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Trading Coaches - Can They Help Me?

If you begin a new sport like tennis or golf, after getting set up with all the equipment, what is the next action you would take? Sign up for lessons or find a coach? If you would like to study to become a pilot, would you think of trying to fly without an instructor? Yet many traders will start trading on their own, learning through trial and error and expensive mistakes. Trading stocks, Forex or any other commodity requires guidance and skills that need to be learned and an effective way of attaining or improving skills is with a trading coach.

What is a trading coach? A trading coach is someone that will help you get started in trading or if you already have the experience, help improve your trading. They are experienced traders themselves with many years of experience and can provide objective guidance on your situation and advice on how to proceed. A trading coach can look at your trading results and review your trading plan, and spot areas that need improvement or give suggestions that you may not have thought about.

Trading coaches work privately or in groups. Obviously, one on one session will be more expensive but you will get the full attention of the coach and advice specific to your situation. Private Sessions can be done on the phone, via online chat such as Skype or in person, so it does not matter where the coach is located. Group sessions are often run over a number of weeks and although you do not get the full attention of the coach you do get the benefit of learning from the others in the group.

Some group sessions meet in person, and others use online forums for questions and answers. Recently online 'trading rooms' have become popular for trading coaching. In a trading room, the coach uses software that allows the group to see the coach's screen and allow the group to ask questions and then hear the answer as the coach answers the questions in real time. Often the coach will be analyzing a live Forex or stock market, and this gives the group a chance to understand the thought process of the coach and a chance to ask questions.

Before signing up with a trading coach, it is important to think about what areas you need improving in. You should have kept records of your past results to be able to show where you have been successful and where the losing trades have been. It could be that you need more help in technical analysis or following a trading strategy. If you are not consistent in your trading maybe your trading plan needs work. Some traders find the emotional side of trading difficult and coaches can help with this too.

For more information about Forex trading coaching, go to http://bestdaytradingplatform.com/

Article Source: http://EzineArticles.com/1963215

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How to Choose the Trusted Forex Trade Brokers?

It is true that Forex is mainly how you think and making wise and calculated decisions which will get you sure fire success using Forex trading methods, but on the other hand you might need help from a trusted Forex broker. So, how do you go about looking for one that will be of big help to your success?

This article will quickly deal with the things that we have to look for in a Forex trade broker to make sure that we will be gaining more using the right trading system with their execution. At the same time, we will be looking forward to trading with less risk and more gains in our continuous Forex trades using a system with 89% accuracy and that is founded upon logic mostly used by bankers to gain more wealth.

This article will be dealing more with how we can choose for a trusted Forex broker which will help us materialize the system that is efficient with 89% accuracy with the lowest risk. We can start with as low as $100 and make it six-digits in just a year with the best broker in town.

Brokers Reputation

It should be established that not all brokers are created equal, some brokers lack credibility and accountability. An efficient broker is reliable and has stood the test of time and pressure. Combining our Forex trading system with an efficient broker will lead us to materialize the goal of starting with $100 and reaching six-digits in just a year. Since the system is almost 90% accurate with 3%-9% gain every day, we can ensure that we have less risk and high probability of climbing the ladder of success in Forex.

Brokers should have verifiable records and should have a legitimate office to show that they really do have clean slate in doing Forex trading services.

They should be time-bound and they gain success out of experience. Their performance should gain praises and good reviews for their services should be established.

Regulation

You should understand that any legal action should be governed by rules. The same things apply for brokers. They should be with complete control but it should conform to monetary requirements and rules. These rules should be the logic behind their every action and they should be venerable in imposing such actions.

This quality is essential in applying the Forex trading system we will be utilizing. It will make sure that the accuracy and the efficiency of the model will not bypass any standard rule within the monetary requirements. The low risk factor and the 89% accuracy are based on the effectiveness of the system in dealing with Forex fluctuations and timed executions.

What is the system to best combine with a quality Forex broker? Find out at Forex Online System Trading. Find out why Forex can be one of the most terrible experiences of your life if you ignore this.

Article Source: http://EzineArticles.com/5108257

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On the webinar from a forex online course, you will have to wait long hours to ask your questions to your coach, that be will quickly be answered because 20 other students are waiting in line. A Personalized Forex coach will be 100% dedicated to your learning process only and will be available to answer all your questions immediately.

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Why Is It Important to Have a Personal Forex Coach?

The Forex market is the exchange currency market, which can assure you hundreds and hundreds in monthly income. But, as the market functions on its own set of rules, you first have to learn the rules on which the trading market functions as to be able to win.

Of course, the fact that there are numerous participants to the trading market at the moment means that there is a lot of competition as well. This is why it is rather difficult for a beginner trader to understand the rules on which the trading market functions without the help of a personal coach.

The fact is that you can actually get to the level where you do not need help in order to decide the transactions that suit you best, but this cannot happen at the beginning of your trading experience. First you need some guidance as to understand how to apply all the trading concepts you have read about. And this is where the personal coach comes in handy!

A very important thing about the trading market is that it is the cheapest financial market from the point of view of the initial investment. You do not have to invest millions in order to become rich. This is why the trading market is so attractive for investors. And this is why it is not so easy to gain without coaching.

You only need an initial capital of $250-$300 in order to open your trading account, after which you can upgrade it along with your gains. The fact is that, in order to become successful, you first need to understand the rules of the market. This can easily be done by reading some trading tutorials and closely watching the activity of other traders. Another important fact is to always stay in touch with the activities on the financial markets. The trading market is rather volatile, so you have to permanently keep an eye on the way things are evolving in the financial markets around the world.

Afterwards, you can choose to work with brokers or with Forex robots which can help you stay permanently connected to the changes on the market. These are the instruments which can indicate the best trading moves to make and the best moment to enter or exit a position. So, if you want to earn lots of money in an easy way, all you have to do is to open an account and to start trading!

Article Source: http://EzineArticles.com/6626138

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For a trader the broker is the key partner in his activity, choosing the Right Forex Broker can make a huge difference on the trading results. Differentiate the best forex brokers with professional criteria needs extensive market experience. The Top Forex Brokers 2019 have been thoroughly analyzed in this review. For more information visit here: http://bestdaytradingplatform.com/

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Finding Forex Online Course

Today, Forex online courses programs are available all around the internet. Some of these programs are selling at very cheap and affordable prices while some are really expensive. As far as the course content matters, we still cannot be sure that the more we pay for the course, the better course content we will able to get. Some of these programs are sold with overrated prices.

In this world of Forex market with over trillions of liquidity in value traded daily, it can be a real money-making business for some. It can be tempting when you can visualize the amount of money you are able to make with this market but however the real truth is that only the minority of people in the market who are trading actually make money. The rest of the people are lost on this business. The problem with trading on Forex and earning from it is that it's all seems so easy. The truth behind it is that you will have to go through a process of learning where very strong fundamentals are picked up. The initial steps are the hardest and that is where most of the people failed to make it. It takes great patience to finally learn the skills of trading Forex. The learning curve is pretty steep and it takes some time before you can master it. People are used to getting trained and see results immediately, that is not the case with Forex.

When buying Forex online course, you will need to choose very wisely. There are different levels of tutorials that are available around. As a beginner, it is highly recommended to get the course that teaches the fundamentals and even better, provide you with strategy that you can test with. There are many Forex brokers that you can create a free demo account to test with. What is better is that some of these demo accounts does not have expiry dates, so you can play for as long as you want.

There are also many Forex online course that are scams. The strategy introduced in the program could be a fake strategy that does not make any money. Most of the people are easily cheated as they do not know whether a Forex online course is a genuine one or not. Proofs of profits can be faked easily with these days of advance digital imaging techniques. There is a huge learning curve before one can master the art of Forex training and make a substantial income for living. It is the best to check for recommendations on community sites for this Forex online course.

Tap into the trillion dollar market WITHOUT the risks and learning curve now!

Article Source: http://EzineArticles.com/5202777

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Be coached in 1&1 Skype sessions by a top notch forex trader that will help you to reach a professional Forex trader level. A PERSONALIZED FOREX COACH will be 100% dedicated to your learning process only, and will be available to answer all your questions immediately. A personal forex coach will become a trusted friend who wants and expects the best from you and will challenge you to perform at your best. Doing so, you’ll form a unique mentoring relationship with your personal coach. He will be able to provide you with objective and impactful advice.

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Private Forex Coaching

Forex coaching is considered by many experienced traders to be an essential element to truly succeeding at trading on the Forex market. This is because you're only going to learn what it takes to truly succeed at trading on the Forex market if you learn it through your own experience and mistakes. It can be important to let someone with more experience show you what to do and what not to do.

This is why coaching is so valuable, especially for those with little or no experience at trading on the Forex market. You'll deal with fewer devastating losses and hardships if you are shown what to do by experienced traders before you start trading yourself.

Another reason why coaching is considered to be so valuable for novice traders is because the amount of information you must consider to profitably trade on the Forex market can be overwhelming. A coach or mentor can help you to focus on the specific information you need to utilize when considering what trades to make or not make. It can also help you to focus on it in a way that is easy to understand.

The cost of private sessions that involve coaching can vary. With various software programs, the coach can usually link up his/her computer with yours. This enables you to see and hear everything that the coach is doing. Additionally, you can usually chat with the coach via text messaging so that you can understand exactly what they are doing and why.

With some private session offerings you will not only be in contact with the coach but also with other traders who are at the same skill level as you. This is important because you and the other traders will be able to learn from each other as you learn to progress from being novices to becoming more experienced traders.

It is important to note that Forex coaching via private sessions are not intended to take the place of live workshops. Those workshops are much more intense and usually take several days as compared to a few hours with a coach. However, a coach can help you to become more comfortable and confident in your ability to learn and utilize the material learned in those workshops. This can help you make better trades and increase your profitability when it comes to trading on the market.

Therefore, Forex coaching can be a great benefit to those traders who have little to no experience and are having trouble understanding and applying the concepts presented in Forex classes and/or workshops. While a trader can learn these concepts through hard work and mistakes made while trading on the Forex market, a coach can help that trader learn and apply these concepts much more quickly and far less expensively so that he/she can be making profit on the market much sooner.

For more information on this and other forex subjects please visit: Private Forex Coaching

Article Source: http://EzineArticles.com/5860400

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Being personally coached by a trusted forex broker will help you to save years and a lot of your working capital. Turn your trading ideas into semi/fully automated strategies on MultiCharts platform and Portfolio Trader with the help of a trusted forex broker. Now you can get help from an experienced Algorithmic trader to take your algo strategy to the next level.

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MR Technologies is a dedicated team of market specialists at your service to help you to take advantage of different CFD trading platform.

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Best Forex brokers can be found online. But first, you have to be guided on how to choose them. The best brokers offer technical support. You will never know when you will encounter problems during trade so having good technical support is a plus. This does not only apply to beginners but even to experts as well. A forex broker or a forex brokerage firm is an individual or institute (financial institute, banks, dealers) that serves retail traders orders (sell, buy orders etc.) and provide him with the market liquidity, Forex Brokers can also provide its costumers with such services like manage accounts, provide trading signals, forex education program.

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Stop buying Forex online courses! Those gurus don’t like to teach, they just love your wallet!!

For few years, offers of online Forex/stock market courses/trainings, from “online universities” flourish..

But is it really the best way to learn trading for best Forex broker?

This activity where more than 90% of retail traders consistently lose money.

if I propose to you to transform 3000$ into 30 000 $, with a 1 chance on 10 you will certainly answer me: NO way!!Then why with so low probabilities to make money so many newcomers are enrolling these courses?

Certainly because of the appealing promises of financial freedom, fire your boss, work when you want from where you want, become a profitable trader within 12 months from the comfort of your home… “With this unique training”

A booming industry

Global E-Learning market to Reach $325 billion by 2025 (Research and Markets) from $107 Billion in 2015 (Forbes).

In the Forex/Stock market segment I would say the dream selling industry “coaches” are getting younger, sometimes just over their twenties!!

Probably most of these “coaches” wouldn’t do this job if they had to coach you everyday individually hour after hour supporting you to achieve small progress on your path to become a professional trader, why would they if instead of this they can record videos (that too often are nothing more than a PDF slide with a voice over) then stalking future ” students” on social media, heavily spamming your email with messages like: ” tonight my webinar will change your life forever, secure your seat asap!”

The millionaire trading coaches – their Top skill: trading? NO, marketing!

Online students pay for their training (in average) between 1500 to 9000 euro to enroll.

We all got to see these appealing offers:

A wonderful promotional video, on an endless landing page boasting all the merits of this “Unique training “worth 90000 Euros that you can get for 1999 only if you pay cash within the next 48 hours, because my friend, look at the countdown! This offer will expire in less than 48 hours!

Hurry up! Don’t think too much! And you have a 30 days money back guarantee…

Still not convinced? I will give you my special bonuses worth thousands of $: my crypto (pdf) training (value 499 e) + 12 months email coaching!! (really? can we coach by email??? :)) + 6 webinar coaching’s (where you will be able to wait long hours to ask you your questions, that be will quickly answer because 20 others are waiting in line and it’s already late evening)

Still not convinced? Look at these fabulous success testimonials about my training (that’s where bought on fiver for 10 $ each…)

Doing so, with talented marketers, traders that didn’t make it with trading, finally made it by selling their trainings. Morality: if you’re not a good trader, never give up, LEARN MARKETING!

More seriously

WHAT IT REALLY TAKES TO BECOME A PROFESIONAL /SUCESSFUL TRADER ON THE MARKETS?

A real COMMITMENT from you, and a STUDENTS FOLLOW UP from your coach

The reality is that you can’t commit to a video a pdf or an online webinar

We all know the stats of less than 10 % of profitable retail traders on the markets. But what is the success rate of students trained in video? Probably not more.

As a matter of fact, we’ve personally seen examples of “online” students that started at 12 months training from an online university (for 7990 e), then because of the lack of results, and the great persuasion of another “guru” started 2 years after a training from a competitor “school” for 3500 e (lifetime), not happy with the method switched to another competitor asking (only!) 99euros per month (lifetime if you don’t cancel). This is not an exception.

The N1 cause of this failure is the lack of (personalized) follow up from the coach

A personalized coach, physical or on 1& 1 Skype sessions will create this bond that will trigger a commitment thousand times more efficient than webinars mass “coachings”.

Acquiring the right routines/ automatisms take time in trading like in any other high level discipline, we can’t become a trader in few webinars as we can’t become surgeons or chartered accountant in 12 months.

Looking at the greatest performance coaches on the planet like Tony Robbins, you will see that they working will live “immersion” events, where you can even walk on fire if you feel able; but then when you come back home and the momentum could slow down Tony Robbins Life Coaches will follow up and ensure that you keep the momentum, they will trigger the commitment in by making you accountable of your progress to another individual. This is the 2nd key of successful coaching : accountability.

A personal coach will become a trusted friend who wants and expects the best from you and will challenge you to perform at your best. Doing so, you’ll form a unique mentoring relationship with your personal coach. He will be able to provide you with objective and impactful advice.

Does that mean your personal coach will be better than you in the specific goal you are focusing on? Not necessarily. Coach Phil Jackson was never a better basketball player than Michael Jordan or Kobe Bryant. But Coach Jackson was outstanding at developing a winning game plan, and bringing out the best in his players. The same can be said of other legendary coaches like John Wooden – quality coaches drive quality results.

Now make your calculations for the price of a 5000 $ online video training how many 1&1 sessions you could have from a passionate coach (that is not running after your wallet), if you find the right professional it could be even far less expensive and for sure it will more efficient.

 Article Source: http://bestdaytradingplatform.com/blog-post/stop-buying-forex-online-courses-those-gurus-dont-like-to-teach-they-just-love-your-wallet/

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Best Forex Broker UK

For a trader the broker is the key partner in his activity, choosing the Right Forex Broker can make a huge difference on the trading results. Differentiate the best forex brokers with professional criteria needs extensive market experience. Forex Trading helps you to develop your trading skills and knowledge. Your dedicated coach will help you to acquire the right routines/ automatisms essential in trading like in any other high-level discipline. A Private Forex coach will help to reach a professional level that will ensure your long term profitability.

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How Long to Become a Profitable Trader?

How long to become a profitable trader?

You will easily find dozens of “online trading mentors” who will promise you to become a Professional Forex Trader in 1 or 2 months.

But what is a reasonable needed duration to become a professional trader?

Realistically, Neither 1 month or 2, or even 1 year.

The real question is: how long time can you dedicate to your training on a daily basis?

Forex Trader is a real job that needs to be learned; it requires time and a real commitment.

If you have a full time job, you won’t be able to dedicate as much time as someone who is totally free, it will have an impact on the required time to start to become good.

Realistically, 1 or 2 years of intensive work are needed to become good in trading.

Another important factor is the personal situation.

If the person wants to make a living from trading, provide for his family, without knowing if trading really fits him, it will increase the pressure. In some cases it will push them ahead, but not in every case, some people are strong when facing adversity others not.

It depends also from the financial situation, if it’s complicated; if you need to borrow to trade; if you have a family, high monthly expenses... You must take it into consideration.

Be intelligent, the markets won’t disappear; the most important is to have a long term vision, if you reach your goal is 5 or even 10 years; it’s fantastic! To succeed you need a vision, but also a plan, with this plan you need to ensure your security, like having a risk management software ( check out our solutions here ), think about the case if the worst scenario realizes what would you do, and if this scenario doesn’t put you in a difficult situation.

If you have a good capital it’s different, if you have enough to live for 1 year without earning any income, you will be able to be totally dedicated.

Look at Mark Weinstein example, a true success story in the American style: he began working as a damned to build a capital of $ 20,000. Realizing that his beginnings in trading were naive, he began to seriously study the markets and developed a rigorous methodology based on technical analysis by combining several methods. Determined and ready to work hard, he exiles totally, hangs graphics on the walls of his apartment. After three years, he realizes a gain of 1 million dollars, a performance of 5000%!

Also, you need to have a life partner that will support you during hard moments. If you are stressed on the markets, the markets won’t spare you, there’s a famous stock markets saying: scared money never wins money.

Determination and motivation will be the main keys, you will need to be realistic and give yourself the means to succeed.

Article source:

http://bestdaytradingplatform.com/blog-post/how-long-to-become-a-profitable-trader/

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How to analyze markets like a pro with technical analysis

What technical indicators to use and how to use them properly

How to work with the japanese candlesticks / support/ resistances

The best trading tools /platforms / brokers

How to define a precise trading plan

How to use a professional trading strategy

The trading psychology / behavioral finance

Scalping, Day trading, Swing trading styles

Risk management / Money management techniques

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Custom applications like trading algorithms, monitoring software or risk management tools can be designed in python or C# programming language.

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Custom applications like trading algorithms, monitoring software or risk management tools can be designed in python or C# programming language. Turn your trading ideas into semi/fully automated strategies on MultiCharts platform and Portfolio Trader with the help of a best forex broker UK.