Hello everyone, I started trading the forex market earlier in 2019. I completed the babypips course 6 months ago and I proceeded to practicing in the live markets. Unfortunately, I am not quite where I want to be with my self learning process. I know I will either have to invest in myself and cut the learning curve, or I will end up giving the market the money I could have used to invest in myself. I tried to develop my style to narrow as possible and I am getting very better but I still lack somethings I know with the help of experience would be on my side. So I want to cut the time factor by getting a course from a reputable trader. I trade the 4hr charts with strictly naked charts. I donāt use any indicator at all.
I need to decide between Nial Fuller and Nivan Prithyani of Urban forex. Please give an advise if you have actually used their course. Thank you guys! I really do not want to throw my money away on the wrong course.
Hi fxelitelearner,
Good to hear youāre learning to trade forex. Theres no harm in reaching out to a mentor or doing a course.
I have never heard of nivan of urban forex but from what I can see he teaches very basic things in his course and he himself has no record of ever being profitable from trading. Also he keeps up selling more and more courses. It sounds like you should watch and read his free stuff but dont pay for anything. Nial fuller has roughly the same story, you can watch his free education to learn. Hopefully someone who has done his course can shine some light on his techniques. I will say one thing, Iāve never heard of someone becoming rich from nial fuller, therefore I think he teaches more theory rather than a profitable strategy. You can get education for free from videos and books.
Why dont you discuss your ideas on this forum. That way traders with varying experience can help you cut your learning time in half for free.
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Have you actually thought maybe you actually know enough to already make money?
We always assume we need more info because this is generally how we approach other areas of life.
But in trading the simplest things work best.
If you really want more āknowledgeā purchase the Brett Steenbarger group of books and go to his website.
Sounds like your embarking on a journey for the Holy Grail to me, give that up before you even begin.
There are many free systems out there, all with good results if traded correctly.
Its a fallacy that more learning will result in more profit or speed up the process.
Maybe its even better you go back to demo until you can trade in your sleep?
If you are using real money and are currently questioning your methods you could be on a slippery slope.
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Hi fxelitelearner
You are right you donāt want to throw money away on the wrong course.
Unfortunately you need to decide what type of trading do you want to do and what type of trading suits your personality and personal circumstances: IE how much time you have to devote to trading and how much capital you have in your trading account.
For example, if you want to day trade and want to use a mechanical method of trading then there are relative inexpensive courses run by Sterling Suhur (Day Trading Forex Live) or Trader Dale. If you want to scalp or swing trade then a good course is Al Brooks. Al Brooks also writes several very good books and he is a Price Action Trader.
If you want to learn to position trade over a longer period of time then Common Sense Commodities with David Duty is very good choice. Although his course is a lot more expensive. Or there is Wyckoff method of position trading, however that course is also very expensive but very good.
I have experience with all of these and have completed several of the courses. However I am not paid to endorse their products.
My personal favourite purely because it suits my style of trading, is Al Brooks. I like to day trade and he teaches a style that allows you to read price action to know what traders are doing and then trade accordingly.
Check them out. You may find one that tickles your fancy.
Cheers
Blackduck
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Iāve been through Nial Fullerās course. Not bad, but I donāt think itās worth the money, just my opinion.
I donāt know about Nivanās course, sorry.
Good luck!
Can you please further elaborate why? The method didnāt suit your trading style? or generally just not what it for any trading style.
I agree with Johnscott31
"We always assume we need more info because this is generally how we approach other areas of life.
But in trading the simplest things work best."
A simple easy to follow trading system is best. It is the other stuff, risk management, trade management, emotional management and the ability to be consistent to your trading plan, have a process for trade analysis and patience, that will contribute to your development and sharpen your edge progressively.
A book that really opened my eyes in trading was āTrading in the Zoneā by Mark Douglas. He was a trading coach for many years and talks about the many paradoxes in trading, because like what Johnscott31 said āWe always assume we need more info because this is generally how we approach other areas of life.ā
What works in trading seems to go against what works in life. We need to learn to learn to think differently in order to be a consistent profitable trader, because if we donāt, in my opinion, it wonāt matter what trading system we use, they will all lose money.
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Can you please further elaborate why? The method didnāt suit your trading style? or generally just not what it for any trading style.
Yes I agree, I have read that book already. It is a good one. However, I need to learn some of the things that are currently not within my reach. I want to learn price action from a professional to shorten my learning curve.
I have read AL Brooks book. It is lengthy and extremely theoretical.
I believe that the information he shares are useful, but you can find it elsewhere, for a much cheaper price. Also, you pay to get his support if you want to ask further questions.
His analyses are usually: āif the price does that, then we might do thisā. He doesnāt say: "Iām going long, right now, right here, with this stop loss and this take profit."
Very convenient to structure your analyses like that, I can also be 100% right if I say: āif EUR/USD goes in this area, I might buyā. Then I can say that I bought if it turned out to be a good move, or say that I didnāt if I was wrong 
If you are struggling with trading, maybe it is worth to try if you can get something from that course that can represent the key to turn your career around.
PS: I started that course that I was already a full-time trader and already attended courses after courses and read hundreds of books. Maybe I havenāt been too excited because I found many concepts a bit old, but they might be totally new and eye-opening to you.
PS2: I just joined Master Price Action 2.0 by Urban Forex. We will see 
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Okay thatās cool. Couldnāt get good reviews about urban forex so decided not to try it out. Plus I learnt that itās a beginners course as he advices people to further buy his $1k course to advance the MPA. I would love to know how the first week goes
Would you mind sharing what free systems you know of that have good results if traded correctly?
Try the system taught to the Turtles for one.
It can be adapted for short term trading.
Pretty much any standard price action strategy.
Inside bars, fakeys, pins.
Fractal breakouts - Bill Williams
Smash bars Larry Williams
Demark Trendlines - Tom Demark
You might need to play around with exits, but they all great for entries.
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There are free course and tutorials first try them, if they also not helpful then you should move to any paid course, I think all are same, the strategies are different.
Howās the MPA 2.0 going so far?
I got some material, apparently it is unlocked week by week. I havenāt started yet because Iām busy with my trading, but I will let you know
Would you be ok to share the material? someone was asking about price action courses.
Do you trade any of these systems?
With regards to the turtle system Iām pretty sure it no longer works, I remember trying it years ago when I first started out.