What to look for in a forex trading coach

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What to Look For in a Forex Trading Mentor
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Forex Trading Mentor

• Forex Trading Mentor is the only online service
  providing expert traders with an advanced method
  of currency trading and one of the fastest ways
  to earn money from the FX markets. They provide
  expert training for both beginners and advanced
  Forex traders. Their services are provided in the
  Forex markets from Sydney, Japan, Hong Kong,
  Germany, and many other international locations.
  Their services are always free and are tailored
  to suit the needs of the individual trader. If
  you have any questions or concerns regarding the
  Forex markets you can contact them.

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What separates a good coach from a bad mentor? 

• A good forex coach can teach you without
  violating your rights. A bad mentor would give
  false information and guidance and might even
  encourage his/her student to lose a lot of money
  in the forex trading markets. So before you sign
  up with a new mentor make sure you do your
  homework first to make sure the person is
  suitable for you and will give you only
  worthwhile information to help you start making
  money. Here are some signs of a bad mentor

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Does the Forex Trading Mentor have a YouTube
channel? 

• A great way to judge the effectiveness of your
  mentor is by the type of training he/she provides
  with their website. Forex coaching should include
  videos, which can help you understand the basic
  concepts of trading currencies. If the mentor
  does not have a video for you to study then you
  might want to look elsewhere for an effective
  mentor. The Forex Trading Mentor has a very
  active YouTube channel that often features a
  short video every week which provides relevant
  insights regarding currency trading.

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Is the Forex Trading Mentor financially educated?

• It is important that your financial education
  matches your Forex trading mentoring program. You
  need to understand the risks and rewards of
  trading currencies so you can maximize your
  earning potential. Your Forex mentor should not
  recommend anything which is contrary to the
  advice of your financial planner or is
  financially unrealistic.

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Can the Forex Trading Mentor provide tangible
examples of their own trading success?

• Your mentor should be able to provide you with at
  least one real example of when they profited from
  their own trading. Even if they are an internet
  marketer and not a trader in real life, it is
  still essential that your mentoring program
  teaches you trading psychology. Many successful
  traders do not just advise trading but actually
  live by it and share it with others. There is no
  substitute for a great real-life example of
  financial success to build on your confidence and
  ability to become a profitable trader.

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Is the Forex Trading Mentor qualified as a
broker? 

• This is a critical factor to consider. If your
  mentor is not a registered broker, he/she should
  not be allowed to give you trading advice or any
  type of instruction. Brokers are regulated by
  federal and state laws. They must follow strict
  guidelines and have to hold a professional status
  in a relevant field. There are many good,
  reputable, registered brokers who will gladly
  offer you advise and trading training.