Forex course: Is it worth?

Forex course, learn to trade! Does is really means anything in the modern sophisticated and highly competitive environment? Really that is a tough question if by any Forex course you would be a profitable trader. Indeed you need a Forex course but is it really helpful, I am not so sure.

Of course all over internet when you look for a Forex course you would find a myriad of providers of different kind of Forex and trading courses: scalping, swing trading, investment strategies etc.

However from the start there are two ways and you have to choose the way from the beginning. The first thing is to use a third party to trade for you, the other way is to learn to trade by yourself. Of course after that you may combine the approaches but it is a starting choice. As everybody knows time is money and maybe you cannot afford the time to learn to trade, to follow the markets on a daily basis and to adapt to the market conditions. It is an absolute truth that everybody underestimates the time necessary in order to have a proper understanding in the markets. In fact it takes years, and on the other hand it never ends, because the markets change constantly and you have to Research and Develop your strategies in order to keep with the markets.

Well the question is if a Forex course may help you if you choose to trade by yourself? The answer is probably yes, it may help you to learn quite fast the basics. On the other hand the basics of the technical analysis are so simple that anybody can learn them for a week. Really, I am not joking, it is not that hard. The added value of a real Forex course is the possibility to talk with real people. The is what you need to look for. Avoid Forex courses that do not offer to you a communication with real people. You need a communication with real discretionary traders.

However you may ask, this is only about discretionary trading, but what about system trading. Is it different. Sure it is, the system trading is completely different story. However as far as I know there are only courses for discretionary trading, price action and technical analysis. In fact the secrets in system trading are quite well kept, I mean for really profitable systems.

So finally there are some interesting Forex courses available, but it is about discretionary trading, scalping, technical analysis, and stuff like that. You may start with some real feed from experienced traders that give a kind of a Forex courses paid actually by the brokers. In another post I would share some resources and links about free Forex courses.