Forex Trading Training Videos for All Traders

Forex trading training videos cover a very wide range of methods and skills. So much, that traders of all levels will learn something new out of watching them.

Forex Trading Training Videos and their Insights

Forex trading training videos are put together by experienced, or at least ambitious new traders. They are passionate about the subjects discussed in those videos. So it is likely that the viewer will gain something useful out of them. Of course they also contain various analysis techniques and information which tend to be misleading, and wrong. Forex trading training videos are used in many premium courses, but are also found online for free. People who have embarked on forex trading, want to find out more and more about the market. So as to to gain some edge. It’s all part of their effort to master trading online, and figure out as many false trades as possible. Good trading, first and foremost, arises from eliminating the false entries and dealing with losing trades. Much more so than just trying to pick perfect entry points right away. Because jumping into a market right away, doesn’t allow for such quick and profitable trading. In fact, good traders prefer to track the price action of the last few days. And to figure out which indicators are relevant today, and which ones are not. Failing to track and analyze this pattern and sequence of events, usually leads to losing trades. This is because indicators are only working for maybe 50% of the time. In high quality analysis videos, such concepts are presented before you, and are implemented on recent and present currency charts. Traders making good videos, will admit their mistakes and losing trades. While at the same time still dig deeper into the winning trades. Because failure to really understand why they won that trade, leads to false assumptions. And assumption is the mother of all failures in life.

Forex Trading Training Videos for Advanced Traders

There are forex trading training videos out there, aimed at advanced traders. Concepts such as intermarket analysis, trading volume analysis and more, are explained. Different videos give different methods on the same principles. But this is good, because the advanced trader will be free to pick the parts that they find most useful, while ignoring other parts. Forex training in those videos tends to include price analysis and projection methods, such as Fibonacci and Elliott wave theory. These are only two examples of theories which do not really work. This means that even successful traders are delusional about these theories. They are successful because they use various different indicators, and common sense. This broad-based analysis they do, does make up for the deficiencies of the delusional theories. The truth is that nobody knows everything, and false theories will carry through forex education for years to come. But theories such as the aforementioned ones are simply misleading, and you are better off skipping watching those altogether. So the conclusion is that even in the same instructional video, some parts may not be worth watching at all, while other parts will be very insightful.