Monday, July 12, 2010

[4XONTARIO] Re: Forex Courses

 

Hi C. Franks,

Thanks for the info. I understand what you're saying about learning on your own and practicing. I've been doing that for years now, and have yet to be profitable, but maybe I'm one of those people that have to be shown the way, as opposed to people that discover the way by themselves. Good luck to you.

I see the thread is going towards EAs, and that isn't really my question. I'd like opinions on courses and approaches, not robots.

Thanks.

--- In 4XONTARIO@yahoogroups.com, C Franks <cfranks@...> wrote:
>
> I haven't taken any courses, but I did go through the babypips.com website,
> and then read John J Murphy's "Technical Analysis of the Financial
> Markets." I'm currently working through "Trading Chaos" by Bill Williams
> (1st edition). I'm sure there are some excellent courses, but I learn
> pretty well by reading and taking notes, and then practicing what I read on
> a demo account.
>
> Really I think that until you have a good grasp of how technical indicators
> work, and then how candlestick formations work, and then how volume works
> (which I'm learning now), then you can't use any of them in a trading
> system.
>
> For instance, I read about oscillators, and then took a bunch of practice
> trades based just on what oscillators were doing - RSI, Stochs, MACD. This
> really helps because then you can look at a market and kind of see at a
> glance what it's doing.
>
> I'm still learning, but that's what's worked for me.
>
>
> On Tue, Jul 6, 2010 at 11:50 PM, fsalvatori97 <fsalvatori97@...>wrote:
>
> >
> >
> > Hi,
> >
> > I'd like to know what courses people have taken and what the result was of
> > taking the courses, like the Derrik videos or the PGMAT course or some other
> > course. In short, which are useful (you make money) and which are useless
> > (you lose money)? Which are too complex, too subjective, too time-consuming
> > etc. Which would you recommend?
> >
> > Thanks for any info, as there are literally thousands of
> > courses/tapes/videos/books. And yes, the more knowledge the better, but you
> > must balance that against making money. After all, that is the point.
> >
> >
> >
>
>
> [Non-text portions of this message have been removed]
>

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