I have just registered on Babypips. Have gone through the site for about 30 minutes. I have learnt so much and have taken the quiz. I learnt about this site on the South African news where a 23 year old claims to be the youngest South African news and was offering free training.
I actually found out that it was all a scam and that he had been using BabyPips school information to teach people to trade and he had been passing it off as his own. What I would like to know is if it is possible to learn trading online completely or do I have to find one of those training schools before I can master everything?
Also is Trading good for everyone or is for people with a Mathematical background?
I have found a wealth of information and still plan to continue daily before I can make any actual trading.
I regret to realize that there are such scammers and plagiarists. That is good that you found out all this.
I believe that all in all it is necessary to take on some kind of forex schools. It will be investment in yourself, what is important if you want to become successful trader. You often ivest, especially on beginning stages, get new knowledge and implement them in your trading. By the way, there are many successful traders on different forums who offer tutorial, and lots of recommendations to keep your trading journal, fix there everything you find interesting, difficult to understand, important and so on. As it has been mentioned in pipsology school here, learnin never ends in forex) Therefore, becoming a skillful trader is a long hard road. Anyway, I wish you great profits and to become the most successful trader you possibly can be as soon as possible!
In my opinion, you don’t need to attend fancy/expensive trading seminars to learn how to trade succesfully. There is a wealth of information on the internet. The school of pipsology here at babypips is a great start.
A very important thing though, you must not look at Sandile Shezi and be fooled into believing that it is a very easy way of becoming filthy rich. I have been at it for 2+ years now, and only now start trading profitably. I don’t know what Shezi’s story is , how he became so rich, I still want to look into it, but I don’t have much love for someone who can take all the hard work that went into making the school of pipsology and charge for seminars and make money by selling the exact same thing.
But to get back to your training. Get a demo account and practice what you learn. After months of practicing, you can proceed to a real account.