rely on enticing advertising copy, to appeal to the greed of buyers and this applies to well over 90% of information sold.
Don’t Fall For Advertising Hype
They sell their courses and hope to dupe investors with enticing copy like “make a regular income”, “90% success rate” scalp, “10 – 15 pips a day” etc
These titles make me laugh, yet it is surprising how many people fall for them, buy the course and then wonder why they lose.
No One Is Going To Make You Rich They pay a few hundred bucks for a forex trading course and expect then untold riches to be given to them by the vendor and are bemused when they lose their equity.
The Acid Test
If you want to test how good the information sold is:
Simply ask the vendor for his real time track record and in most cases you won’t get one.
You will however get a hypothetical one, which is done knowing the closing prices, but we can all do that! Problem is we have to trade going forward not backwards.
Getting the best Forex Education
To do this, you do not need to buy a course from a vendor who has never traded or has no track record!
You can get all the basics free online.
You can learn just about everything if you take the time to look (we will cover the way to do this in part 2 of this article) and much of the free material is excellent.
You can also get some great education from your local bookstore - from traders who are genuine legends and these are traders who have walked the walk rather than simply talk the talk – and many of the books you can get are excellent value.
Think about it
No vendor on the net is going to help you get rich for a few hundred dollars.
While there are some well put together honest courses, you can get most of the information free anyway, so why buy it?
Your On Your Own
Forex trading is hard and the only traders who succeed are the ones who take the time and trouble to teach themselves and put it the hours.
They know (like all successful traders do) that the only person who can give them currency trading success is them and a forex course by a vendor is in most cases a complete waste of money.
GRAB 3 X FREE TRADER & FREE TRADER PROFITS NEWSLETTER More on becoming a profitable trader some critical FREE Trader PDF's and more FREE Forex Education visit our website at www.net-planet.org/index.html
The rise in popularity of currency trading online has seen a huge amount of forex trading courses being offered to forex traders but how many of them are actually worth buying and likely to help you become a better trader?
Let’s find out how to find the best forex trading courses and the best forex education.
The first question you should ask yourself when you’re thinking of buying a forex trading course is:
If it’s so good why are they selling it?
It’s an obvious question!
If the advice is so good why are they selling it, when they could shut up and spend their time making money?
Yet they will make you rich for a few hundred dollars, isn’t that nice of them?
In reality their just interested in selling course and it won’t surprise you to learn that:
The Majority of Courses are NOT Worth Paying ForThe vast majority of forex trading courses sold are junk and rely on enticing advertising copy, to appeal to the greed of buyers and this applies to well over 90% of information sold.
Don’t Fall For Advertising Hype
They sell their courses and hope to dupe investors with enticing copy like “make a regular income”, “90% success rate” scalp, “10 – 15 pips a day” etc
These titles make me laugh, yet it is surprising how many people fall for them, buy the course and then wonder why they lose.
No One Is Going To Make You Rich They pay a few hundred bucks for a forex trading course and expect then untold riches to be given to them by the vendor and are bemused when they lose their equity.
The Acid Test
If you want to test how good the information sold is:
Simply ask the vendor for his real time track record and in most cases you won’t get one.
You will however get a hypothetical one, which is done knowing the closing prices, but we can all do that! Problem is we have to trade going forward not backwards.
Getting the best Forex Education
To do this, you do not need to buy a course from a vendor who has never traded or has no track record!
You can get all the basics free online.
You can learn just about everything if you take the time to look (we will cover the way to do this in part 2 of this article) and much of the free material is excellent.
You can also get some great education from your local bookstore - from traders who are genuine legends and these are traders who have walked the walk rather than simply talk the talk – and many of the books you can get are excellent value.
Think about it
No vendor on the net is going to help you get rich for a few hundred dollars.
While there are some well put together honest courses, you can get most of the information free anyway, so why buy it?
Your On Your Own
Forex trading is hard and the only traders who succeed are the ones who take the time and trouble to teach themselves and put it the hours.
They know (like all successful traders do) that the only person who can give them currency trading success is them and a forex course by a vendor is in most cases a complete waste of money.
GRAB 3 X FREE TRADER & FREE TRADER PROFITS NEWSLETTER More on becoming a profitable trader some critical FREE Trader PDF's and more FREE Forex Education visit our website at www.net-planet.org/index.html
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