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Forex Training Course Reviews and Comparisons
Whilst Forex currency trading offers amazing opportunities for big profits and income, there is also risk involved. This is true of any type of trading, you must speculate to accumulate and on occasions things can go wrong. Thankfully there are steps you can take to help avoid losing money and virtually guarantee yourself a substantial income from Forex trading. One of these steps, and probably the most significant is to enroll on an expert course and learn the skills of trading profitably. Some Forex training courses will help turn you in to an expert trader in a matter of hours, others will take your money and tell you very little. You need to look out for the professional courses that can provide hours upon hours of in-depth tuition. It is also advantageous to join a course that will give you daily advice on market activity and help you put together a winning strategy. Below we will look at four of the most popular Forex training courses and review each one individually.
#1 Forex Training Course Review - Forex Mentor
Peter Bains Big Dogs Forex Mentor training course is probably the most popular and respected currency trading course on the Internet. This is simply because Peter Bain is considered an expert professional Forex trader, so much so in fact that he regularly tours the world giving live training and seminars on his strategy of trading. Forex Mentor is Peters online trading course for both beginners and experienced traders. Through his DVDs and CDs he will take you right from the very basics of trading online all the way through to how to implement his powerful Forex strategy in to your day to day trading for massive profits. What I also like about this course is the fact it comes with 6 months free mentorship. Accompanying the DVDs and CDs you will also get 6 months online access to Peters daily lessons, commentary and AM reviews each of which will be 30-60 minutes long - EVERYDAY!
The Forex Mentor course is aimed at teaching traders the exact system that is used by many banks, organizations and professional currency traders to make truly huge profits. I enrolled on this course about 10 months ago and I can tell you the system really does work and I still use it profitably to this very day. Forex Mentor - Key Features Summary:
With all of this quality training material on offer it is easy to see why Peter Bains Forex Mentor course is one of the most trusted Forex tutorials on the Internet. I have never seen a course that offers so many hours of video training for under $1,000 let alone under $500! This course will virtually guarantee you make an instant Forex income if you follow the advice given in your daily currency trading activity. We highly recommend that any trader, new or advanced, signs up to the this fantastic course. If you are still unsure they offer a free 5 day mini video training course, just visit the site and fill in your email address in the form at the top right. You will then receive quality information for the next 5 days so you can see for yourself how good Forex Mentor is. Click here to visit Forex Mentor and #2 Forex Training Course Review - Trading Mind Software
This is not so much a training course but more of a psychological training tool. If you are already trading but feel like you sometimes make the wrong decisions then this software is for you. Discipline is one of the most important factors in becoming a successful trader, however it is also one of the most difficult skills to master. Have you ever let a losing trade continue to run even though you know it will never return you a profit? Have you ever left a trade on too long because you got greedy even though in the back of your mind you knew you should have taken your profits and ran? This is where Trading Mind can come in to help you make those decisions that you know you should be making but lack the discipline to do so. You are leaving so much money on the table by not taking your profits and cutting your losses when you should. The worst part is you know when to end a trade but you lack the confidence or cutting edge to do it. This was the biggest problem I had. I knew my strategy would work but I struggled to implement it to the letter. I got greedy, I got scared, I got excited and did not exit a trade at the right time. This stopped thanks to Trading Mind and I can now trade as effectively as I want and it has turned my steady Forex income in to a massive Forex income! Basically what you are getting with Trading Mind is a CD with various different mental training sessions. Each one is around 8 minutes long and if you commit yourself to at least three 8 minute sessions a week then this course can prepare you for much more logical and profitable trading. Trading Mind - Key Features Summary:
Studies show that 90% of our mind's power is housed in the subconscious mind and is responsible for our behaviors, habits, and performance. By utilizing the power of your mind effectively you can turn from a poor or average trader to an incredibly effective and profitable one. Trading Minds mental training sessions have been developed by the internationally acclaimed Trading Expert Jake Bernstein who has given hundreds of seminars and published dozens of books on trading both Forex and stocks profitably. I have not seen any other courses that focus on your mind and how your emotions effect your trading. From that point of view this is a very unique product. Despite this it is one of the most powerful Forex tools I have ever used. If you want to learn how to become more focused and more disciplined then I fully recommend this software. For just $129 you can reverse the losing streaks that you see all too often and start trading like you know you can. Click here to order Trading Mind and #3 Forex Training Course Review - The Trading Authority
This course is probably the most advanced and innovative Forex training course available anywhere. Unfortunately at $3,495, it is also one of the most expensive which is the reason I am only ranking it at number 2 in my training course reviews. Unlike the majority of reputable training courses, this course is conducted completely over the Internet, there are no DVDs or CDs in this package. Instead you will receive access to some amazing live seminars where you can watch and hear the experts teach you in real time, you can even interrupt them and ask a question should you need immediate clarification, that is something that no DVD can do. Also on offer is access to a 'Live Trading Room' where you will get to see the experts in action and learn exactly how they react to market conditions in real time. This is a unique feature that I have not seen offered anywhere else. The Trading Authority - Key Features Summary:
As well as being relevant to Forex currency exchange, The Trading Authority and the Dynamic Structure Trading System is also applicable to stocks and shares so if you trade in more than just Forex you will get double the worth from the course. Remember, that although this course is expensive you are getting serious personal tuition. This is not a course based on videos but one based on live seminars, the price is the only thing that stops me recommending this course as my number 1 choice. I know most of the visitors to this site are new to Forex and are on a low budget so I am sure for many of you this course is out of your price range. That's not a problem, Forex Mentor offer a fantastic course for a fraction of the cost. However, if you can afford it and the prospect of real live seminars is appealing to you then you wont go far wrong with The Trading Authority. A free trial of certain aspects of this course is available so if you are interested I urge you to give it a try. Click here to visit The Trading Authority. #4 Forex Training Course Review - Express FX Course
Our final Forex training course review is on Express FX Course, a package priced at $495 and containing 6 CD-Roms each offering around an hours tuition. When you look at the overall offering this course is poor. If they were charging $100 or less then this would be a good budget option. However, the sad truth is that it will cost you just as much as the Forex Mentor course but offers far less. There no DVDs with this package and the online members area leaves a lot to be desired. When they say it is an 'express' FX course they are not joking. It's good for a brief introduction but that is where it ends. The good parts of the course are the fact it is so easy to understand and the fact that it covers some interesting topics such as candlesticks and equity management. The downside is that you just don't get get enough for your money and far better courses are available for the same or less cost. Express FX Course - Key Features Summary:
I think the summary table above speaks volumes when you compare it to other courses out there. I really cannot see why anyone would prefer this course over Forex Mentor. Peter Bains course is far superior and therefore we do not recommend this course unless there is a specific area it covers that you are interested in and you can afford to spend the $500 to find out more. Click here to visit Express FX Course Forex Broker Comparison Table:
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