South African forex training schools | Forex Factory

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South African forex training schools

  • #1
  • First Post: Jan 28, 2016 6:46am Jan 28, 2016 6:46am
Hi All, I was wondering if anybody can recommend a good Forex Training School in South Africa because lately these guys are popping up all over the place and enticing people on Instagram with their money and showing off profits, people like Jabulani Ngcobo(Knowledge to Action), Prince Mazibuko(Born Rich Group) Sandile Shezi(Global Forex Institute) there is Probono Investments, Forex Masters, hell there is even one named after this Forum which is Tshomela Forex Factory Holdings, I don't know maybe that guy is one of the founders of Forex Factory, so I ask of my fellow South Africans if you guys can recommend a school for me because now I don't know which ones are legit and which ones are making their income from training and rebates from brokers, please help this newbie

I've tried different strategies here on the Forum but I haven't had much Success, I need guidance and mentorship
  • #2
  • Jan 28, 2016 9:45am Jan 28, 2016 9:45am
I do not know the ones you have mentioned at all. Be careful. Everybody wants a piece of the pie.
It is a well known fact that some people are offering training because for them it is the only way to make money in forex.
Educate yourself. Simple. Everything you need to know is for free on the internet.
Do not waste your time with companies who offer you training. It is a money making scheme.
G
Never Ever Give Up!
  • #3
  • Feb 4, 2016 4:12am Feb 4, 2016 4:12am
Quoting Cobra
I do not know the ones you have mentioned at all. Be careful. Everybody wants a piece of the pie. It is a well known fact that some people are offering training because for them it is the only way to make money in forex. Educate yourself. Simple. Everything you need to know is for free on the internet. Do not waste your time with companies who offer you training. It is a money making scheme. G
Hi Cobra, the reason I want to go for training is to cut my learning time down, like going to school where there are no teachers, the students will fail
  • #4
  • Feb 4, 2016 7:03am Feb 4, 2016 7:03am
​As long as you do not use the SA ones for training.....
This Forum is a good place to learn as well as babypips.com
Also nothing beats "screen time". Nobody can teach you experience.
There are basically no shortcuts in trading. Most info about trading is on the web and free. No need to pay because you WILL not be successful after any training...
Never Ever Give Up!
  • #5
  • Feb 7, 2016 1:22am Feb 7, 2016 1:22am
Quoting BugattiBoy
Hi All, I was wondering if anybody can recommend a good Forex Training School in South Africa
Hi

There are No "GOOD" training schools in RSA yet. I interacted with some of their "marketers" - NO joy - just FUN.

You are better off to go to BabyPips FIRST!!!!!!!!!!!- FINISH their stuff!!(AND use your free library - GOOGLE!!)

AFTER that go to Tradings systems here:
- Trading made Simple
- TMS for M30 charts
- Another Simple System - Time-Frame M15
-The PVSRA thread
- there are some others too.

Keep things SIMPLE(and get screen time) and do not clutter your charts with indicators like an artist on steriods!!!
(ALSO - generally better to follow the OP,s original system than later add-ons!)
(ALSO - NEVER believe ANY promises!)

Cheers
Don't limit yourself!!
  • #6
  • Feb 8, 2016 8:28am Feb 8, 2016 8:28am
Hi Cobra and Mosiskv

Thanks for the advice, I will take your advice given, thanks and I wish your'll many green pips, I was expecting major feedback, since there are Forex schools all
over Facebook, guess there aren't many South Africans on the Forum
  • #7
  • Feb 26, 2016 12:05pm Feb 26, 2016 12:05pm
Quoting BugattiBoy
Hi All, I was wondering if anybody can recommend a good Forex Training School in South Africa because lately these guys are popping up all over the place and enticing people on Instagram with their money and showing off profits, people like Jabulani Ngcobo(Knowledge to Action), Prince Mazibuko(Born Rich Group) Sandile Shezi(Global Forex Institute) there is Probono Investments, Forex Masters, hell there is even one named after this Forum which is Tshomela Forex Factory Holdings, I don't know maybe that guy is one of the founders of Forex Factory,...
Bugatti, do not waste your time and money with these friggin' plonkas. Seems like you're a novice. I recommend to you James16. Start with the free thread here at Forex Factory... if you have the money, join the paid forum. Also, there are a lot of lazy mofos here that do not wish to learn what drives these markets. But if you want to be smart, read "Macroeconomics: Understanding the Global Economy" by Breedon. It's a couple hundred bucks. I could send you the PDF but that would be wrong, right?
  • #8
  • Last Post: Mar 4, 2016 1:24am Mar 4, 2016 1:24am
Quoting incognito517
{quote} Bugatti, do not waste your time and money with these friggin' plonkas. Seems like you're a novice. I recommend to you James16. Start with the free thread here at Forex Factory... if you have the money, join the paid forum. Also, there are a lot of lazy mofos here that do not wish to learn what drives these markets. But if you want to be smart, read "Macroeconomics: Understanding the Global Economy" by Breedon. It's a couple hundred bucks. I could send you the PDF but that would be wrong, right?
Hi Incognito, no that would be the right thing to do, also I have read Daemon Goldsmiths (Darkstar on FF) book on Orderflow trading, which contains both Micro and Macro economics

and I think I understand how the markets work but one can never have enough knowledge in this business, im taking it as a school,

I need to complete certain modules before moving on to the next module
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