Secrets of Forex Training
Forex trading is just like anything else in life - to get good at it, all you need is practice. Of course, sometimes you don't have the time (or the money!) to get the practice you need. In that case, the only thing to do is to get some proper training. If you can find someone to teach you the system, or a good quality forex robot with lots of information and advice, you can ramp up your skills in an incredible amount of time.
So the obvious question is, where to get this training. Forex training is available from all sorts of sources, ranging from slim books of tips and tricks, to huge week-long seminars filled with information and practical advice. With so much on offer, it's easy to get lost and not know where to start. That's where I employ a technique I call "information overload", which has been incredibly helpful to me.
Information Overload is the process of completely immersing yourself in the data. Studying it constantly, and making it so much a part of your life that when it comes time to use your knowledge, you almost instinctively know what to do. I won't lie to you, this a hard path - but the rewards are worth it. If you just want quick, simple success, you can get a for robot, which will do most of the work for you. And yes, they do work, but for myself I prefer to be the master of my craft - not just someone using a tool.
So, the first step in information overloading is to go down to your local library. Find the books on Forex trading (I'm sure there are some!) and stand in front of them. Close your eyes. Pull a book off the shelf. I have no idea what that book is, but it's about Forex, and that's what you're interested in - so go check it out.
Great! You've picked out a book, and now you just have to read it. This trick here, is to read it fast - keep it with you all the time, and every spare moment (on your break, in a line, during commercials on tv...) you read it. Even just a little bit, even just a paragraph or two, it all counts. And, most importantly, read it just before you fall asleep - several pages, at least. This is essential.
This is because whatever you are thinking of last thing at night, is what your mind remembers most strongly. So when you're trying to learn about something, falling asleep thinking about it helps hugely. The purpose of this is not to study the book. Don't worry if you don't understand it, or if you don't get something. Just shrug your shoulders and keep going. The important thing is to get as much information into your mind as possible.
When you finish that book, you can just go back and pick a new one and do it again. Keep going, until you've got enough info in there. You'll find that, once you've passed enough information through your brain, it starts getting overloaded, and things start coming back out. You'll find your mind wanders back to the things you've read, and information you weren't consciously aware of becomes available - maybe you see a chart, and suddenly realize you know what it all means. Don't worry, this is completely normal - you're doing great.
The next part of the information overload process is active learning. Go back to your library, and take another look at the books they have there. You'll probably be surprised at how much you can already understand of them, and that's without doing any real study - just the total immersion. Allow your subconscious instinct to guide your choice, and pick out a book for you to learn from.
Now you've overloaded yourself with Forex information, studying it suddenly becomes incredibly easy. As you read through the book, carefully, you'll probably experience a sense of deja-vu, as all the things you didn't know you'd learned fall into place. Take care this time, and really study the material, and you'll be astounded at how fast you can grasp it.
So you now have all the tools you need to become a master Forex trader. All that's lacking is practice - for that, I suggest you pick up a Forex software package. You need to get experience somehow, and most software packages will give you the tools you need to really come to grips with the material. In the end of course, the human mind is an amazing thing - and you have everything you need right there.
Best of luck to you! - 23159
So the obvious question is, where to get this training. Forex training is available from all sorts of sources, ranging from slim books of tips and tricks, to huge week-long seminars filled with information and practical advice. With so much on offer, it's easy to get lost and not know where to start. That's where I employ a technique I call "information overload", which has been incredibly helpful to me.
Information Overload is the process of completely immersing yourself in the data. Studying it constantly, and making it so much a part of your life that when it comes time to use your knowledge, you almost instinctively know what to do. I won't lie to you, this a hard path - but the rewards are worth it. If you just want quick, simple success, you can get a for robot, which will do most of the work for you. And yes, they do work, but for myself I prefer to be the master of my craft - not just someone using a tool.
So, the first step in information overloading is to go down to your local library. Find the books on Forex trading (I'm sure there are some!) and stand in front of them. Close your eyes. Pull a book off the shelf. I have no idea what that book is, but it's about Forex, and that's what you're interested in - so go check it out.
Great! You've picked out a book, and now you just have to read it. This trick here, is to read it fast - keep it with you all the time, and every spare moment (on your break, in a line, during commercials on tv...) you read it. Even just a little bit, even just a paragraph or two, it all counts. And, most importantly, read it just before you fall asleep - several pages, at least. This is essential.
This is because whatever you are thinking of last thing at night, is what your mind remembers most strongly. So when you're trying to learn about something, falling asleep thinking about it helps hugely. The purpose of this is not to study the book. Don't worry if you don't understand it, or if you don't get something. Just shrug your shoulders and keep going. The important thing is to get as much information into your mind as possible.
When you finish that book, you can just go back and pick a new one and do it again. Keep going, until you've got enough info in there. You'll find that, once you've passed enough information through your brain, it starts getting overloaded, and things start coming back out. You'll find your mind wanders back to the things you've read, and information you weren't consciously aware of becomes available - maybe you see a chart, and suddenly realize you know what it all means. Don't worry, this is completely normal - you're doing great.
The next part of the information overload process is active learning. Go back to your library, and take another look at the books they have there. You'll probably be surprised at how much you can already understand of them, and that's without doing any real study - just the total immersion. Allow your subconscious instinct to guide your choice, and pick out a book for you to learn from.
Now you've overloaded yourself with Forex information, studying it suddenly becomes incredibly easy. As you read through the book, carefully, you'll probably experience a sense of deja-vu, as all the things you didn't know you'd learned fall into place. Take care this time, and really study the material, and you'll be astounded at how fast you can grasp it.
So you now have all the tools you need to become a master Forex trader. All that's lacking is practice - for that, I suggest you pick up a Forex software package. You need to get experience somehow, and most software packages will give you the tools you need to really come to grips with the material. In the end of course, the human mind is an amazing thing - and you have everything you need right there.
Best of luck to you! - 23159
About the Author:
Jacob Tremblay is a long time stock market trader, who is now working on forex trading. Click to take a look at his site, where he provides forex training reviews of some of the leading systems.
posted by X - Men @ 5:26 AM
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