In our experience trading courses fall into the following broad categories;
* Free tutorials given by brokers (either live or online)
* Free "complimentary" trading seminars given by training companies
* "Learn to trade" general basics courses (normally billed as stock trading courses)
* Specialist courses e.g. options, futures, forex etc
Brokers - Most good brokers will provide some forex free trading tutorials for their clients. Not surprisingly these forex training seminars tend to focus on how to operate the broker's own software, but nonetheless provide a good forex trading guide and are worth seeing. However, do not expect to walk away from a broker's free forex training tutorial with expert knowledge in how to trade profitably.
Free events - Many of the training/education companies will introduce you to their services with a Free "complimentary" forex training seminar. We can honestly say that having attended several of these from various companies we've never yet met anyone who walked away from one of these sessions having learnt very much at all.
The sole purpose of these sessions is to introduce you to the company and to sell you one of their forex trading courses, rather than to teach you anything particularly useful. However, if you attend with your expectations set at this level you won't be disappointed.
Currency Trading Basics - To learn forex basics you will need to book onto one of these courses, and in a moment we will show you how you can have the course paid for by being clever about when you attend.
It is vital that you begin with a course that teaches forex trading basics, as there is nothing worse than finding yourself on the wrong course and out of your depth from the beginning.
Basic level courses tend to be billed as "learn to trade the stock market". Most people have never heard of forex, but everyone's heard of the stock market, hence the education companies focus their basic trading courses on stock trading. Remember, most of the principles are identical, and at the end of a stock trading course you will be just as able to trade forex as anything else and will also have learned the vital skill of trading money management.
Showing posts with label Currency Trading Basics. Show all posts
Showing posts with label Currency Trading Basics. Show all posts
Tuesday, May 4, 2010
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