@NGAATU...with all due respect,the net has bridged alot of in terms of education. Going on a demo account for at least 4 months will greatly provide one with the necessary skills and information on forex trading. Fleecing people in the name of giving them classes on forex trading is one path i do not encourage.

I went through babypips.com before i started trading. That is where i received my education on forex trading. Coupled with a demo account for 5 months,i was able to start earning a living in forex trading. If i can do that,what makes other minds of inferior quality that i have to TEACH them forex trading @ ridiculous fees?

Anyone wanting to learn about the forex market can do so absolutely free at www.babypips.com...if someone feels that they need to complement that knowledge,they can always visit one of the so called forex colleges but at least they will be doing so as a matter of informed choice.




Anyone who lives within their means suffers from a lack of imagination

Ngaatu and Toni,

Me I am a serious believer in having a trading plan. A system is just having a trading plan and sticking to it. You can do this manually or in automation.

This maneno of someone having experience and skill in FX is true but the risks are just too high. At least for me. My personal feel is that I would never let anybody trade my account on a discretionary basis. But that is just me. And I encourage everybody else to be more adventurous.

I've met over 400 experts in FX who profess their experience.

Ebu just ask them to show you their account statements! Heh,it is like asking them to sell you their mother!

If you persist and threaten and the finally do see these statements,you just collapse out of sheer shock and have some crazy seizure.

Whenever someone says he is an expert,ALWAYS ASK FOR THE ACCOUNT STATEMENT. Every time. Without fail.

So for me,with all possible respect to professional FX traders,my money stays with a clear pre-explained mathematical system of trading. I know exactly why and when a trade is being taken because the math says so.

As Xnjambi says - ikienda mbaya,I know why and we can examine the mathematics again in a very open fashion. Once that is done,we rectify.

Low stress. I do not need to trust someone's experience. Especially someone who is mortal,can get sick,can get mad,can get bored,can get excited,can change careers,can quit trading and not transfer his skills.

FX is risky enough. I cannot risk more on someone's discretion - especially my own.

Its true one can learn alot from the net (my techs I learnt from the net),but it may take a while for someone to fully grasp everything. But if someone has alot of interest,and dedication,one can make it. But the college fees that you save,you MAY endup paying some of it to the market by way of learning mistakes. But this is allowed. Or one may go to college and learn in a short while,but still have to learn (practice) abit on their own before hitting it live. Take 3-5 months of demo practice.

But the best teachers would be experience and learning from others.

We can start by posting afew lessons/tricks here for the newbies (am not saying am experienced)

Seems the EURUSD bus is back again. I think I will climb it for 40-50pips.

The EDS has just booked for me 398 pips in profit today. Happy fundamental trading fellaz.