[thelastbear]

There are countless threads where new traders ask similar questions about a forex course which was marketed to them or one-one coaching by a forex ‘guru’. I always give the same response: Never pay for anything when it comes to forex; it is not worth the money.

For starters, all the information that you may learn is the same information you can find online for free. It is nothing more than basics, and sometimes the wrong things anyway. Additionally, you will never have access to a guru and every self-proclaimed guru is nothing more than a retail trader who managed to make a few dollars at best and often does not even make any money trading at all.

Think about it, if your favorite guru is such a good trader why would he take the time to teach you for some small amount of cash? Why would he go out of his way and market his course or service rather than spend the time trading and then enjoying the benefits of his successful trading?

Your forex guru is nothing more than a marketer who give you basic knowledge which you can find for free and if you honestly need a guru to make it through that stage than I love to tell you that you should not bother as you are not cut out to make it as a trader.

[Rambo35]

I agree 100%. Real traders do not teach, they trade. Those who have failed as traders, teach. It is that simple and great post.

[Shawnmichal]

Very nice post. I think every new trader learn by his experience only and always learn form loss and never give up in forex trading.

[Master Forex IB]

I got all knowledge of forex free on internet. You need not poay any fee for this purpose . With some effort you can get all forex knowledge then apply this on demo and do free trading practice . i am making now good earning in real trading never pay a penny to any education about forex. Just invest in real account what I had as saving with me.