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.

How Sandile Shezi Made Millions at the Age of 24

How Sandile Shezi Made Millions at the Age of 24

At the age of 23, Sandile Shezi’s rise as a South African foreign currency investor and the country’s newest and youngest multimillionaire was not instantaneous. He started humbly in his hometown of Durban, selling muffins at his high school, but he always had big business dreams in the back of mind.

Shezi’s knack for seeing good ideas in unexpected places led him to selling clothes door-to-door, where he learned the ins and outs of business savvy and how to use rejection as extra motivation. Shezi had to drop out of university to keep his business going – which despite his success he still regrets, especially disappointing his parents who, as teachers, taught him the importance of a full education.

Soon, after reading about forex trading, Shezi took a chance, investing the remainder of his university tuition money into the heady, competitive world of online investing. With a natural inclination towards numbers and their patterns, and more than little common sense, Shezi soon saw success in the stock market game.

Global forex is the largest financial market in the world, trading non-stop from Beijing to London and New York around the clock, with over US$4-trillion changing hands every day on volatile and risky currency markets. With most trading done by banks and big corporations, it takes guts, skill and a bit of luck to tackle the market as an single investor.

Shezi admits that investment is risky, but with the right mindset and a little training in what to look for in the markets, anyone can do it. He calls South African mining and media magnate Sandile Zungu his business hero, who similarly began his career as a young risk-taker. “If he could do it, why can’t I?” Shezi says.

After conquering the investment world, Shezi decided to use his good fortune to give back to the community, particularly young South Africans with big dreams but no access to resources.

He founded the Global Forex Institute with the aim of recognising and mentoring notable young talent for the world of business, as well as teaching the skills needed to tackle the international stock market. “It’s about …making them understand when is the right time to buy, when is the right time to sell and how do you go about avoiding losing your capital,” Shezi told CCTV. “I want to make sure the masses know about trading.”

The Global Forex Institute is the only company in South Africa that provides foreign exchange training for free as a way to create employment and entrepreneurial opportunities for young people.

Shezi says in a country like South Africa, with high unemployment but a strong sense of entrepreneurship and natural business wisdom, people should be encouraged to follow their gut feelings and take risks when they have the right knowledge and ability.

Trading may not be the easiest or safest way to make a living, but investment skills and the ability to see the big picture can help in any business, large or small. His company offers free classes for prospective businesspeople and beginners looking to try their luck at investing.

So what’s next for this South African success story? In addition to his company and business education interests, Shezi wants to teach all South Africans about good money management and invest in the country’s unique businesses.

Humble in his success, Shezi says he is just a person who saw an opportunity and took a chance. Anyone, he says, can do it.