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 biggest problem today with most modern forex courses is the fact that they just don't do a particular good job of taking the time to explain to their customer a deeper understanding of the currency markets. All they usually tell you to do is toss a couple of indicators on a chart, as if that's going to solve anything.
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.
Another thing is what exactly are these indicators telling you? For example, lets take a look at stochastics. They are supposed to tell a trader when a currency is either overbought or oversold.
My question to you is that do you honestly think that most traders have the slightest idea what it would mean for a currency to be either overbought or oversold? I highly doubt it! What most traders see in a stochastics indicator is just a bunch of random and arbitrary colors and lines.
All of this goes to the original question I asked in this article. What is it that you are learning? - 23211
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 biggest problem today with most modern forex courses is the fact that they just don't do a particular good job of taking the time to explain to their customer a deeper understanding of the currency markets. All they usually tell you to do is toss a couple of indicators on a chart, as if that's going to solve anything.
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.
Another thing is what exactly are these indicators telling you? For example, lets take a look at stochastics. They are supposed to tell a trader when a currency is either overbought or oversold.
My question to you is that do you honestly think that most traders have the slightest idea what it would mean for a currency to be either overbought or oversold? I highly doubt it! What most traders see in a stochastics indicator is just a bunch of random and arbitrary colors and lines.
All of this goes to the original question I asked in this article. What is it that you are learning? - 23211
About the Author:
If you want to know more about a forex course, then you definitely want to check out forex expert advisors.
posted by X - Men @ 1:49 AM
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