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04-22-2012, 03:18 PM #1
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- Apr 2012
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Forex Tutorials: Cheaper, and Great for Self-Directed Learners
If you don’t feel like you need, or don’t want to pay for, a full-on forex trading school program, an option that may work for you is to use forex tutorials. There are some great forex tutorial learning programs that are extremely affordable.
A forex tutorial will not give you the kind of personal attention that a forex trading classroom might, but if you are a self-directed learner, a couple solid forex tutorials may be all you need to get you up and running trading forex profitably.
When evaluating forex tutorials, look for:
1. An Affordable Price
Because a forex tutorial is a computer program, this type of forex educational material should not be expensive. If a forex tutorial program is good, after all, the provider should be getting enough customers to make money through scale, rather than charging a lot to each individual customer.
2. The Right Degree of Specificity
Do you want to learn forex generally, or do you want to learn more about one particular aspect of forex trading, such as how to trade a certain currency pair? That is a question you will want to ask yourself before using a forex tutorial.
A forex tutorial for beginners will not be of much help to an experienced trader. Likewise, the finer points of a highly specific currency trading strategies program--“How To Trade GBP/USD During the London Open,” for example--will be lost on a rookie.
If you can find a forex tutorial that’s offered at a good price and addresses your specific area of interest, an automated forex training program of this nature may be a super deal.
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04-24-2012, 07:59 AM #2
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- Apr 2012
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I think if you really want to learn forex by yourself, you could start be learning what is forex in general and break it down into its specific components. I would recommend babypips.com as the best place to start getting to know forex. They have everything you would want to know and I know some very good trader that have also started on babypips. No tutorila is good enough if your desire to learn forex is just shallow so it will still boil down on how badly you want to know forex and make it your source of income.
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03-21-2013, 12:49 AM #3
Senior Member
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- Mar 2013
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- 215
The most effective learning tools I've come across, was the free learning courses on babypips. The forex community on reddit. And the trader psychology mini-book on profiforex's website. It made me in to the trader that I am today.
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