Best free courses in currency trading
If you are just starting in currency trading, or looking to sharpen your trading skills, there are many courses in currency trading to choose from - and this article will help you find the information you need to make large profits.
One of the advantages of the Internet, is that most information is available for free - once you know what to look for, you're all set.
Lets put together a personalized currency trading course to help you make big profits you desire.
First, be wary!
There are a number of vendors on net sales of currency trading courses that claim 90% accuracy, and promise that you can make hundreds of thousands a year without any effort. A word of advice - do not buy!
A trading method is easy to put together, and here we will show you how to put together a free.
Technical Analysis
Currencies trend well - and the major trends can last several months, even years.
Your goal is to lock in and hold these trends for profit. All the information you need to know about technical analysis, the network is free - so do your homework
A simple method that made millions
The most effective method of trading currencies is based on a breakout philosophy.
This method has worked for years - and it will continue to work - if you read about it, you'll understand why - it is simple to understand, and easy to trade.
Do not be deceived by its simplicity - much of the world's top traders, including the legendary turtle, has earned millions from him - and so have many others.
You should filter the breakout, and the best two are Bollinger bands, and stochastics - to confirm trades.
Now IMPORTANT BIT
Trading above method will work - and you will understand, so we should have confidence in him - but the main problem for all traders is discipline.
In your currency trading course, you need some motivation, and knowledge of the importance of discipline.
Again not need to buy more than price of course - you just buy some books from some of the best traders in the world.
Unlike many vendors who claimed they found the path to huge profits (yet still sell courses) can learn from traders who have been there, done it - and earn millions of dollars.
Several good books of the big traders will give you far greater value - here are some of the best:
Market Wizards and New Market Wizards - Jack D. Shwager - great interviews with some of the best traders of all time.
Also these books:
Larry Williams - one of his books - a great read, and a trading legend
Jake Bernstein - the best part about his books, and his insight into the minds of traders - all his books are worth reading.
Trader Vic - Vic Sperendeo - trading legend. Great book for novice or a pro cover psychology, money management and strategy
Read the above books and combine them with the trading method given here - and you're on your way to making big trading profits.
Buying a ready-made course
We do not recommend the real exchange rate to buy - because you can get all the information you need for free on the net, and books. Now, it's not to say there are not any good courses there - just do the following:
1st Ignore courses that promise 90% accuracy, etc. - Look for courses that have real sales copy.
2nd Many good courses give free trials - so take your time and shop around.
3rd Try and find out the background of the seller - and look to see if they made any money from their own methods.
Go with gut feeling - and not get caught up in the hype of the sales copy.
Tuesday, June 14, 2011
Subscribe to:
Post Comments (Atom)
Popular Posts
Powered by Blogger.
No comments:
Post a Comment