Thursday, August 13, 2009

Forex Seminar Providers - Other

In addition to brokerages, many other forex market participants arrange seminars. Among the most important groups are information providers, such as Bloomberg and Reuters that continually arrange seminars on how to use their forex terminals and information flow.

Forex Seminar Providers - Brokerages

Many brokerages arrange seminars for several reasons. First, it is an excellent place to let the customer dealers get to know their clients better. Another thing is that the newcomer clients are welcomed to the house.

Seminars are also a great way for brokerages to cross-sell services to clients. In addition to using the currency dealing service, you or your company might find value using the brokerage’s forex advisory function.

If you decide to attend a seminar arranged by a brokerage, don’t forget to give your business card to the brokerage analysts, so that they start sending you their daily/weekly/monthly analyses, which are one of the best sources for on-going forex education.

Furthermore, you probably should attend a brokerage seminar if you’re unfamiliar with the online trading system they use. Most bigger brokerages provide introductory seminars where the trading system functions are explained.

Forex Seminars

Forex seminars are good places to learn from the best traders around. Because the seminar organizers need big crowds to make money out of the events, they usually sign these big name traders to pull in the crowds.

Many use seminars as motivating refreshers as well. FX seminars provide the kind of atmosphere and encouragement that helps to handle the ups and downs of forex markets a bit better.

Furthermore, if you’re already familiar with stock trading, forex seminars may be all you need to get the fast-track big picture on what’s different with the forex markets (for example, many quote the differences in short selling restrictions as one of the major factors).

Forex Instruction – FX-Strategy

FX-Strategy offers intensive web-based courses with an option for personal coaching sessions. The lessons include technical analysis training, using charting software, and money management techniques.

The full forex instruction package includes trading materials, online presentations, lectures, and assignments. The (optional, for fee) personal coaching is given by Doug Schaff.

Instruction for Forex – Learn4x

Learn4x was founded by Abe Cofnas, with special expertise in currency day trading. The company offers courses customized to each student’s particular needs and interest.

Furthermore, the company has aligned themselves with brokerages, allowing for a trading demo system to be used as a training tool.

The company offers foreign exchange instruction courses in the introductory level and advanced level with more detailed technical analysis trading rules.

Instruction for Forex Providers

To start receiving instruction for FX trading purposes, you need to enroll into one of the professional training firms.

There are many companies providing instruction courses on forex markets. Below are a few samples you might want to take a look at.

Best Forex Instruction Courses

If you’re thinking about getting instruction for trading purposes over the Internet, you should look for providers that give a total trading system to trade forex, including but not limited to, entry and exit rules, money management (handling risk), advice on which currency pairs to trade, etc.

Furthermore, as Internet allows for real-time charts to be used in education, the best foreign exchange instruction courses use these charts. You’ll find real-time charts very beneficial especially if you’re learning forex day-trading.

In addition, some of the best providers have aligned themselves with brokerages, sometimes giving you the possibility to get demo accounts to try out your trading style before starting to trade real money.