Should a New Trader Take a Forex Trading Course or Not?
If you're new to the currency market, then this article will give you an overview on what you'll be learning in any new trading seminar. If any of the terms are unfamiliar, then you should certainly find out what they all mean to not fall behind! Here's the article:
Many new traders come with little or no education to the forex market, only to blow out their entire account in matter of days.
Because the have never learnt anything about how the FOREX works, technical analysis, strategy's, traders psychology, chart set up and many other important things you should know before you start to trade.
So, knowing this, it is important for new traders to have some serious education about forex before you go trading LIVE.
What type of education?
How much should a trader spend?
Just think about this: it is very easy to lose an entire forex account with no education, whether it is a $1000 or a $100,000 account, personally, I would learn forex first before wasting my money.
What lessons a trader should learn in a forex trading course or with online forex instructors:
What is Forex?, Currency Pairs, Order types,...
Technical Indicators, Candlestick, Types of charts, Patterns, Moving Averages, Support&Resistance, Trend Lines,..
Entry Setup, Limit Levels, Where to place a stop levels,...
Special Chart patterns with high probability to look for,...
How to succeed in Forex trading and how to avoid pitfalls, Holy grail,..
Toby Smitz - Daily Operations Forex Trading Course
Article Source: http://EzineArticles.com/?expert=Toby_Smitz
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