Saturday, December 22, 2007

5 Guidelines To Purchasing A Forex Course

Step 1: Figure out how much money you have to invest. This should be money that you can afford to lose. Most people cannot afford to lose any money. Make sure that losing money won't devastate you financially.

Step 2: Make sure the course costs less than 50% of the money you have to invest. The cost of the course will not be invested
directly in the market. You want to put most of the money you want to trade with into your trading account.

Step 3: Make sure that the course does not have any hidden cost. You do not want to have to pay for a signal subscription. You should also find out if the company that sells the course has any subscription type services. If they have these types of services, chances are that their system will eventually require that you use them.

Step 4: Make sure you can practice trading trading in a demo account and still get refund. There are courses out there that require
you to place trades with real money before you can get a refund. In this case, you would only need a refund if you lost all of your money!

Step 5: Make sure the information in the course teaches you how to trade independently. You need to be able to take the information you learn with you if you discover a better trading platform in the future.

You should follow the above 5 steps any time you look for an investment course. If the courses do not meet the guidelines listed above, you should move on to the next course.