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Old 02-02-2008, 01:53 PM
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rhodytrader rhodytrader is offline
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Join Date: Dec 2006
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If you're new to trading you absolutely, positively shouldn't spend your money on any high price tag offering. I am not in the camp of never spending any money because frankly spending a little can save you loads of time and while I can't speak for anyone else, my time is extremely valuable to me (read this: When Free Isnt and Paying Makes Much More Sense).

The mistake a lot of traders make is that they launch themselves into programs and seminars and stuff without knowing where they should be focusing their efforts in the first place. Find a good introductory trading book - not even necessarily one specific to forex, and certainly not one specific to any particular style, system or method - and learn what it's all about. Get a feel for the different ways you can approach trading and see if you can identify one which clicks with you - your niche. Once you've done that, you can get more serious about deeper education and have a much better handle on what's of value to you and what is a complete waste of time.
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