Forewarning on Forex Trading Forex Courses Teach Beginners How To Trade

Forex Courses Teach Beginners How To Trade

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When it comes to forex trading courses, there are two main categories: Online courses and Individual training. Online courses can be compared to distance learning in a college-level class. An instructor provides PowerPoint presentations, ebooks, trading simulations and so on. A trader will move through the beginner, intermediate and advanced levels that most online courses offer. For a trader with limited foreign exchange knowledge, a course like this can be invaluable. These courses can range from $50 to well into the hundreds of dollars. Individual training is much more specific, and it is advised that a trader have basic forex training before entering. An assigned mentor, typically a successful trader, will go through strategy and risk management but spend the bulk of the time teaching through placing actual trades. Individual training runs between $1,000 and $10,000.
Source: http://investopedia.com/articles/forex/08/forex-trading-courses.asp