There are some great currency trading courses that can give you a head start in your quest for profits and here we will look at the criteria you should use for finding one which can help you achieve the success you desire...
First, many courses make huge claims and have systems that are supposed to give you huge regular profits so ignore any forex robot course or trading signal course that carries this disclaimer.
"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".
Most of these currency trading courses have no chance of teaching you anything and the fact that they present a track record and then put the above warning on gives currency trading a bad name.
Now look for the following:
A Specific Currency Trading Strategy
You don't need to know currency trading basics, you can get all that for free online you want something that will give you a trading edge and enable you to enter the 5% of winners.
Ignore any course that claims you will learn to do the following:
- Learn secrets - a contradiction in terms as if everyone knows them they can't be secrets!
- Predict market moves - You cant predict you trade reality
- Day trading courses - day trading simply doesn't work so don't try
- Scientific theories - Don't work, if there was a scientific theory of market movement, we would all know the answer in advance and there would be no market!
Look for a sensible, odds based trading system which either long term trend follows, or swing trades.
Forex trading is not an area you get success with no effort and you can't follow anyone to success.
You need to learn what you are taught - only then will you be able to apply your currency trading system with discipline and this is the key to trading success.
Look for unlimited email support and check that the retailer of the course is a trader. You can test this by simply asking some questions before you buy and see what response you get and how quick it is.
Finally look for a money back guarantee in full - if you are not satisfied.
Choosing a currency trading course is really common sense.
Ignore the hype and get one which will give you a solid grounding in the subject, plenty if support and a trading edge, you can learn and apply for big trading profits.
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