Forex education and training: should you be joining an FX Masterclass?

Retail Foreign Exchange Trading has been on the rise for the past five years and remained fully operational during the financial crisis, outperforming most other asset classes. As a result of this, the Forex Educational market has developed and is now set to take centre stage in the next growth phase. One of the fundamental reasons for the increase in popularity of FX training is that it is available to a wider scope of trader, from the beginner to the seasoned professional, and can be undertaken in a variety of methods and flexible times, something that has enhanced its popularity among both retail and professional institutional FX traders.

First Published: e-Forex Magazine 40 / Retail e-FX Client / July, 2010

The day to day trading and investment skills of Retail FX traders can be improved by the ever increasing range of online education services.  One of the most effective and popular methods is improving trading strategies through watching online videos and analysing professional trade reviews. Professional FX training companies publish video tutorials about understanding the markets and how traders can profit from using a number of different strategies. Online videos tend to be free of charge and readily available on a number of sites such as ‘You Tube’. Furthermore, the viewer has the freedom to pause, rewind or repeat anything that they have seen, which in turn allows them to fully absorb and learn the content.  These videos provide a cross-section and give examples of success stories of automated trading systems (Expert Advisors). Community trading The world of Retail FX Traders is becoming united due to the growing popularity of community trading, which offers a group approach to...continued

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