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[mrbrint]

Yeah agreed. There are some ok cources, howver most of them are pretty basic with HUGE price tags. One of my friends dropped like 4000$ on a course, then threw 2k into a mini. His end result a month later he is down 1500$ meanwhile Ive never seen my equity dip below 12.5% and as of right now I am profitable despite some blunders. What did I pay I put 1750$ into a mini account and read some books, even bought the mti course from ebay with a buddy of mine for 88$ a peice. Is it worth 3k? I dont really think so it is all pretty basic knowledge that has been available in 80% of the stuff I had read before. The only distinct advange was that it was a video series and I have to admit that helped the learning curve. So 2 people entered fx and 1 is already almost out of the game within a month and a bit and Im in my 3rd month. I dont think Im really any better than anyone else. I think the key difference was that when I put the money into my fx account I understood that it was a small part of my portfolio (I mainly have stocks and some secureds which churn of income) so if I lost it whatever and I knew that if I learned from lessons quickly I could succeed in this market so long as I remebered that the market will be here tomorrow for another opportunity so no need to bet the farm on the wrong side of a trade. There are many providers of "education" and in my experience a lot of it is pretty basic. Basic is good but at the same time it leaves some to be desired.

[Persiankiwi]

Originally Posted by mrbrint

Yeah agreed. There are some ok cources, howver most of them are pretty basic with HUGE price tags. One of my friends dropped like 4000$ on a course, then threw 2k into a mini. His end result a month later he is down 1500$ meanwhile Ive never seen my equity dip below 12.5% and as of right now I am profitable despite some blunders. What did I pay I put 1750$ into a mini account and read some books, even bought the mti course from ebay with a buddy of mine for 88$ a peice. Is it worth 3k? I dont really think so it is all pretty basic knowledge that has been available in 80% of the stuff I had read before. The only distinct advange was that it was a video series and I have to admit that helped the learning curve. So 2 people entered fx and 1 is already almost out of the game within a month and a bit and Im in my 3rd month. I dont think Im really any better than anyone else. I think the key difference was that when I put the money into my fx account I understood that it was a small part of my portfolio (I mainly have stocks and some secureds which churn of income) so if I lost it whatever and I knew that if I learned from lessons quickly I could succeed in this market so long as I remebered that the market will be here tomorrow for another opportunity so no need to bet the farm on the wrong side of a trade. There are many providers of "education" and in my experience a lot of it is pretty basic. Basic is good but at the same time it leaves some to be desired.

I have done precisely the same as you. I can see right through the scams. Basically what you are paying for is for a group of guys to go through carefully orchestrated charts with you in a room and send you out feeling like you already made your first million!!!

pk

[pinger]

I'll give you a simple hint

when you consider where to pay for courceware or whatever form of learning for those markets just ask your teacher or who pretends to be a teacher how much in % per anum and how much time he stand with those records and who audited them i bet 99% of so called teachers will run away : ))

and btw i'm not selling nothin' here
thanks

[Persiankiwi]

Originally Posted by pinger

I'll give you a simple hint

when you consider where to pay for courceware or whatever form of learning for those markets just ask your teacher or who pretends to be a teacher how much in % per anum and how much time he stand with those records and who audited them i bet 99% of so called teachers will run away : ))

and btw i'm not selling nothin' here
thanks

Any logical person who has developed a system to make money on forex consistently must be doing well and making literally millions. why bother selling such a system at £99 or £999 or £9999 or even £99999 when you can work from the comfort of your own home and not have to deal with newbies etc....

I am so sorry to say this, but the more they charge the bigger the cowboy....

pk

[greengreen]

Originally Posted by cambista

Hello everyone,

I’m a forex trader beginner and I’m going to take a Three-Days Workshop in Quebec, Canada, and I have to decide between 2 companies that are giving the workshop:

The first company offering the workshop is: Market Traders Institute. Web site: www.markettraders.com
CEO/President: Jared F. Martinez. Course: The 10 Keys to Successful Trading

The second company is: Profit Trade FX. Web site: www.profitradefx.com
Name of the course: ProfiTrade FX's 3-day workshop. Giving by Michel Julien (a professional trader)

As you must know those workshops are expensive and I don’t want to waste my money with bad course. However the second company is offering the course 1,000 USD cheaper than the first one…

Please I would like to know if anybody have already taken the workshop with one of the companies mentioned …..Does anybody know those companies ? Are they reliables companies?

I have to decide by next Wednesday, so please help me…

Thanks a lot for your help,

Cambista

MTI is one of the best,yes! we have worked with them. the money will be well spelled.

[akshaytalwar]

so many people probably trade for a living, be it dealers of any sort stock brokers and the like!!!

[hale24]

Originally Posted by Isamu

Hi guys,

Just read a thread that was really interesting, and touched on something that I would like to ask.

Someone said that they will be trading full time for a living later on this year, and I find myself in the same position. The question that I have is:

When trading for a living, how to do you pull your profits out and still have your account grow? (I'm not sure if I worded that correctly, do you take out what you need each month for bills and let the rest grow?)

Thanks for you imput!

~isamu

hi there!

If you are considering a career as a broker or trader, you should learn as much as you can about the financial markets. Reading The Wall Street Journal or The Financial Times, or watching the financial news on CNBC, is a good way to start.

[CashSplash]

Well this is business yeah, but its just too risky to put your life and family on the line. It is something like gambling you can say, unless you found a "holy grail" (which doesn't exist)


best regards

[uncle dan]

Trading for a living seems very difficult, I have reach a stage where I a breaking even. I have a small pension which helps to cut the pressure when trading. I use fairly tight stops & let the market run the stops are move to near B/E leaving a few pips as B/E is often hit on retracement the stops are moved when showing a good profit my trades are timed & close if there is little movement.

UNCLE DAN

[Studog]

And, you dont need to waste your money on fabrications of past principles, or repackaged forms of support and resistance which all work fine in hindsight.
Have a look here:
Sure our site isnt "glam" but we are traders that have no problem publishing our daily results with our automated trading software.
Ask yourself before you blow more cash on another course which amounts to little more than "the reasons you didnt trade successfully in the past"
whether it might be better to be ahead of the curve.

[uncle dan]

Hi Studog.

I hope to improve my system, only been trading this price action for a matter of weeks. I use a live account & testing differert ratios, I am testing a 7 to 1, stop & target, looks ok useing eur/usd @ the moment. any suggesting welcome.



UNCLE DAN.