Free Forex or Financial Trading Course

A lot of people are claiming to be making a lot of money with forex trading in recent years in South Africa. One could not afford to miss such kind on a lifetime opportunity. But doe it come free or that easily? Of course not, for one to begin trading forex, they need intense training.


They always say forex is risky, yes it is risky because it involves real money. Without sufficient training on forex, you might loose a lot of money by entering a trade that could result in a loss.
So, for one to execute the forex business successfully, an intense training is required.
There are companies and individuals running forex training in South Africa. Some are national and some are regional.

When you choose a training provider you must first look for the following:
*Make sure they are a legit registered entity
*Make sure you physically know their operational site or office.
*Make sure that at least you know some people who has already undergone for training in those facilities.
*Also make sure that they are not fly-by-nights
Here are some of the websites of companies conducting forex training in South Africa.
The Shaw Academy

The Shaw Academy offers a free course on Trading or financial trading. This course can help you understand forex trading without paying training fees.

Register for a free financial trading training now and learn to trade.
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NB: Forex is risky, don’t enter trading without good training.

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How to Get Forex Trading Course for Beginners in South Africa

How to Get Forex Trading Course for Beginners in South Africa

A lot of people are claiming to be making a lot of money with forex trading in recent years in South Africa. One could not afford to miss such kind on a lifetime opportunity. But does it come free or that easily? Of course not, for one to begin trading forex, they need intense training.

They always say forex is risky, yes it is risky because it involves real money. Without sufficient training on forex, you might loose a lot of money by entering a trade that could result in a loss.

So, for one to execute the forex business successfully, an intense training is required.

There are companies and individuals running forex training in South Africa. Some are national and some are regional.

When you choose a training provider you must first look for the following:

*Make sure they are a legit registered entity

*Make sure you physically know their operational site or office.

*Make sure that at least you know some people who has already undergone for training in those facilities.

*Also make sure that they are not fly-by-nights

Here are some of the websites of companies conducting forex training in South Africa.

www.globalforexinstitute.co.za

www.forex-training.co.za

Was this information useful for you, if yes please share on social networks, your friends might just need it.

NB: Forex is risky, don’t enter trading without good training.

5 Common Forex Trading Mistakes That You Must Avoid: No 5 Is The Worst Mistake

 

5 Common Forex Trading Mistakes That You Must Avoid: No 5 Is The Worst Mistake

 

A lot of people rushes into forex without noticing the mistakes that could be avoided. Here are some of the mistakes that traders do and how to avoid them when trading forex. Read carefully so that in your next trade you will avoid making the mistakes.

1. No trading plan

Experienced traders know their exact entry and exit points, amount of capital to be invested in the trade, and the maximum loss they are willing to take. Novice traders may be unlikely to have a trading strategy in place before they start trading. Even if they have a plan prepared, they are more inclined to abandon it, if things are not going their way.

2. Pre-Positioning for News

FX Calendar is a very good tool to collect information on what is going on on the market. Though keep in mind, that even if you are fairly confident in what news will move on the market, you can really predict how the market will respond to the expected announcement. Quite often, there are complementary figures or indications provided that can make moves irrationally.

3. Trading Right after News

Wait for volatility of the announced news to become less intense and really develop a definitive trend. By following this advice you will manage your risks more effectively having more stable direction and no liquidity concerns.
4. Averaging Down

There are several problems connected with averaging down. The main one is that losing position which is being held is a voluntary money and time sacrifice. Remember that a larger return is required on remaining capital to get back your lost one. Averaging down might work occasionally, but mostly it is leading to inevitable losses, as a trend can maintain itself longer than you will stay liquid. Trade opportunities must be realized when they occur, and poor trades must be exited quickly.

 

5.Risking More Than 1% of Capital
Excessive risk does not equal excessive returns. Almost all traders who risk large amounts of capital on single trades will eventually lose in the long run. A common rule is that a trader should risk (in terms of the difference between entry and stop price) no more than 1% of capital on any single trade. Professional traders will often risk far less than 1% of capital.