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Forex Mentoring Program - Which One Should You Choose?

It really isn’t that hard to find a forex mentoring program. But finding one that can actually help you…well that’s a different story altogether. I don’t think there has ever been a time where there is more faulty information on the internet. To give you an example, just take a look at all the forex forums. I visit them from time to time, but have you ever noticed most of the information they talk about is the same exact thing over and over again.

To give you another example, I bet you can find an insane amount of threads from people who are just talking about how to make money by just trading stochastics, while more than half of them have never traded without a demo account. I think people love the idea of playing around with indicators, gadgets, trading robots, etc…and they can spend years talking about it on these threads. I’m not trying to put anybody down, because this is how I got started with trading but eventually I said “enough is enough”.

That’s the kind of attitude a forex mentor should have. They should not be going over any of these kind of useless gimmicks and they should get to the heart of the matter, which should be to teach a trader how to truly understand and comprehend the market. This all begins with understanding what price action is all about. The moment you can understand how to trade the market just by looking at your most basic price chart (whether it be bar or candlestick) then you know you are onto something good.

John Templeton has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared.

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