No One Should Ever Pay For A Beginner Course | Page 7 | Forex Factory

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No One Should Ever Pay For A Beginner Course

  • #121
  • Oct 31, 2016 7:34am Oct 31, 2016 7:34am
Quoting Butterscotch
Taking paid course for training is depends on person's choice. Not every person can learn by self, so they need a mentor to learn well. We all know that self learning is best in this business but people do not how to start and where to start that is why they take paid course.
Agree, it depends on the person's own needs. There are also people who can do trading without learning accompanied by a mentor, he could try and learn by himself. so everything is relative depending on needs.
  • #122
  • Oct 31, 2016 3:54pm Oct 31, 2016 3:54pm
Quoting Tier
Paying for training courses is the most foolish thing. To get educated, you can attend, study a ton of webinars and forums.
Some webinars are paid for though an yes forums like that of forexfactory is he right place to pick up good stuffs .
  • #123
  • Nov 1, 2016 6:54am Nov 1, 2016 6:54am
There are a lot of free webinars out there too.
When it comes to trading knowledge I, personally, have only ever been willing to pay for books - books written by famous, successful, knowledgeable traders, that have gone through editor control and are well-reviewed by general readers.
  • #124
  • Nov 1, 2016 11:58am Nov 1, 2016 11:58am
Quoting richieforex
I agree moonshot there is so much information out there for the beginner. What I would say is that if anything there is too much and for beginner it can I suppose be overwhelming. A course could become attractive because the information is organised. For a beginner I would suggest the best place to start is babypips as they run a school. Then maybe a book to help develop a strategy and then just use forums.
Babypips is legit, or even Tradimo has good stuff.
  • #125
  • Nov 4, 2016 8:59am Nov 4, 2016 8:59am
And this is unfortunately what those "online courses" prey on when trying to suck us in to buy their courses or strategies or whatever is this promise that their strategy or course will take care of the trading for us, will manage the psychology for us
  • #126
  • Nov 7, 2016 5:13am Nov 7, 2016 5:13am
No one can manage your psyche but you. I am sure that there are people who can give good advice about how to do it, but ultimately the individual trader has to learn how to do that for themselves.
  • #127
  • Nov 9, 2016 12:09am Nov 9, 2016 12:09am
Quoting moonshot
The Aim of this thread is to help Rookies out there looking for quality free beginner courses get the best possible, and not to fall in the clutters of bogus paid courses. There are a lot of bogus courses out there. I am not so much concerned about the advanced trading courses, but rather the beginner courses. Some providers are charging for traders to take their beginner courses, and in my opinion, the only stage a trader should begin to contemplate about taking a paid course is at advanced levels. As for beginners, there is too much online available...
I definitely agree that newbies should not pay for beginner courses. However, the best way to learn forex is by following a mentor. I've seen countless rookies reading Babypips without understanding where to begin afterwards. Some read to the extent that they have information overload. Some may not even get some concepts right except some experienced folk explains to them.

In all, find a mentor whose strategy you follow. It will save you alot of time and endless frustratihon. Also, you can get yourself into a community of traders where you share thought and ideas about a trade. This also improves your confidence level
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  • #128
  • Nov 14, 2016 8:08am Nov 14, 2016 8:08am
Agree and I also went through BabyPips' "school" when started. It is jargon free and widely popular in China and free translations were also made by some traders
  • #129
  • Nov 16, 2016 12:59am Nov 16, 2016 12:59am
it goes without saying that newbies should not have to pay for any beginner course..for all the info they need is already available for free,, right here, on baby pips and countless other resources
  • #130
  • Nov 17, 2016 7:13am Nov 17, 2016 7:13am
I can vouch for this.

Paid for 2 courses, never got anything out of them or benefited my trading. Don't waste your money on it and instead save that money to use on your brokerage account to allow you to trade large positions.
  • #131
  • Nov 22, 2016 4:49am Nov 22, 2016 4:49am
Quoting Ivanyo
I can vouch for this. Paid for 2 courses, never got anything out of them or benefited my trading. Don't waste your money on it and instead save that money to use on your brokerage account to allow you to trade large positions.
That's a good point that should definitely be mentioned - the money one wastes on usually unhelpful trading courses can be invested in trading while seeking bigger profits.
  • #132
  • Nov 22, 2016 6:57am Nov 22, 2016 6:57am
10 years back,  I started trading with the knowledge I gain from baby pips,  and forex factory members was really helpful with great post and discussions. But sadly there are a lot of online course for forex that only aim to scam newbies. There are few real deal. I hope people just start from baby pips and slowly climb up the learning curve with minimal deposit.
  • #133
  • Nov 25, 2016 6:37am Nov 25, 2016 6:37am
Quoting Kratos5
10 years back, ÂÂ I started trading with the knowledge I gain from baby pips, ÂÂ and forex factory members was really helpful with great post and discussions. But sadly there are a lot of online course for forex that only aim to scam newbies. There are few real deal. I hope people just start from baby pips and slowly climb up the learning curve with minimal deposit.
  • #134
  • Dec 11, 2016 6:25pm Dec 11, 2016 6:25pm
Indeed, Forex Education is a must to provide by every broker and company offering such services. Trading is a real risk and I know only a few that actually offer educational courses for beginning traders. Its a right that all beginners should have. But on the other end of the spectrum most of those I have encountered who ask for help when I refer them to such a good broker they always say "I just want to put in money and win, are there any auto-trader or robot?" It's sad but a lot of people are like this. At the end of the lose they blame the broker.
  • #135
  • Dec 11, 2016 8:13pm Dec 11, 2016 8:13pm
Quoting BugattiBoy
oh and to add to this topic i have been watching alot of different people on youtube over the last two weeks, but the person i would strongly recommend is Oliver Velez, he just makes it so simple you can see he has been doing this for a long time, im not here to promote him im here to help you not waste two weeks as i have looking at different peoples strategies as a beginner to find a perfect strategy i have been on here FF for two weeks tryna copy other peoples strategies but none has been as clear as Oliver Velez, simple price action and two...
I am using that method as well "KISS". I am adding something else.
  • #136
  • Dec 12, 2016 12:08am Dec 12, 2016 12:08am
The people should controle their animal instincts!.
  • #137
  • Nov 5, 2020 1:24am Nov 5, 2020 1:24am
Every beginner should learn properly before starting trading. Without proper learning, they can not make money from this market.
  • #138
  • Nov 6, 2020 11:48pm Nov 6, 2020 11:48pm
MOSTLY the people selling courses are not making money in the markets, else they would not be selling courses.
  • #139
  • Nov 9, 2020 5:35am Nov 9, 2020 5:35am
Most of the time educational course can not give you freedom to do whatever you want to do. So, learn with your own brain and try to make money from this market with your own strategy.
  • #140
  • Nov 9, 2020 7:58am Nov 9, 2020 7:58am
Any course gives us basic understanding of trading. You can take course to analyse the charts. But success depends on how you understand the market. Course is a helping hand but doesn't guarantee you success.
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