by Tyrone Islo

The hard part really isn’t finding a forex mentorship program. In fact they are a dime a dozen. The tricky part is finding one where there is somebody who actually knows what they are doing. Believe it or not, that’s hard to come by in this day and age.

For instance, I love all the forex forums as much as the next guy, but have you ever noticed its all the same information being talked about?

You can’t go on any forex forum, and not see a million threads dedicated to the subject of indicators like Stochastics. The funny thing is that their is someone claiming to be the expert, by I can almost guarantee you that he is still using a demo. How sad is that?

For whatever the reason, people just love the bells and whistles that come along with a charting platform, such as stochastics. But eventually they get bored of them because they realize that none of these things work.

My intention isn’t to come down hard on these people. Truth be told, I was exactly like them, when I first started trading.

But after a while, it just dawned on me that they weren’t helping. I really wish more people felt that way. If they did, you wouldn’t be seeing all these useless trading systems on the market.

A true forex mentor doesn’t have to come up with any gimmicks using lagging indicators. Almost every trader worth their soul can just look at a simple price chart and tell you where the price is headed.

The reason they can do this, is because they actually understand the market, which is a lot more than I can say for the cast majority of the trading public.

About the Author:
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