Forex Courses - What's Important to You?
I understand that if you are searching for a forex trading course to use, you will not surely run out of available courses for sale. It doesn't even matter what kind of trader you are. You could be into scalping the market when you go in and out of the market a few times a day or a more tradition position trader where you hold trades for days or weeks.
I am one of those people who believe that before you make the decision of purchasing the course online, you just need to ask yourself "what am I really going to learn if I purchase this?" Am I just going to learn the same generic information that everybody else teaches or will I have a deeper understanding of what makes the market tick, should I purchase this course.
The problem nowadays is that the vast majority of forex trading courses just don't do a good job of explaining why the markets move the way that they do. Instead most just give you some kind of generic system where you throw a bunch of indicators on your charts just to see what sticks.
I don't even know where to begin with what's wrong with this.
How about we start with the obvious, which is indicators are all lagging. If you don't know what this means, all you are doing is trading off of what has already happened to the market, now what will happen to the market.
The other thing is what exactly are these indicators really telling you about the market? Let's look at stochastics for example. These indicators are supposedly useful for telling you whether a currency is either overbought or oversold.
My question is do you truthfully believe that most traders can even comprehend what it means for currencies to overbought or oversold? I dont think so. Most traders just see Stochastics as a bunch of random colors and lines going up and down.
So back to the original question: What exactly are you learning from the course. - 23221
I am one of those people who believe that before you make the decision of purchasing the course online, you just need to ask yourself "what am I really going to learn if I purchase this?" Am I just going to learn the same generic information that everybody else teaches or will I have a deeper understanding of what makes the market tick, should I purchase this course.
The problem nowadays is that the vast majority of forex trading courses just don't do a good job of explaining why the markets move the way that they do. Instead most just give you some kind of generic system where you throw a bunch of indicators on your charts just to see what sticks.
I don't even know where to begin with what's wrong with this.
How about we start with the obvious, which is indicators are all lagging. If you don't know what this means, all you are doing is trading off of what has already happened to the market, now what will happen to the market.
The other thing is what exactly are these indicators really telling you about the market? Let's look at stochastics for example. These indicators are supposedly useful for telling you whether a currency is either overbought or oversold.
My question is do you truthfully believe that most traders can even comprehend what it means for currencies to overbought or oversold? I dont think so. Most traders just see Stochastics as a bunch of random colors and lines going up and down.
So back to the original question: What exactly are you learning from the course. - 23221
About the Author:
If you want to know more about a forex course, then you definitely want to check out millionaires trading forex.
posted by X - Men @ 3:26 AM
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