Have you paid out thousands on different Forex seminars or courses only to find they did not improve your trading skills? I can tell you now you are not alone as it is a common problem with virtually all structured courses. Success is never guaranteed with any course, but it is almost certain you have not gained anything to help increase your winning trade percentage.
As I have said, this problem exists with all structured courses as they are designed to be very generic and non-specific. They can help people grasp a fundamental overview of everything involved in Forex trading, but they don't address your problem of learning how to improve your trading skills. The truth is no Forex course is able to achieve what you want because they are not designed to help you, they are designed to give a basic education on the Forex market and are not aimed at improving your trading skills.
Some of the concepts covered in the courses are useful in terms of giving you an education, but they won't help you succeed at Forex. You may have become more familiar with risk management and may have included losing trades in your calculations - but your trading skills have not improved as you still lose the same amount of trades. The only advantage is that you are now more aware of risk management and when you do lose a trade, you don't lose as much money as you would have before having that understanding.
Many people could have wasted their money completely as they already had a good understanding of how the Forex market works and therefore gained no benefit at all. The simple truth is no structured Forex course can deliver guaranteed improvements in trading skills as they are not designed around live trading environments. Most Forex seminars take examples from real market conditions and discuss the theory behind why it happened - but that is with hindsight. They are not able to help you improve your trading skills if a similar trend was starting to occur in real-time.
For some people a structured Forex course will provide some limited benefits as it will educate them on how things work. However, professionals who trade daily and actually make money on a regular basis will virtually ignore the advice given as it simply isn't applicable on a daily basis.
Fortunately there is a solution at http://www.forex-brotherhood.co.uk with daily hot reports and daily seminars. Instead of having to pay huge fees up front for courses that simply do not work, the Forex brotherhood is a monthly subscription service that both educates you and improves your trading skills. |
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