It is important to ask one simple question before you provide your credit card details: From whom do you receive your trading tips and advice? It is only possible to learn forex from knowledgeable people. Someone who has not traded the trading systems they are teaching cannot guarantee their success. There is a possibility that their only source of income comes from the sale of trading products, check that.

To verify claims in advertisements, you should ask to see real trading records. These must be verified and audited. It is best to have a track record of at least two years. They won’t exist most of the time because many haven’t been traded. Many of these books are built on simulated or hypothetical scenarios that have known prices. There is no guarantee that the trading strategies they use will work for actual trades. Simulations can differ from actual trading.

Never trust anyone other than forex specialists who have proven to be successful in making money over the long term. They do not make any assumptions. Instead, they speak from personal experience. It is easy to get information about Forex trades on the Internet. You should verify and check your data to be sure that you’re learning forex trading lessons.