Why do you need to pay to learn about Trading?

[Abdulmajidkhs]

It pays when you paid to be trained . The most typical piece of advice you'll get is that virtually all successful people have a mentor or role model to help them along the way.

Why Spend Money on a Trading Coach

The most typical piece of advice you'll get is that virtually all successful people have a mentor or role model to help them along the way. In the trade game, it is the same. We think hiring a trading mentor is the ideal answer because trading may be a tricky skill to acquire.

www.wikifx.com

 

[Polakandil]

Maybe some traders need a mentor to learn to trade, however, learning from a mentor also does not guarantee will making trading get succeed. The mentor is only like a guideline to learn trading and the improvement of each trader will lead them to become good or bad traders. Trading is not about learning strategy, system trading, technical and fundamental, but also involved psychological trading.

 

[JehnMercley]

It's interesting to revisit this discussion after two years. Your point about the value of paying for trading education remains relevant today. Having a mentor or trading coach can make a significant difference in one's trading journey, helping to navigate the complexities of the market.
In addition to mentorship, platforms like quotex continue to provide valuable resources and tools for traders to enhance their skills. The trading landscape evolves, and staying informed and educated is essential for success.
Thanks for highlighting the importance of investing in trading knowledge, even after all this time.

 

[VasilTodorov]

you do not need to have a mentor at the beginning
there are lot of free sources
you can use them to start and learn basics
but at the end as you said there must be a place you need a mentor and you can use one

 

[OscarR]

It pays when you paid to be trained . The most typical piece of advice you'll get is that virtually all successful people have a mentor or role model to help them along the way.

Why Spend Money on a Trading Coach

The most typical piece of advice you'll get is that virtually all successful people have a mentor or role model to help them along the way. In the trade game, it is the same. We think hiring a trading mentor is the ideal answer because trading may be a tricky skill to acquire.

www.wikifx.com

Investing in training and mentorship can be a game-changer on your journey to success.
But I myself started from YouTube tutorials.

 

[Fin_Trader]

Maybe some traders need a mentor to learn to trade, however, learning from a mentor also does not guarantee will making trading get succeed. The mentor is only like a guideline to learn trading and the improvement of each trader will lead them to become good or bad traders. Trading is not about learning strategy, system trading, technical and fundamental, but also involved psychological trading.

I completely agree with you. Moreover, you still need to find a real mentor with positive trading experience, and not choose a scammer who will take money from you, but will not teach you anything. Therefore, I think that you need to start learning how to trade and analyze the market yourself, there are a lot of materials for this on the Internet, and not dream that someone will quickly teach you how to make a big profit, even for money. Moreover, once you have the knowledge, you will most likely be able to distinguish a scammer from a real experienced trader and decide whether to learn from him or not.

 

[Polakandil]

I completely agree with you. Moreover, you still need to find a real mentor with positive trading experience, and not choose a scammer who will take money from you, but will not teach you anything. Therefore, I think that you need to start learning how to trade and analyze the market yourself, there are a lot of materials for this on the Internet, and not dream that someone will quickly teach you how to make a big profit, even for money. Moreover, once you have the knowledge, you will most likely be able to distinguish a scammer from a real experienced trader and decide whether to learn from him or not.

It's true, many sources on the internet can be learned for free, novice traders must be careful of all forms of fraud in the name of forex, many beginners fall into traps because they are still new and don't understand much about the ins and outs of forex trading. Self-taught learning is safer than fraud under the guise of trading education because it doesn't cost a lot of money. Maybe will be disappointed when a trader has spent a lot of money on seminars and trading courses but the result is still a loss.