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FOREX COURSE

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

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Page 1: 5 things to do and avoid when selecting a good forex course

FOREX COURSE

5 T IPS TO SELECT AGOOD

By a ve te ran t r a ine r i n f o rext rad ingwww .on l ine fo rexmas te r .com

Page 2: 5 things to do and avoid when selecting a good forex course

HI! I'M BINNIAs a veteran trainer/trader in thisbusiness for 10 years, I have seencompetitors pulling tricks on newlearners.

My student shared with me thetricks they pulled and hope otherscould avoid her mistakes.

It's important to know WHAT tolook out for when selecting a goodforex course.

Page 3: 5 things to do and avoid when selecting a good forex course

5 SIGNS OF RED ALERTForex Trainers do lots of motivationtalk, lots of rallying, 'feel good'

activities & talking about othersexperience.

#1

Forex Trainers who teach textbookmaterials - concept that can be foundin public domain or print - FOR FREE.

#2

Forex Trainers who do further upselling#3

Page 4: 5 things to do and avoid when selecting a good forex course

5 SIGNS OF RED ALERTForex Trainer who promise supportbut provide NONE. Ask for help butno one can help. Experience isdifferent before becoming a payingstudent

#4

Forex Trainer claimed/highlightedhow much was being made but nevershare the trade entry beforehand.

Can't provide any proof that the tradewas announces beforehand

#5

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

5 SIGNS OF RED ALERTAdditionally, my student was shown lots of mobilescreen captures that show trading profits only.

This can be done:

Open DEMO accountDo concurrent BUY and SELL on same currency pairClose the losersbrag about the winning trades

Page 6: 5 things to do and avoid when selecting a good forex course

MY THOUGHTSWhat was being shared with mewasn't newSome competitors pulled such tricks10 years agoNew entrants came in & pull the sametricks

These are the 5 tips to judge aforex course. Try asking thesequestions when you attend a forexpreview!

Page 7: 5 things to do and avoid when selecting a good forex course

5 TIPS TO JUDGE A FOREX COURSE

#1 FOCUS ON WHAT YOU WANT WHENLOOK FOR FOREX COURSES

Your objective: learn forex to makemoneyFocus on what the trainer & the coursecan help you to achieve your objectiveFocus on outcome of your learningsGood trade, good trade management,good money management will generatehigher probability of making money

Page 8: 5 things to do and avoid when selecting a good forex course

5 TIPS TO JUDGE A FOREX COURSE

#2 ASK FOR TRADES THAT WAS DONERECENTLY AS LEARNING OUTCOME

Look for proof like timestamps, dates,price levels.For example, my trades posted in G+ aretimestamped.

They were tweeted and telegram to mystudentsTo ensure that I can't hide losing tradesMy trades were provided before priceactions happened, not on hindsight

Page 9: 5 things to do and avoid when selecting a good forex course

EXAMPLE OF MY TRADE POSTING

Page 10: 5 things to do and avoid when selecting a good forex course

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?

Page 11: 5 things to do and avoid when selecting a good forex course

5 TIPS TO JUDGE A FOREX COURSE

#4 HOW OFTEN ARE TRADES BEINGDISCUSSED AND TALKED ABOUT?

You are involved forex trading for moneyNumber of quality trades = moneyIf you are not asking about trades, butfocus on whether trainer drives a Ferrarior other students made hundredthousand, then you are barking thewrong tree

Page 12: 5 things to do and avoid when selecting a good forex course

5 TIPS TO JUDGE A FOREX COURSE

#5 ASK FOR A TRADE DIARY OF JOURNAL

A good trader will keep a tradingjournal/diaryLook at the journal, look for patternssuch as small losses, big gains (only thismethod can win in the long run)

Look out for trade duration - you willknow if you can execute such trades onyour own in future

Page 13: 5 things to do and avoid when selecting a good forex course

THOSE WHO ARE REALLY GOOD AND KNOW HOWTO TRADE DARE TO TALK TRADES. THOSE WHO

ARE NOT, DIVERT YOUR ATTENTION & TALKTHINGS LIKE MOTIVATION AND HOW MUCH

MONEY YOU CAN MAKE OR CARS YOU CAN BUY

Binni Ong, onlineforexmaster

Page 14: 5 things to do and avoid when selecting a good forex course

THANKS!www .on l ine fo rexmas te r .com