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I believe learning from a memtor could be the fastest and easiest way to learn the basics first. Some others believe you can as well learn it yourself with the help of sources like e-books and Forex sites but I am strongly of the opinion that having one you can easily fall back on through a direct question and answer gives you a higher percentage of understanding it faster.
Of course,if you have one around you it would make the learning more easy and faster cos that's almost like a practical if there is a mentor. Well,a trader needs to be independent in forex so that when the mentor is not around,the trader would be able to trade on his/her own.
Sure, they always have reasons of time and it has happened to me as well but I still think the payment (if any) wasn't much to them, well I don't know how it's done there but I know here you can get one but he will tell you the maximum duration he is willing to spend with you and the hours he is availableNot that easy to get a mentor around because some of them will see their trading as there priority whereby wont have the time to teach you more. So better start on your one then the asist of a mentor could be a bonus for you. I came in contact with many mentors but the same reason kept coming. Which is the time factor.
I have always believed that a personal mentor will speed up the learning process.Of course,if you have one around you it would make the learning more easy and faster cos that's almost like a practical if there is a mentor. Well,a trader needs to be independent in forex so that when the mentor is not around,the trader would be able to trade on his/her own.
Sure, they always have reasons of time and it has happened to me as well but I still think the payment (if any) wasn't much to them, well I don't know how it's done there but I know here you can get one but he will tell you the maximum duration he is willing to spend with you and the hours he is available
I have always believed that a personal mentor will speed up the learning process.
There are no different ways of learning forex trading. Learning has to be done basically with the demo account and also readimg of some written articles by forex expertise . also having a ,mentor is mostly needed thats how I learnt my own.
Different individuals have that which works for them and whoever discovers what works for him or her should stick by it. Some might prefer a personal tutor to put them through before they can learn well while others need just to read about the basics and then go to the practical part of it which is the Demo.Well,it all depends,like me,I don't have any mentor and the little I know I know it through websites and forums. Yes,demo account is really needed for forex trading but don't feel that the demo account is only meant for the forex beginners.
Different individuals have that which works for them and whoever discovers what works for him or her should stick by it. Some might prefer a personal tutor to put them through before they can learn well while others need just to read about the basics and then go to the practical part of it which is the Demo.
You know I was discussing with someone online about how effective the use of personal tutor is in learning Forex and he was saying you can get the same thing (not even almost) online. I have had the experience both ways and I truly believe a personal tutor who is knowledgeable enough will always give you an advantage over all others.Well, at the start I started fprex trading with the help of a friend way back then who is now successful and running his own popular exchanging site in nigeria, he taught me forex trading and was like a tutor to me. But that was so easy for me due to I need not to crack my brain due to he was an exprienced and profiting tarder altogether.