Time for the last article in a series about the secrets of the Forex market. We have already covered many important topics, such as market makers, transaction costs, the advantages of other financial markets, ECN brokers, and others. We have time for a couple of more interesting subjects. Let's get started.
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All beginners always have a tough time. At school, at work, and obviously on Forex. You have to learn new rules, understand the essence of things, process huge amounts of information. And even the most trained in theory beginner often doesn’t know where to start in practice.
Trading foreign exchange currencies is available for everyone now, so every day, newbie traders join the market to get rich. So who should you contact to prevent all these mistakes that can ruin the whole impression of trading? Right, it's your FX trading coach! A Forex mentor is a person that can decrease trading risks by sharing his invaluable experience, and even market players who trade for years sometimes ask for help from these ninjas of the world of currencies.
At the moment, the Internet is full of misinformation and really non-useful tips from traders that are in a hurry to share their experiences without even showing any successful results themselves. They tell about their pseudoscience on the forums, they write in blogs and print articles. Following their advice, you can easily empty your trading account and never return to Forex because of the disappointment you’ve gained.
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