How to Learn the Skill of Forex Trading


by Mac X - Date: 2008-07-15 - Word Count: 501 Share This!

You don't have to go through ten or fifteen years or trying to learn this stuff.  I am going to part with this and I have gone over five minutes.  The reason why I believe and listen; this is after coaching traders for ten years, after talking to traders for ten years; I have personal trading mentors who have been in the business for twenty-five, thirty years; the number one reason why I believe it takes people sometimes years and years and years to learn a skill like trading is because number one; they don't have a coach or mentor.  That is the reason why I insisted on being able to have one on one contact with every one of my members.  You need to have a mentor.  You need to have a coach.

In most cases, these guys have a mentor for a very short amount of time and virtually in all of those cases, their mentor was not trained to be a mentor.  I was groomed practically for this by the United States military.  We were trained how to train.  We were trained how to present information, how to get it across very quickly and how to make sure that you remember it.  So that's a big thing. 

The other reason why is because the information was not presented in a format that was easy to understand and that truly is a visual and auditory combination.  You have got to see it and you have got to hear it.  Most people don't learn exclusively by reading but that's how most of us are taught.  We are taught by reading or hearing it aloud.  You have got to see it done.  You have got to see the application of it before you can learn it.  Finally, we have especially in our education system, an absolute crush to learn things very quickly.  Think about it. 

You go through school.  You have a semester.  You have a term.  You have mid-terms.  You have to learn everything in a very short amount of time so there's a lot of pressure with that.  So you have got to be able to let yourself relax.  Go through discs one through five.  Don't take any notes.  Take a break for one to two days.  Come back to disc one through five and jot down the notes.  Jot down the things that are clear.  You are going to be shocked at how fast you are really learning these things.  Then when you go back to the videos and you are on the member's site and you are watching my four minute game plan, it is going to make sense to you. 

You are not going to be confused and you are actually going to be able to go out there and implement things in your own demo account or if you get to the point where you are live trading, in your live trading account.  This leads me to a disclaimer that the videos are not trading advice.


Related Tags: forex trading, forex market, trading the forex, forex investor, mac x, the insider code

Mac X is recognized as a forex expert trainer, forex trader and author of three best-selling www.theinsidercode.com/forex-trading">forex trading books and Home Study Courses including "How To Get Filthy Stinking Rich Trading The Forex" book and Home Study, "How To Trade The Harmonics of The Foreign Exchange Markets". Mac X has trained over 1,300 students in large forex seminars, one-on-one and small groups. Read Mac's Forex Blog for more Forex Trading information at TheInsiderCode.com.

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