To become a professional in any field, whether it is trading or any other activity, knowledge and skills are almost everything. These days education is not reduced to conventional schools, universities and academies. The Internet opens vast opportunities for those who want to study. , Europe’s best online Forex training project, is glad to announce that October 6th 2012 will be an open day. The academy’s instructors will conduct multiple master classes for potential students in order to show them the real potential of capital markets, including Forex.
What is trading? Why do some traders win while others lose? What is needed to become a successful trader? These and many other questions will serve as the basis of those master classes and seminars.
Knowledge is power and a key to success!
We can definitely say that 1/3rd of the success in trading depends on the trader’s ability to choose the right trading instruments, tools and techniques (trading skills), another 1/3rd depends on his/her ability to stick to the trading system and the remaining 1/3rd is determined by money management skills. Even brief analysis shows that the lack of any of the 3 components leads to inevitable losses, experts say.
Most beginning traders are mostly focused on studying technical and fundamental analysis, simultaneously ignoring other aspects of trading, which are no less important. They are constantly looking for the “Holy Grail” of trading, some magic indicators or trading robots that will make a fortune for them. But in reality, they only keep losing money. Most importantly, beginners forget about such key aspects of successful trading as discipline and money management. Alas, there is no perfect indicator. So, losing is a part of the game. Another thing is whether winning trades dominate over losers. Following fundamental rules may increase the efficiency of your trading. Moreover, there are many money management techniques, from the simplest to the most complicated ones.
And one more thing: experts always recommend starting from a demo account. Never trade for real money until you have a solid base and decent trading skills.
Training Approaches
Forex trading is for mentally tough guys! The job is risky and needs mastering.
These days there are many training options. You can study Forex trading on your own or you can visit courses and seminars. Unfortunately, most training courses on Forex (both paid and free) are not enough to become a professional trader. These courses are the ABC of trading.
Studying on one’s own is time-consuming and requires effort and diligence. This is a hard way to the top. Obviously, it is much easier to become a student of a skilled instructor, who is a successful Forex trader at the same time. He/ she can teach you the craft of trading much faster and more efficiently.
is just the right place to study and master Forex trading. The school for beginners under is FREE!!! Yet it will teach you the same stuff (the ABC of trading) for free (unlike multiple courses that are rather costly (hundreds or even thousands of dollars). Then you can go on with the training process in the academy itself.
Moreover, the open day will give everyone an opportunity to have a closer look at Forex and other markets and to decide whether they want to become traders.
Obviously, you cannot become a successful trader in a week or month. It requires time, effort, money, diligence, enthusiasm… and a good teacher. You cannot teach anyone how to do something if you cannot do it yourself. Therefore, only traders should teach how to trade. Luckily, was created by real traders. They know how to trade Forex successfully and they can teach you to do the same!
