WHO DO YOU FOLLOW AS A FOREX BEGINNER:

Tough question hey, I know. Let’s talk about this, who exactly do you follow as an aspiring trader?. Does having several demo accounts with every Forex broker that comes to your way help?,  does it give you “heads up” on how things are done?,  does it make you wiser?,  Can I tell you what I think? I think it brings more confusion than clarity, I think it”eats”‘ up you time and produces no results at all. Please allow me to elaborate more and speak my mind, remember this is my own experience and I am in no way expecting you as my reader to agree with me, I am also fully aware that your experience might be nothing like mine, some of you might say following a lot of ”experts” works better but I am here  telling my own story, I am not suggesting my way is the best, but at least I know it is the best for me. If my story speaks to you, then great!!! Keep reading, if it doesn’t; well you are still welcome to read.

THE  JOURNEY BEGINS:

I knew I wanted to trade, I had no idea what I wanted to trade though, I had seen it online, almost every second a Forex trading advert popped up on my homepage whenever I went to the net, to my emails, I would see this advert, and most of the adverts go like’‘CLAIM YOUR BONUS NOW” you know what I’m talking about right. And I remember thinking wow!! I could be a millionaire working just for about 30 minutes a day; I really wanted to do it, so I have ”claimed” my bonus a couple of times, if you know what I mean.

WRONG TURN:

I signed up with every Forex Broker that I came across, believe me, I am not exaggerating, I really did, I had about 8 demo accounts from different Forex brokers. I was ”educating”myself, knowledge is power right!  IIs easy, Google is there to answer all my questions, it is easy, so I thought. Of cause all the forums I was following and the sites I was visiting made it all glamorous and easy, though it was sites for “Forex for beginners”, I learned nothing as a beginner, mostly all I got was it is so easy like all you need to do is to plug in a robot and get rich, no one really spoke about challenges. The only thing I knew was HOW TO OPEN NEW ORDER, nothing more. It was hectic for me, I was reading a lot, downloading lots of manuals and books, watching Youtube videos, visiting sites, none of those things really made sense, they just wouldn’t  speak to me as a beginner, even the basic manuals that are all over internet did not really make a difference, I was so confused yet i  thought I knew something just because I knew some terms and some jargon, but nothing more. Now I understand why I was so lost, I was trying to ‘’grab’’ all that was being said on those sites where everyone just played around with Forex terms, showing off their ‘’smartness’’. I was just following. And everyone is an “expert’’ on those forums and threads. I sometimes get people suggesting that I should post, I should add videos and pictures, I can add videos anytime but for now, I am just thinking of myself at that time and how I needed to have someone clearing things out for me. Now I am doing just that for my readers, clearing things out and taking you out of the fog.

 RIGHT MOVE:

 I spent months and months trying to get this until I realized I had to”disconnect”from all the ”experts” that I was following and find myself just 2 mentors to follow and see if can be able to understand and learn a thing or two from them. One was more on technical and the other on fundamentals, I was able to focus and know the difference and I could also identify my own strengths and weaknesses and also my own preferences. I made a decision to unsubscribe myself from all the newsletters and daily emails that I was getting from my 8 Forex Broker companies, I also deleted the accounts. My head was clear, I felt so free from all the”clutter”, I also removed myself from all social media Forex groups especially Facebook groups ( I have absolutely nothing against Facebook groups) please don’t get me wrong. I did because I wanted to be away from outside influences or ideas from people who were in fact just like me, following everyone and anything that has Forex word , but mostly I saved myself from all those full of empty promises robot sellers from groups and I was able to recognize the fact that there are CFD’S as well that I can trade.

So please do yourself a huge favor, do not just follow on forums thinking you will learn by reading comments and conversations there. Those people are not your mother, they are there minding their own business, some are there just to sell their”‘money making robots), they are not there to put milk in your mouth, they are not there to educate you, they are traders already and what you read there is even more confusing if you never had proper training. Chances are, you will end up so confused just like I was, it is a very good idea to be involved in forums where you meet the community of other traders, I do it as well now because I am smart enough NOT to “swallow” everything that is discussed there. Relying on that too much is just dangerous. Rather find someone who will be there for you to answer your questions, I mean NOT in an AUTORESPONDER WAY or DO-NOT REPLY emails. Many thanks for stopping by and reading my post, please do come around again.