Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

5 things to do and avoid when selecting a good forex course

365 views

Published on

Based on student's and my personal experience - tricks that most *forex trainers pulled throughout the years of business.
These are the 5 things that forex traders should look out for.

To view full image of *trade posting, read here: http://onlineforexmaster.com/2016/09/5-things-to-avoid-singapore-forex-course/

Published in: Education
  • Be the first to comment

5 things to do and avoid when selecting a good forex course

  1. 1. FOREX COURSE 5 TIPS TO SELECT A GOOD By a veteran trainer in forex trading www. onlineforexmaster. com
  2. 2. HI! I'M BINNI As a veteran trainer/trader in this business for 10 years, I have seen competitors pulling tricks on new learners. My student shared with me the tricks they pulled and hope others could avoid her mistakes. It's important to know WHAT to look out for when selecting a good forex course.
  3. 3. 5 SIGNS OF RED ALERT Forex Trainers do lots of motivation talk, lots of rallying, 'feel good' activities & talking about others experience. #1 Forex Trainers who teach textbook materials - concept that can be found in public domain or print - FOR FREE. #2 Forex Trainers who do further up selling#3
  4. 4. 5 SIGNS OF RED ALERT Forex Trainer who promise support but provide NONE. Ask for help but no one can help. Experience is different before becoming a paying student #4 Forex Trainer claimed/highlighted how much was being made but never share the trade entry beforehand. Can't provide any proof that the trade was announces beforehand #5
  5. 5. 5 SIGNS OF RED ALERT Additionally, my student was shown lots of mobile screen captures that show trading profits only. This can be done: Open DEMO account Do concurrent BUY and SELL on same currency pair Close the losers brag about the winning trades
  6. 6. MY THOUGHTS What was being shared with me wasn't new Some competitors pulled such tricks 10 years ago New entrants came in & pull the same tricks These are the 5 tips to judge a forex course. Try asking these questions when you attend a forex preview!
  7. 7. 5 TIPS TO JUDGE A FOREX COURSE #1 FOCUS ON WHAT YOU WANT WHEN LOOK FOR FOREX COURSES Your objective: learn forex to make money Focus on what the trainer & the course can help you to achieve your objective Focus on outcome of your learnings Good trade, good trade management, good money management will generate higher probability of making money
  8. 8. 5 TIPS TO JUDGE A FOREX COURSE #2 ASK FOR TRADES THAT WAS DONE RECENTLY AS LEARNING OUTCOME Look for proof like timestamps, dates, price levels. For example, my trades posted in G+ are timestamped. They were tweeted and telegram to my students To ensure that I can't hide losing trades My trades were provided before price actions happened, not on hindsight
  9. 9. EXAMPLE OF MY TRADE POSTING
  10. 10. 5 TIPS TO JUDGE A FOREX COURSE #3 ASK FOR BASICS OF TRADES DONE Why they choose this trade? How was trade being managed? Where is the entry, exit level? Why was that point being chosen?
  11. 11. 5 TIPS TO JUDGE A FOREX COURSE #4 HOW OFTEN ARE TRADES BEING DISCUSSED AND TALKED ABOUT? You are involved forex trading for money Number of quality trades = money If you are not asking about trades, but focus on whether trainer drives a Ferrari or other students made hundred thousand, then you are barking the wrong tree
  12. 12. 5 TIPS TO JUDGE A FOREX COURSE #5 ASK FOR A TRADE DIARY OF JOURNAL A good trader will keep a trading journal/diary Look at the journal, look for patterns such as small losses, big gains (only this method can win in the long run) Look out for trade duration - you will know if you can execute such trades on your own in future
  13. 13. THOSE WHO ARE REALLY GOOD AND KNOW HOW TO TRADE DARE TO TALK TRADES. THOSE WHO ARE NOT, DIVERT YOUR ATTENTION & TALK THINGS LIKE MOTIVATION AND HOW MUCH MONEY YOU CAN MAKE OR CARS YOU CAN BUY Binni Ong, onlineforexmaster
  14. 14. THANKS! www. onlineforexmaster. com

×