Is coaching in Forex helpful?

[Dita Walczak]

If a trader does any course under any professional traders, then it’s appreciable but a trader should judge the quality of the coaching where he intends to get in.

 

[moonchild]

Yes, I say this all the time if you're starting out as a beginner trader, it is very important to find a mentor that can help you, forex is hard for beginners and it takes time before you get the hang of it, it is important to find someone with a track record you can learn from.

Their are a lot of mentors, some online and even from your immediate environment if you check well, the latter is preferable because it's easier to learn one on one, with a good mentor it will take you around 3 month to learn properly and go out on your own.

 

[Asahi]

Coaching in Forex can be highly beneficial for traders of all levels. It offers personalized guidance, strategies, and feedback, accelerating learning and helping traders navigate the market's complexities while avoiding common pitfalls.

 

[FinTrader]

Education is not only useful in Forex, but also necessary. We will not be able to make money in this market if we have no idea about market analysis methods, do not have our own trading strategy, and do not control risks. At one time, the fxopen analytical blog helped me a lot, where price behavior for many trading instruments was analyzed using technical and fundamental analysis methods. For me, this gave me the basis for creating my own trading strategy and now my trading is much better.