and joining websites that make claims. “you will be a great trader if you follow my method” I go to Nick B’s site all the time. I recently spotted Nial Fuller and a few others. What is the overall opinion on them?
Books, sites etc etc claim everyone else system is garbage and they are correct. Just looking for a little insight. (I like nicks site a lot of free stuff and good traders hang out there, but when I see several like it I wonder about them)
Nial Fuller and Nick B will not teach you anything that you cannot learn for free. Don’t fall into the trap that you have to purchase an education in Forex. The people that do have not demonstrated to have any higher probability of success than those that learn for free.
The library is packed with info.
I think what most guys want to offer is a ticket around the studying. ‘show the ropes’ I was never considering buying into a program. There is a guy I know that says he can save me a bunch of time by training me his indicator method. I would rather learn the right way and do it myself, have a real understanding of the market. However I do need to be pointed in the right direction. Everything I picked up from Nick has been free, which is ok, but I wonder if its just an intro to the ‘real deal’
This may not make sense to you now, but in the end you have to learn to trade your way. Time and again, I see new traders frustrated because they are trading someone else’s methodology and yet it is not working for them. 90%+ of trading is psychological. So you have to soak in as much info as possible to find what you are most comfortable with.
For me, my persona is that of one who is ambitiously lazy. Meaning that I want success without working hard for it. Of having the willingness to work hard for a short period of time and have the results pay off exponentially.
As a result, I trade off the daily charts as I only need to actually work for maybe 15 minutes to a half hour a day. I did not always know that’s what was best for my persona. I tried every scalping method, every indicator based intranet day trading system out there.
In the end, it was a bare naked chart that was all that I need.
This will take time for you to figure out what type of trader you are and which method will work best for you. And in this process, do not fool yourself into thinking that you have to pay someone else for their knowledge. You are not them, you are you. There is enough information for free for you to succeed.
Wow…
you just described me. I’m willing to do the work now in hopes of a lucrative low effort carreer later (if that’s what you meant) I am still finding my style so to speak. I don’t have much time now because of work,which is more motivation. I find these places on the web that look like they can save time, simple (in a technical analysis kind of way) and common sense based methods so I figure why not give it a try. There is no forex degree program. I don’t have a mentor that understands me or understands my goals. So I search… Your advice is a cold water thrown in my face! Thank you.
btw, Steve Nisons view, reading candles and price action makes the most the most sense to me, I don’t fully understand it, but that seems like the path I should go down.
Great place to start. I trade nothing but price action.
I think that you will not get any greater benefit from buying training materials. All the stuff is online. The rest is just experience (which is also a big factor too) and that is something that you cannot buy.
I agree with the advice others have given here. In my opinion, there are two types of people in the markets who make money, good traders and people who sell stuff. If you want to sell stuff, learn from people who are good at selling stuff. If you want to be a good trader, learn from good traders. The exception is well written books by good traders. They are usually worth the investment. Just my opinion.
Happy Trading
I’m struggling to think of a single book that meets that requirement 
Ill tell you what, whatever you want to buy just give me 20$ less than what they want and ill give you the same information, though much more simplified: Google. Everything you will need can be found on Google, even some books I’m sure.
simbafx, I agree. In my opinion, most books on trading Forex are trash. But for general trading mechanics, I would recommend Trading Your Way to Financial Freedom, by Van K. Tharp. To see how traders think, I’d recommend Market Wizards, by Jack D. Schwager. Also in my opinion, one should keep an open mind, listen very well to everything, but believe nothing until it is personally well tested. The amount of crap sold as the “Holy Grail” is staggering. And don’t believe anything I say either. I could be wrong as hell and just plain lucky.
What else/who else false into that category of price action and candle analysis?
Trendlines
Lines of Support and resistance
1-2-3 patterns
Gartleys and butterflies