Want to learn to trade Forex?
Many new traders looking to learn to trade forex often waste a lot of time at the beginning of their journey sifting through the endless online material available with a view to mastering the markets by themselves. The easy access to trading platforms and educational materials tends to foster the mindset that aspiring traders can learn to trade forex without any help. However, coming to understand that this is typically wrong, is often the first part of the learning curve.
Of course it is possible to learn to trade forex without any assistance but for the vast majority of traders it is far easier and far quicker to learn to trade forex under the guidance and tutelage of those who have already achieved success in forex trading.
There are a variety of ways that traders can go about getting this education.
Best Ways To Learn To Trade Forex
Firstly, traders who wish to learn to trade forex from experienced traders, yet maintain some independence in their study can purchase Forex trading courses. Quality Forex trading courses can be a fantastic way to learn to trade forex as traders have access to all the material they need to develop a consistently profitable approach to the markets but are able to go at their own pace and develop their own understanding.
At Littlefish FX our popular Forex trading course has over 24 chapters of high quality material designed to cover everything you need to know about trading right from the very basics of why the Forex market exists and who is involved right through to specific trading strategies and advanced concepts. The course is complete with full trading strategies and plans as well as video guides and also comes with a suite of indicators worth over £2,500. Furthermore, the course can now be purchased for just £50 per month.
Signals & Analysis
Traders looking to take a more hands off approach might prefer to follow signals and analysis. Following a consistently profitable signal service which also provides trade analysis and market commentary is a great way for traders to profit from the expertise of professional traders whilst also having the opportunity to develop an understanding of the methods used in generating the signals. At Littlefish FX, our daily trade alerts are up over 3000 pips since November 2015 and each of our trades is issued with a technical chart and full explanation of the setup giving traders the opportunity to track our trades and develop an understanding of the setups we use.
The quickest way to learn to trade forex profitably is to use a mentoring service whereby you undergo live sessions with a pro trader who educates you based on the strategy they use and walks you through how they approach the markets. Think of this as hiring a tutor. Regular live sessions with a professional trader can significantly expedite the learning process and help traders advance in their capabilities.
At Littlefish FX we have recently launched the Pro Trader Package. This service option offers daily trade alerts as well as access to a live weekly strategy session with our pro traders where they analyse the markets highlighting setups for the week ahead, reviewing past week’s performance as well as discussing strategy and tactics and also holding an open Q&A. These sessions are a fantastic way for traders to interact with pro traders on a regular basis and develop a thorough understanding of how they approach the markets to deliver consistently profitable trade alerts.
When deciding how best to learn to trade forex, traders need to consider the amount of time they have to dedicate to market study but also in what manner they feel they will learn best. At Littlefish FX we provide a range of different options to cater for these different preferences with a steady focus on providing high-value service at all times.