Hey guys, I having been trading on and off for about a year and came across this company called financial markets online. I went to one of their webinars and I am part of their VIP group but now they are offering a 3 day course in order to learn how to trade and follow a tried and tested strategy they promise will make you money. here is the kicker, it cost £1456 including VAT. I see they have good reviews on trust pilot so i wanted advise on whether it is worth it or should I just stick to education and forums like babypips that are free.99. Any advice you can give would be great p.s I am a student
The first thing you should do is not buy a course.
Research, back-testing and demo accounts are free. A very small trading account in which you practice with minimum positions sizes will cost very little and will teach you so much.
When you have more knowledge and a little limited experience, then you will “know what you need to know”. At that point you can simply find the answers to the questions that are stopping you being consistently profitable. Rather than getting the answers some trainer wants to sell you,
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Hi no need to buy a course , all you need is free and available here and on youtube. Look at the education here and check youtube for a basic strategy. Test that strategy in a demo for 30 days and see how you get on will save you a lot of money
If stuck there are plenty here who trade for a living and will help you in the right direction
Kind Regards
Langers
The Scruffy Trader
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Have you done the free course here?
There are many on this forum that will tell you that all you need to do is complete the Babypips course and watch youtube videos and the world will be your oyster.
This is called being delusional.
Don’t get me wrong Babypips is a great place to start and yes there is a small amount of youtube content that is good. But seriously there is so much garbage online that it will take you a lifetime to sort fact from fiction.
I cannot comment on Financial Markets Online as I know nothing about them. However I can say from experience finding a good course that suits your trading style and getting mentored on how to trade will save you a mountain of time and frustration in your quest to become a successful trader.
Pay nothing to learn to trade and you get nothing in return. Pay peanuts for a course and probably you will be taught by a monkey. Quality courses will cost you money but in my opinion worth every penny.
Trading is a serious business requiring serious education and lots of hard work. A helping hand from a good teachers can make it easier.
Hope this helps.
Cheers
Blackduck
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Maybe I should stop selling my courses for $10 
I have a public track-record, some of my students have a public track-record. System has been back-tested manually and with an EA (that I share for free in my course).
All I have to do is to buy some reviews on Trustpilot and add a bunch of 0s to my current price
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Could you send me the link to your course
Sorry, I don’t think I can put any link here.
If you type “Federico Sellitti” on YouTube, you find my channel, open any of my videos, you will find everything in the description box.
Facebook, Twitter, link to my courses etc. 
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If you are thinking of such paid course, first do you research about who is teaching it and what they teach you. Look up the instructor on LinkedIn. Have they got Professional Forex Trading experience? (For a bank or hedge fund) Does the course teach fundamental analysis? Or purely gambling on just technical indicators?
My opinion only is you must be very careful and often you can find free learning material instead of paying lots.
You can only win consistently with good money management and strong psychology.
There can be 2 same traders with the same strategy, with 1 winning and the other 1 losing.
I can probably help you to guide you at a fraction of that pay.
Crash course for 3 days wont help at all.
Your emotion is going to screw the strategy because you wont be able to appreciate the core of the strategy.
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I will also add my two cents worth and say that paying for a course is not as bad as some people make it out to be.
That does not mean that all paid courses are good and you cant find the same information on the internet for free. So they do have a point but it does depend.
However, you cant learn Forex for free in my opinion. It will still cost you time and money to learn, regardless of the content being free.
With that being said. paying to learn from someone that has a proven track record can speed things up and potentially cost you less in the long run.
This is what you have to verify. Can they provide you with a track record of performance?
What does the promise mean exactly? If you dont make money, will you get the cost of the course reimbursed? (I doubt it)
Just thoroughly investigate these claims.
Then what you have to consider is how long would it take for you to get a (potential) return on your investment.
If their system has made an average of 5% per month and you plan to start trading with $500, well, it will take you 5 years to recover the cost of course. With everything else being equal.
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In my experience, starting with a demo account was the way to go. Real world actual experience of the market, combined wtih a genuine hunger to learn will get you there.
I completed baby pips school which was free and very useful. I took notes and wrote down key info. It’s full of useful things such as sources for latest economic news and economic calendars which are great tools to keep up to date with the movements of economies your trading in. As well as that i then opened a real account and started trading peanuts. You make so many mistakes there but you learn so so much, that was how i succeeded in becoming consistently profitable. It’s something you’ll need to take seriously and be resilliant at - meaning not letting the losses stop you, but teach you instead.
I didn’t spend a penny and now i’m making slow money that will increase every year as my account grows, i’d recommend that.
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Hey Federico! We trade very differently but I liked the very clear explanations in your videos. You have a knack for teaching. I enjoyed watching some of your videos, in particular the RSI video.
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Hey QuadPip, wow, thank you very much 
Almost 1500 GBP for a three-day course?! They can’t be serious.
You can’t learn to trade for three days, no matter what trading “secrets” the instructor shares. It’s not possible.
That is logical if you take it literally. No one, even the moderators of these courses, expect those who take the course to be competent traders in three days.
What should seriously happen is that a new trader learns the fundamental of that trading method and then over a much longer period perfects their ability to apply what they have learnt and achieve success.
Cheers
Blackduck
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I do totally agree with you Blackduck,
There is so much garbage online that not only will take you a life time to sort that out but also will get you into very bad habits that will later be very difficult to get ride off.
Sadly the same is true with the trading educators, this days anyone call themselves trading gurus and you will start paying for courses that will teach you nothing but garbage. Take it from me that I have been trading for many years and I had try everything out there.
Now few months ago i found a guy how has been opening my eyes and turning everything i knew about trading upside down. He does take the time to do live sessions with you to make sure you understand the material and believe me it does takes more than 3 days to learn. He also tells you not to trade until you have finish the course and everything falls into place.
I’m very happy with the way he has teach me to look at the markets and I’m starting to become profitable at last.
I’m not going to publicise his course here but if anyone is interested I believe they can find him out on twitter @ewpro4
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Look forward to what you publish.
Everything you said in your post is correct.
Good luck and happy trading.
Cheers
Blackduck
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They should not advertise it that way then.
Also, I don’t think that a newbie has enough foundation knowledge to understand the subject matter taught in a three-day course, if that subject matter is something particularly specific. On the other hand, you can’t teach said foundation knowledge in three days.
I’ve been to several of these type of courses and the moderator normally gives you, the student, a manual of what you are learning in the course. If you are any sort of a student you then take that manual and study it. If you are any sort of student you make copable amount of notes so as to be able to reference them after the course has ended. If you are any sort of a student you ask many questions and again record the answers to those questions for future reference. That’s how you learn and whilst you may not learn everything you need to know, hopefully you will learn more than you knew before the course and hopefully that will make you a better trader than you were before the course.
It’s not a perfect world and there are no magic bullets, although many on this forum think there is, and any form of knowledge is valuable.
Learning to trade is like taking a university degree. It takes may classes studying many subjects for many days over many years.
The last thing is you commented that a “newbie does’t have enough knowledge to understand the subject matter”. That is being a little presumptive as you do not know what the knowledge base of the student is as not all newbies are the same.
Cheers
Blackduck
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