EBooks were all the rage when the Foreign Exchange (Forex or FX) where deregulated in 1997. But they are now often just FREE throw-ins with the purchase of a FX training course or a Forex software trading system. The educational have advanced to the point that is really hard to believe that is possible to receive so such support for such a low price. The price of the courses can range anywhere from $100 to $600, with the vast majority in the $100 to $200 bracket. The reason these courses are so inexpensive is volume, the developers of these programs would rather make a little bit of money off of a lot of people rather than a lot of money off a few people.
Below are some of the materials you will receive at various courses. Each one functions a little differently, so you really need to check out the individual programs course to determine what it supplies. But, this will give you a general idea of what is available.
1) EBooks (of course)
2) Videos
3) DVD's or CD's
4) Software
5) Video conferencing before the market opens or after the market has opened.
6) Mentoring programs. (A great way to start trading virtually insuring a capital gain, of course it is going make your tax bracket go up, maybe you don't want that, yea right, I want mine as high as they go. The higher my tax bracket the more money I am making and the happier I am.)
7) One on one development of a trading style based on your budget and risk tolerance level. (This is another good one, you need to check out, but it has the same problem as above, you know the tax bracket issue.)
8) Practice trading sessions.
9) Daily market updates, these could be either emails or videos on a web site.
10) The ability to follow a professional trader's portfolio and have the same portfolio for yourself. (I like this, only one training site offers this and it is sure to get you off to a good start towards making money in the markets.)
Most courses will provide you with a combination of some of the above and there even a few that offer all of the above. The vast majority of the courses are priced in the $100 range, so they are extremely good buys, especially when taking into consideration that you can easily make that back in ONE Forex trade. After a little reflection you would have to believe them to be exceptional values. With the cost of a single EBook Forex ranging around $20 one would wonder why would anybody would ever purchase a book when for just a little more money you can receive a truly comprehensive Forex education from so many different tried and true programs.
William R. Alheim, Jr., CPA, MA - Visit http://www.tradingforexreviews.com/ to learn more about Forex Brokerage Firms, Software Systems and Educational Courses. Good Luck! I look forward to seeing you on the trading floor making money! |
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