How to Win With Forex Training
A lot of people start trading Forex without really understanding what's going on - and that's a problem. If you don't know what you're doing, it is incredibly easy to mess up. That's where getting some proper Forex training comes in - if you can find someone to teach you the skills you need, you can dramatically reduce the time it takes you to learn. And the money you spend along the way!
So, how do you find the training you need? The answer is, that there is no one good answer. There are literally millions of sources of information, from books, to articles, to video courses and seminars... different people learn in different ways, and it's up to you to find out what works best. My advice, is to practice something I like to call "information overload".
If you just want some quick and easy success, you can buy a Forex robot to automate the system for you. And sure, that will work, but it's not nearly as good as putting the time and effort into becoming an expert. It all depends on whether you're willing to commit the time to achieve true mastery. If you are, then information overload may be for you. On the surface, it seems a simple enough technique, but when practiced regularly it will allow you to become and expert in any field you wish - including Forex trading.
So, the first step in information overloading is to go down to your local library. Find the books on Forex trading (I'm sure there are some!) and stand in front of them. Close your eyes. Pull a book off the shelf. I have no idea what that book is, but it's about Forex, and that's what you're interested in - so go check it out.
Ok, now you've got your first information source - time to start overloading it. I want you to take this book, and keep it with you. Constantly, everywhere you go, and whenever you have the time, read a little bit. Even if you only read a couple of lines, you're still working through it. Read it in your lunch break. Read it on the bus. Read it before bed - especially before bed.
The reason for this is that whatever you are thinking about as you fall asleep, is what your unconscious mind thinks is important to you. The purpose of all this reading is not to try and learn forex, just to get your brain accustomed to constantly having Forex-like information going through it. So keep reading, and don't worry if there's something you don't get - just ignore it and keep going, until you finish the book.
After you've done that book, go and get another one. Keep going until you've got enough info stored away, and you're ready for the next stage. It will be obvious when you're ready - you'll start thinking about Forex randomly, you're brain producing facts and figures, information you weren't consciously aware of. You might even start dreaming about Forex - don't worry, that's a good sign!
The second stage of information overload, is directed reading. Now you've filled your brain with knowledge, it's time to start learning. Go back to the library, and this time take a look at the books. You may be surprised at how well you know them, and can understand what they're saying. At this point, just let your instinct guide you - don't listen to anyone else. Your subconscious is full of Forex knowledge, and it knows what you need to learn.
By now your brain is full of information about Forex, and all you're doing is awakening it. So go through the book, studying it carefully. This time, when you see something you don't understand, investigate it - find another book, look online, whatever. As you study, everything you already know subconsciously will fall into place, allowing you to go through the book with an ease you've probably never know before.
Well, now you've got everything you need, and if you really put your mind to it, I wouldn't be surprised to see you become an skilled Forex trader with only a few weeks of study. I can also suggest, if you can spare the funds, that you find yourself a Forex training program. Something that gives you some hand-on practice, so you can experiment as you learn. In the end of course, you have everything you need inside your own head.
Here's to your success! - 23217
So, how do you find the training you need? The answer is, that there is no one good answer. There are literally millions of sources of information, from books, to articles, to video courses and seminars... different people learn in different ways, and it's up to you to find out what works best. My advice, is to practice something I like to call "information overload".
If you just want some quick and easy success, you can buy a Forex robot to automate the system for you. And sure, that will work, but it's not nearly as good as putting the time and effort into becoming an expert. It all depends on whether you're willing to commit the time to achieve true mastery. If you are, then information overload may be for you. On the surface, it seems a simple enough technique, but when practiced regularly it will allow you to become and expert in any field you wish - including Forex trading.
So, the first step in information overloading is to go down to your local library. Find the books on Forex trading (I'm sure there are some!) and stand in front of them. Close your eyes. Pull a book off the shelf. I have no idea what that book is, but it's about Forex, and that's what you're interested in - so go check it out.
Ok, now you've got your first information source - time to start overloading it. I want you to take this book, and keep it with you. Constantly, everywhere you go, and whenever you have the time, read a little bit. Even if you only read a couple of lines, you're still working through it. Read it in your lunch break. Read it on the bus. Read it before bed - especially before bed.
The reason for this is that whatever you are thinking about as you fall asleep, is what your unconscious mind thinks is important to you. The purpose of all this reading is not to try and learn forex, just to get your brain accustomed to constantly having Forex-like information going through it. So keep reading, and don't worry if there's something you don't get - just ignore it and keep going, until you finish the book.
After you've done that book, go and get another one. Keep going until you've got enough info stored away, and you're ready for the next stage. It will be obvious when you're ready - you'll start thinking about Forex randomly, you're brain producing facts and figures, information you weren't consciously aware of. You might even start dreaming about Forex - don't worry, that's a good sign!
The second stage of information overload, is directed reading. Now you've filled your brain with knowledge, it's time to start learning. Go back to the library, and this time take a look at the books. You may be surprised at how well you know them, and can understand what they're saying. At this point, just let your instinct guide you - don't listen to anyone else. Your subconscious is full of Forex knowledge, and it knows what you need to learn.
By now your brain is full of information about Forex, and all you're doing is awakening it. So go through the book, studying it carefully. This time, when you see something you don't understand, investigate it - find another book, look online, whatever. As you study, everything you already know subconsciously will fall into place, allowing you to go through the book with an ease you've probably never know before.
Well, now you've got everything you need, and if you really put your mind to it, I wouldn't be surprised to see you become an skilled Forex trader with only a few weeks of study. I can also suggest, if you can spare the funds, that you find yourself a Forex training program. Something that gives you some hand-on practice, so you can experiment as you learn. In the end of course, you have everything you need inside your own head.
Here's to your success! - 23217
About the Author:
Author Jacob Tremblay is a long time stock market trader, who is now working on forex trading. Click to take a look at his site, where he provides forex training reviews of some of the leading systems.
posted by X - Men @ 1:05 AM
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