Forex Trading Coach Simplified
Suppose that you are interested in dabbling in Forex trading. You’ve studied all the free materials online and you feel confident that you can make a profit. But maybe you have doubts since you also stumbled on some Forex trading coaches during your search. Who are these coaches?
- What is a Forex Coach?
- The Forex Trading Coach PDF
- Forex Trading Coach UK
- Forex Trading Coach USA
- Forex Trading Coach Singapore
- Finding Top Forex Coaches
- The Trading Coach Review
- Forex Mentor Pro
- How do I Find Forex Coach Near Me?
- Forex Trading Course
What is a Forex Coach?
As their title suggests, Forex coaches help you understand Forex and how to make a profit from Forex trading. You might be wondering why would you want to invest in a coach when you have access to all the online materials for free.
The fact of the matter is that free materials can only get you so far. Sure, the articles and lessons from the School of Pipsology is a solid start. You will soon find out that the information is overly simplified and contradicting at times. This is not enough to be successful in Forex trading.
You cannot read a book on human anatomy and start doing surgery right after. The things you read online can only get you so far. If we have to quantify it, only 20% of what you’ve learned comes from reading. The other 80% comes from practicing.
The problem with learning Forex trading is that it is never clear what you’ve done wrong. Anyone can see that they are losing money over a bad trade, but knowing where you went wrong is key to success. You can do this through trial and error, and countless demo accounts, but this takes time. Not many people want to put in that much time.
So, the next best alternative would be to seek out a mentor who has done their fair share of mistakes in the past and have substantial experience to know the intricacies of Forex trading. They can make it clear of the things you should and should not do, which would’ve taken you weeks to discover on your own.
The Forex Trading Coach PDF
Regardless of who you would get as your Forex coach, their main methods of education come in two forms: video or PDF file. Video could be helpful when visual aids are needed whereas PDF files serve as a convenient way to access information using the search function. Ideally, you want to seek out a livestream service with your education package. That way, you can ask your mentor directly if you have any questions.
Asia Forex Mentor (AFM) is a good example here. In addition to all the valuable materials they provide through their lessons, you also get to see the founder and Forex trading coach Ezekiel analysing the live market every week. You can see his trading strategy setups for the week and trade along with him.
Forex Trading Coach UK
There are not that many trading coaches in the United Kingdom. At least, there are not many notable ones anyway. Their online presence is rather lacking and those that you can immediately find may also be little more than scammers. As always, make sure to do your research into the background of your coach so you know whether to trust that person with your time and money.
Forex Trading Coach USA
It is the same story in the United States. There are only a few notable ones that you can find on Google. Make sure that you have your research into your coach to verify their claims and background. Anyone can say that they are an experienced trader on the internet after all. Ideally, you want a coach who has made an appearance in various events or has experience working in a financial institution themselves.
Forex Trading Coach Singapore
There is one trading coach in particular who is based in Singapore. His name is Ezekiel Chew. If you have been dabbling in the Forex game for a while, you might have heard of him and his exploits. He has over 230 years of trading experience and has taught many traders in the world, including those working in DHB, a state-owned bank in the Philippines. He also has many other achievements to his name as well, which goes to show why he is invited to many trade expos and other related events.
He is the founder of Asia Forex Mentor. On the website, you get more information about his proprietary One Core program, which provides you with all the tools you need to trade any market, be it Forex, stocks, commodity, etc. In addition, you would have access to the Golden Eye Group, which allows you to see Ezekiel trade live every week.
That way, you have the opportunity to trade alongside him and see how he analyzes the market, understand his rationale and how he sets up his trade, etc.
Finding Top Forex Coaches
There are many excellent Forex coaches out there with a unique take on the market. They have different strategies and analysis, so they are all worth learning from. However, before you start to pick one and follow them, make sure that they actually know what they are doing.
For one, a legitimate Forex trader should not shy away from speaking out about their experience and past accomplishments. If all they do is give you promises with nothing to show for it, and speak of nothing but jargons, chances are that they are not a legitimate Forex coach worth your time.
The problem with Forex education services is the fact that it is full of scams. Many failed Forex traders wanted to make money, but could not because of their limited experience and know-how in the game. So, they decided to make money off newbie traders who have some money and a dream. They sell dreams to gullible traders, promising massive ROI with their subpar courses.
The good news is that you can avoid this problem. The magic of the internet is that you can look almost everything up. So even if the fake gurus resort to outright lie to you about their accomplishments, you can just look them up to verify their claims.
Most successful traders and Forex coaches have their accomplishments documented on the internet, so you can verify their claims in just a few clicks.
The Trading Coach Review
Another Forex trading coach worth mentioning is The Forex Trading Coach. Based in New Zealand, it is a one-man institution. The founder Andrew Mitchem built everything from the ground up. Similar to AFM, Forex Trading Coach provides that personalized approach to teaching as Mr. Andrew would relate to students personally and provide personalized help when he can. His courses are reasonably priced and he often hosts live sessions, not to mention that his course materials are very focused with a clear trading style. The downside is that the timing would be awkward for those living in the United States due to time differences, and the training he provides is more suited for those who want to be technical traders.
Forex Mentor Pro
Among all the Forex trading coaches out there, Forex Mentor Pro is among the few that stands out. There are three people behind Forex Mentor Pro: Marc Walton, Pierre Du Plessis, and Omar Eltoukhy, all of whom have experience and found success in the trading world.
Forex Mentor Pro provides a mentoring service and a trading indicator service at the same time. They do not give you tips on how to trade Forex, because those tend to be very situational. Instead, they teach traders how to analyze and trade the market.
Their pricing is reasonable as well. You get a unique perspective on the market from three different coaches who use three different trading systems. Also, you would get a video-based analysis of the Forex world, currency pair, and markets every two weeks as well.
Overall, their lessons are value-packed and are worth your consideration.
How do I Find Forex Coach Near Me?
You might be asking whether there is a Forex coach living conveniently close by, or how to find one. Having a Forex coach living in the same country or time zone means that you will not be missing out on any of their livestreams or any time-sensitive contents or lessons. One drawback with Forex education services is that it is not widespread, so you may not find a Forex coach who lives in the same country or the same time zone.
The next best alternative would be to seek out a reputable Forex coach who lives closest to you so the time difference is negligible. That would be the solution if they provide livestream services so you can trade along with your coach.
If your coach does not provide time-sensitive services like an online trading course, then location is irrelevant. You can follow a coach who you truly believe in, even if they live across the world.
Forex Trading Course
Free online articles and documents on Forex trading serve as a good starting point. They can get you up to speed with the current news in the Forex world. However, they do not provide you with any more value than that.
As you might expect, no one is willing to share their money-making schemes for free with a stranger online. The whole idea seems silly to many people. There are a few kindhearted individuals out there that put together some free resources, but you cannot expect them to provide every helpful bit of information and keep everything up to date.
For the above reasons, it is best to seek out a reliable forex trading coach who has enough experience under their belt and achievements to show for it. You will gain many useful insights from them and you do not even have to spend that much money on those lessons.
The above is a repost of a press release. We are proud to be conferred the Best Forex Trading Coach | Comprehensive forex trading course award by Investopedia