Good Forex Club To Join

Hi,

I am new to the forex game looking to invest. I would like to join a forex club with live chat and watch over the shoulder of an experienced trader something like www.schooloftrade.com? There price scares me $599 & $3999 for there advanced package which I could invest that amount in forex!

Is it better to go with a UK training school?

Thanks.

Google forex500club.com. Dan is/(was?) charging 100 quid a month. Try it for a couple of months, see what you think. Also Google Phil Newton he's as good as it gets and the cost is in the same ball park.

Better to save your money rather than wasting it on any forex courses.


http://www.trade2win.com/boards/day-...ames-wave.html

This is good advice. At the very least, make sure you exhaust the very considerable (if rather scattered) free resources of sites like this and forex factory before paying for anything.

yes, forex courses are a clomplete waste of time
http://screencast.com/t/SK9efkHdeh - this is what a member of our community said
My video is www.youtube.com/thetradermike

Mike

waste of time money better spent elsewhere! For god sake if your training in any field in life you need education from an educational body. Price is another thing but not having group of like minded people in the same field gears up for complete failure.

If you can't make it in this field on your own, you're not going to make it at all. IMO one needs to make their own observations about the market, and come up with a trading style that suits them. These 'educational bodies' only regurgitate what you would you find for free anyway. They may pretend to have 'secrets' or some fantastic trading methodology, but even if they do it may not work for you. One can easily come up with profitable strategies using their own nouse once you have a read up on the key topics of technical analysis, money & risk management and trading psychology. These are the first steps to take IMO.

I was being flippant Guys, sorry. If you want to be a professional in any field you need expert training from a successful practioner. One of my recent members made 800+ points in his first 3 dasy of trading.

Why? He listened to exactly what I taught him, many new traders don't do this, as adults we love to complicate things; it's easier to teach teenager to some extent, if you find one that can concentrate and follow your rules!

There is a lot of free material out there but I would suggest you don't risk your capital untill you have spent many many hours researching afterwards. A quicker option is to find a mentor / course that is proven.


Mike Hamilton