Many newby traders ask themselves this question- how to learn to trade?The vast majority of new traders entering the Forex market do not have any specialized education.
This is due to the fact that thanks to modern technologies, Forex trading has become available to almost everyone. (for this it is enough to have a computer connected to the Internet).
Newbies start to make their first deals and lose quite naturally.
At this moment they understand that a trader is a serious profession and, like any other profession, it requires some training (after all, it would never occur to anyone, for example, to fly an airplane without prior training in piloting skills).
Having felt the need to learn on a rapidly decreasing deposit, a trader sees two options for learning the basics of trading. The first option involves paid training in one of the many dealing centers providing market access services.
The second option is to master the basics of trading on your own. Can I learn to trade on my own?
Yes, it is possible, moreover, in my opinion, this path is more optimal. Optimal, firstly, in terms of the amount of costs. Why give some uncle a pretty tidy sum for the fact that he will voice to you information that is already freely available on the Internet. After all, this amount can be invested in trading (not immediately, of course, but after training on a demo account ).
Believe me, paid training courses will not provide you with any unique information for the simple reason that they do not have any unique information. There are no secrets, allegedly known only to the so-called trading gurus, and which they are willing to share with the elite, naturally, for a substantial monetary reward.
I repeat, all the information you need is freely available, you just need to skillfully pick it up and use it wisely.
I recently heard the argument in favor of paid training in trading. One student, who has already deposited money and is undergoing training, argued with foam at the mouth that the main advantage of this type of training is the systematic presentation of the material and the ability to ask questions during the training, getting answers to them. But here’s what I think about it.
Trading is a profession that requires a person who wants to master it, a certain level of intellectual development.
So, pay attention to the question: why should a person who is unable to systematically organize independent training and find on the Internet the answers to the questions that arise in the learning process to start trading? (and I can hardly believe that paid training courses will turn such a person into a stable earning trader).
For important tips for those who decided to master trading on their own, read the article: How to start trading Forex from scratch.