Which Forex Trading Training Courses Really Teaches You How to Make Money?

By William Alheim Jr

With the proliferation of currency online classes on the internet which began shortly after the deregulation of the markets in 1997 it is very difficult for the first time buyer to distinguish between the reputable establishments and the fly by nighters. When attempting to differentiate between what would be a useful investment and what would be a waste of money there are a few characteristics to look for.

Longevity

One of the first points of interest you should look for is how long the course has been on the market. After all, could they exist for such a long period if they were not any good? If a class has been around for a long time it shows you a few things, such as; they had to have quite a few happy customers that spread the word that they like the course. Next, the principles have surely refined and upgraded the program over the years staying up-to-date with what is actually happening in the markets.

Type of Course

The type of course needs to also coincide with the "type of itinerary you are looking for." In other words, if you are really only interested in "making money" then why would you take a "comprehensive class?" Sure, a educational programmed that teaches you the basic from A to Z and then moves forward to the intermediate and advanced levels is going to give you a better foundation for a long term career in the field, but maybe that is not what you are looking for at the present time. Maybe what you're looking for is a course that can deliver profits as soon as possible. If that is the case, longevity might not be as important as present popularity. There are many courses, which instead of providing you a real understand of the market, the emphasis is getting you up and running towards making money in a quick fashion. If fact, there are even courses that allow you to have the same portfolio as the professional trader that is running the course.

Specific Techniques

Another type of course which is very similar to what was mentioned above are classes that are taught using a technique developed by the mentor. These concepts are usually only taught in this course and no where else. These types of curriculums rarely provide a broad based education, but focus on "one man's way of making money" in the Forex markets. They usually are not based a popular method of trading such as using trend lines, signals based or indicator driven. But, the trainer has developed a method of currency trading through experience and for what ever reason wanted to share it with the world.

There are so many courses available that when you first start looking for them you are going to be confused by information overload. Just stay persistent and be sure of what you are looking for and you should be able to find a course that meets you individual needs. Just make sure that the Forex trading training course you enroll in is rated a "Top Tier" product and you will be fine.

William R. Alheim, Jr., CPA, MA - We have researched 100's of Courses and only listed our TOP 10 COURSES the rest we threw out so you don't have too. You can also 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!

Do Forex Indicators Really Help Professional Currency Traders Make Millions Utilizing Them?

By William Alheim Jr

The financial crisis in the United States where so many mortgage lenders either failed or needed to be bailed out might have been bad for the stock markets, but the professional and private currency investors loved it. In fact, a big bank failing once a week or so would suit them just fine. Why, because the Forex indicators where so easy to read and consistent once a currency made a trend line turn the traders had some of there best weeks ever. Where as, the stock traders for the most part suffered substantial losses.

The financial disaster reminded me of my brother and hurricanes. He is a painting contractor in the state of Florida and every time a hurricane comes through the state he makes millions. If you sit and observe him watching TV you will find him rooting for a hurricane just like somebody watching a football game. He will start yelling, "no don't go to Louisiana, they have already had enough this year, can't we just get one big one in Florida?" One mans tragedy is another mans blessing, as the saying goes. And thanks to the financial catastrophe in America there are many FX traders on the way to the Bahamas for a vacation or maybe permanently, who knows? But, we surely one happy bunch!

Now that you know the institutions and private investors participating in the Forex markets did real well due to the mess in the US, I am sure your wondering, exactly how did they do it? A Forex indicator can come from so many different sources; in fact you are bombarded with them every time you watch the news on television or read the newspaper. You just have to be aware of them and know how to use them. The dollar after the news coverage of a specific event was like a bouncing rubber ball offering huge profit potential if you knew how to take advantage of it. One of the most important Forex indicators actually come in the form of reports from governments world wide, interviews with public officials and leaks by those same officials when they don't want their name associated with a story.

After you receive a Forex indicator from reputable news source the next step in the process is fairly simple. Do exactly what the professionals do, which is look for a signal from their software that the currency relating to the news coverage has been received and you are ready to make a move. If you are a conservative trader you might want to check and determine if the trend line on that currency has also moved. If you receive all three of these indicators and they are all consistent with each other then this represents a HUGE buying opportunity and it is time to be in the market. Exactly how many of these do you need to make substantial sums of money, don't bother I will tell you, NOT TOO MANY! If you keep it simple and follow your Forex indicators and don't get greedy thinking you know everything you are on your way to financial freedom all of want.

William R. Alheim, Jr., CPA, MA - We have researched 100's of Systems and only listed our TOP 10 SYSTEMS and we threw out the rest so you don't have too. You can also 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!

A Review of Forex Assassin - A Software Based Currency Trading System

By William Alheim Jr

Product Description

The Forex Assassin is based on following the four steps below.

Step 1: Each Saturday you extract exact prices from the market.

Step 2: You take those numbers and plug them to the Forex Assassin formula.

Step 3: The formula immediately calculates out exact entry, take profit and stop loss prices.

Step 4: You set the orders with your broker. The software was developed on the following premise; "that the most successful and easy to implement Forex systems are the ones that are the easiest to trade and are 100% mechanical."

Product Key Points

1) It is a 'price driven' system. In other words, uses absolutely NO indicators whatsoever.

2) Can be used by even the most inexperienced traders. The system is so easy to use that even if you have never traded Forex before you will be on your way in less than 5 minutes.

3) Has been proven to generate as much as $800 from a single trade.

4) Over 1500 Forex traders have already taken the class and learned formula.

5) It is an easy to implement Forex systems and is 100% mechanical.

6) The simple formula is a reflection of what the developer has learned throughout a long period of trial and error.

Product Review

This a Formula based software ingenuous programmed requiring you to enter data in a specific section of the software and is rated as a Low Top Tier Product. The Forex Assassin made consistently profitable trades during testing. The core reasons it did not receive a higher rating was it depends on you entering the data yourself, which of course could possibly lead to human error. The final rating was calculated at 8.5 out of 10. Under normal circumstances an 8.5 does not make our Top 10 list, but the Forex Assassin did because of its profit ratios per trade were at the high end of the range. In the future, if an upgrade of the software is introduced which does not require human intervention this product should see a significant jump in its rating level.

William R. Alheim, Jr., CPA, MA - We have researched 100's of Systems and only listed our TOP 10 SYSTEMS and we threw out the rest so you don't have too. You can also 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!