Most new traders either buy a Forex robot or software package or buy a Forex course but which is the best option - the answer is enclosed in this article with the advantages and disadvantages of each method.
On the face if it, the robot or automated software package looks the better option as you have to make no effort all you do is plug it and you start making a regular income with low risk there is a problem though and it's this:
These packages fail to make money for users and if you think about it, they sound too good to be true and they are. They promise a better income than the worlds top traders for $200.00, if they really did give the gains they claim, they would be sold for millions or tens of millions. The fact is they don't have real time verified track records checked by an outside source. All they have are paper simulations, knowing the closing prices, or figures from the vendor who sells the system, with no check.
So these systems lose money but is a Forex course a way to make money?
It depends on the course however in Forex trading, you have to learn skills and apply them with confidence and the best courses can give you some solid education which can help you build a great second or life changing income. In short they cut your learning curve and can teach you the right way to make money.
If buying a course look for these key points to be included:
- 100% money back guarantee with no deductions. All good courses give these see you learn risk free.
- Look for unlimited email support - your buying a course not a book and your bound to have questions or queries
- Look for daily trading reports that demonstrate the system in action. The advantages of this are you can learn in real time and you can also see the success of the system. This is a valuable bonus more and more courses are offering.
The fact is if you want to win at Forex the best choice is a Forex course, the cheap software packages simply don't work and you will simply get wiped out and join the majority of losers. A Forex course though, if you choose wisely can give you skills that can make money for a lifetime.
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