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Saturday, August 29, 2009

How to Win With Forex Training

By Jacob Tremblay

Forex trading is just like anything else in life - to get good at it, all you need is practice. Of course, sometimes you don't have the time (or the money!) to get the practice you need. In that case, the only thing to do is to get some proper training. If you can find someone to teach you the system, or a good quality forex robot with lots of information and advice, you can ramp up your skills in an incredible amount of time.

Today's internet is filled with helpful articles, the library is stuffed with books, and there are so many courses on offer from so many places that it can be impossible to know where to start. Too many people get swamped by the sheer volume of information, and end up with so many conflicting ideas and suggestions they become completely paralyzed, not knowing where to start. The solution to this, if you really want to succeed, is something I call "information overload".

Information Overload is the process of completely immersing yourself in the data. Studying it constantly, and making it so much a part of your life that when it comes time to use your knowledge, you almost instinctively know what to do. I won't lie to you, this a hard path - but the rewards are worth it. If you just want quick, simple success, you can get a for robot, which will do most of the work for you. And yes, they do work, but for myself I prefer to be the master of my craft - not just someone using a tool.

The first thing you need to do is to find an initial information overload source. So, head out to the public library, and ask them for the Forex training books. Once you've found them, pick one randomly. And I mean completely randomly - just close your eyes and grab one, any one. Doesn't matter.

Great! You've picked out a book, and now you just have to read it. This trick here, is to read it fast - keep it with you all the time, and every spare moment (on your break, in a line, during commercials on tv...) you read it. Even just a little bit, even just a paragraph or two, it all counts. And, most importantly, read it just before you fall asleep - several pages, at least. This is essential.

The reason for this is that whatever you are thinking about as you fall asleep, is what your unconscious mind thinks is important to you. The purpose of all this reading is not to try and learn forex, just to get your brain accustomed to constantly having Forex-like information going through it. So keep reading, and don't worry if there's something you don't get - just ignore it and keep going, until you finish the book.

When you finish that book, you can just go back and pick a new one and do it again. Keep going, until you've got enough info in there. You'll find that, once you've passed enough information through your brain, it starts getting overloaded, and things start coming back out. You'll find your mind wanders back to the things you've read, and information you weren't consciously aware of becomes available - maybe you see a chart, and suddenly realize you know what it all means. Don't worry, this is completely normal - you're doing great.

The second stage of information overload, is directed reading. Now you've filled your brain with knowledge, it's time to start learning. Go back to the library, and this time take a look at the books. You may be surprised at how well you know them, and can understand what they're saying. At this point, just let your instinct guide you - don't listen to anyone else. Your subconscious is full of Forex knowledge, and it knows what you need to learn.

Now you've overloaded yourself with Forex information, studying it suddenly becomes incredibly easy. As you read through the book, carefully, you'll probably experience a sense of deja-vu, as all the things you didn't know you'd learned fall into place. Take care this time, and really study the material, and you'll be astounded at how fast you can grasp it.

So you now have all the tools you need to become a master Forex trader. All that's lacking is practice - for that, I suggest you pick up a Forex software package. You need to get experience somehow, and most software packages will give you the tools you need to really come to grips with the material. In the end of course, the human mind is an amazing thing - and you have everything you need right there.

Best of luck to you! - 23221

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