Pay forex training - you need it ?

Pay Forex Education
Even now, in an era when all the polls looking for freebies, I am sometimes asked, "Now, we have office in the city of" Barnyard " offer paid training Forex .It is worth going to? "If such a question to ask on any forum in response immediately wallow cries of" Scam! "," Wiring thinner! " it so bad?

First and foremost in the mind of a person who is interested in learning forex, there is a reasonable question, "If you (the teacher) are so smart, why earn rates, rather than trade?".This question can only be a superficial thinking, without going into the issue.Before making any conclusions, it is necessary to divide the proposed training services trade into 2 categories:

  • 1) Super-duper technique 1000% per month
  • 2) Theoretical aspects

Super-duper technique 1000% per month

If you see an ad somewhere, that for a certain amount of money you will learn the super-profitable trading method or even call a specific amount ( "you will earn $ 200 per day !!"), you can be 100%sure - this is the usua

l scam.It is also sometimes offer personal training services, they say people will sit next to you and to help trade - is also no good does not only lose money.Such proposals should be avoided.

person, able to earn on Forex, it is much more profitable to create an investment fund or open the same PAMM-account example, or sell trading signals.It is much less energy-intensive and more profitable way to earn additional income than paid training.

Theoretical aspects

In case different bases of training, theory and practice trading forex, when you provide information on the basics of it, everything is much more prosaic and mundane.What I mean by theoretical aspects: the history of the exchange, information about trends, graphical analysis, trade on indicators, their internal structure (formula), as the open / close orders, etc.This information is from the textbooks that will not change much on how good a teacher in the trade.

After mathematics teacher at the school does not have to be the winner of the "Millennium Award" (Comrade Perelman) and music teacher does not need to have several "Grammy" in a conspicuous place in the cabinet, to teach children to their subjects.Also with forex.An employee of DC "Horns and Hoofs" may have experience trading week on a demo account, but the basics of the trade textbooks will tell you without any problems.BecauseThis information is constant as a mathematical formula, and is independent of a personal interpretation.

Most forex firms offer full-time courses for beginners for a small fee - usually 5-6 thousand rubles.Despite the fact that it is the very foundations of their knowledge is necessary, but does not make you a super-trader, I would advise all the same pay and go full-time training for beginners.Many will ask, "Why?After all, you can download any video course for free ... ".

several reasons:

  • Listening to a live person, you are more careful
  • You try to better remember the information more rigorous attitude to her record, you ask again, etc.Why?Because you paid money and subconsciously seek to get "good", which is paid for, ieknowledge.
  • You may ask to explain many times more, "for fools."This is very useful, especially in the beginning.
  • Most courses have a practical part, where you will learn "where to click" to open / close orders.

Also, there are theoretical courses for more experienced traders.For example, I recently saw somewhere advertising full-time course on Trade Ichimoku indicator.Again, the formula will not change indicator of how successful a teacher in the trade, but in the living communion you "chew" everything thoroughly.

In the case of courses in theory, it is possible to pay tuition fees, but do not think that you then become Soros.This information, and that's how you will or will not apply it, is the key to success.

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