i think there is a course on this babypips site. in the school.
premierpip:
i’m currently thinking if i should put my money on mentors and systems. mentors are way way expensive, but if they are good, why not? systems are good, but they one day, the system fail, you’re on your own. so what do you people think?
is there any mentor/system you guys recommend?
If you can find a Mentor who already making profits consistently to teach you trading sitting beside you. I think that is the best scenario.
Because the whole learning process will be more fun while you are interacting with real person (your mentor).
If you do know any friends who is making money consistenly from forex trading & he is willing to trade side by side with you daily, i think that is the perfect scenario…
purplepatchforex:
I think you’ll find it near impossible to find a course that teaches you how to build a system, in my view for that purpose you won’t beat BabyPips.
I don’t think anyone would actually say never take a course it’s not worth it.
Let me attempt to crystallise my thoughts.
Maybe you could learn trading by sitting with a mentor and trading with him for a few or months, but is that practical? Is it achievable? I don’t think so, a profitable independent trader wouldn’t want to do that, why would he? He’s an independent trader to start with so that’s what he wants to be ‘independent’, and would it work in terms of time.
Next best thing? Trading rooms, never used one personally, my aim from the start was to be independent, but I think there is value in it and probably a lot to be learned.
$97 ‘rip off’ PDFS, never what they are cracked up to be, but if you have some money to spare, and want to build your own systems, you may find them useful, but then again only to prove that it’s probably not as good as some of the information on here.
There is a saying (but there always is with forex) that trading is 20% system and 80% psychology, so if you put it this way - if you’re only paying 20% of the total value of the course because 80% of it is down to you and your psychology, what is the value you are getting?
Not sure if that’s very crystal, but main thing is be savvy!
i roughly get the idea of what you are saying. although it sounds abit too in depth. haha. i’ll slowly digest it.
sophieolivia:
If you can find a Mentor who already making profits consistently to teach you trading sitting beside you. I think that is the best scenario.
Because the whole learning process will be more fun while you are interacting with real person (your mentor).
If you do know any friends who is making money consistenly from forex trading & he is willing to trade side by side with you daily, i think that is the perfect scenario…
yeah… it may seem so perfect. having a trader who earn consistently through forex to sit beside me and teach me.
BUT unfortunately, i’m not that lucky. people around me know nuts about forex.
premierpip:
can i have the url?
Babypips.com is the site, just click on the School tab near the top of the screen
My thoughts are deja vu - http://forums.babypips.com/newbie-island/40330-do-courses-mentors-call-services-just-want-take-your-money.html
Spotted, someone else that forgets what he’s posted, ha ha, that’ll be the brandy my friend, it don’t do much good for your memory, I can vouch for that.
I thought the blogs in the babypip.com is also can act as mentor, courses, coaches, trainners,… It’s free!!!
Yeah, I know. The trading results are not tabulated in the table form as a glance.
It will be perfect in Babypip.com that all these blogs has the life update of the % winning trades and % losing trade.