Compared to self-learning, face-to-face trading learning can provide better results. With this method, traders can get immediate advice from mentors.

Forex trading is a complex world. This means you need a lot of preparation before entering this world. Many things need to be learned to become a trader. Even professional traders continue to learn. In this case, there are many learning methods that you can apply. One of them is to consider learning trading face-to-face.

Self-learning trading is indeed very possible in the modern era like today. You can read many forex books, access e-books online, watch trading tutorials on YouTube, watch movies, and so on. However, learning to trade face-to-face can certainly provide far more benefits. What are the benefits?

learning face to face

 

Benefits of Learning Trading Face-to-Face

One can learn trading face-to-face by taking a trading course or meeting with a mentor directly. Learning to trade face-to-face can have many benefits.

First, there are facilities for training places or forex trading workshops with professional mentors or keynote speakers. These facilities will make it easier for you to interact directly with experts in the field. You won't feel this benefit if you only learn on your own. One of the world-class professional traders, Karen Foo, loves attending workshops like this because she can gain valuable knowledge.

Second, you can get complete and accurate trading tools or equipment. Typically, when learning face-to-face trading, all the necessary tools, such as computers, trading software, and guidebooks, can be obtained in a complete package. This will help you to get to know and adapt to the existing trading tools. With that, you can practice it more confidently and skillfully.

 

Why Should You Learn Trading Face-to-Face?

In addition to the two benefits above, there are many reasons why you should consider learning to trade face-to-face. As the saying goes, "learning is a continuous process," learning to trade face-to-face is not only for beginner traders. Even professional traders must learn to earn additional income and broaden their horizons. Additionally, traders who constantly update their knowledge tend to be generous in sharing their insights. They learn so they can spread their knowledge to beginner traders.

Nial Fuller, one of the professional traders who initiated the "Price Action Strategy," once revealed four main reasons why you should learn forex trading face-to-face, including:

 

1. Directly Explained About Technical and Fundamental Forex Analysis

By learning trading face-to-face, experienced mentors will explain technical and fundamental forex analysis directly in front of you. This way, you can absorb the knowledge more easily. From understanding fundamental forex issues that can affect the market to applying technical analysis to identify market trends accurately.

You can easily determine the right trading strategy if you understand and apply technical and fundamental forex analysis. In addition, you can directly ask the mentor if something is unclear.

 

2. Experimenting Under Expert Guidance

Another reason you need to consider learning trading face-to-face is that you can experiment while guided by a mentor. You can try out all the trading strategies used, and the mentor will be there to explain everything about trading and guide you step by step. This includes making the right entry, stopping loss and taking profit, reading trendlines, understanding the intricacies of candlesticks, and more.

Learning trading in this way can be enjoyable and pressure-free. You don't have to be afraid of making mistakes because there's a mentor right there with you. It's different from learning on your own through online classes. You have to do everything alone. Even if you learn through an online course, there's no physical mentor beside you to help immediately when you encounter difficulties.

 

3. Able to Solve Trading Problems Quickly

Furthermore, learning to trade face-to-face can help you quickly solve trading problems. Beginner traders often struggle to solve trading problems on their own. However, one can receive direct instruction on identifying and resolving issues by learning to trade face-to-face. Such an opportunity cannot be obtained solely through independent learning.

Trading mentors are generally experienced as professional traders. So they can help you detect trading problems quickly and accurately. Usually, trading mentors can also provide advice and input to help you develop a trading career in the future.

 

4. Building Connections

The last reason you should consider learning trading face-to-face is the opportunity to build connections. Forex trading may be done individually, but there's nothing wrong with having many colleagues in the same field.

Trading courses are usually held in a classroom or auditorium. From there, you can meet many participants from diverse backgrounds. Take advantage of this opportunity to build as many connections as possible and join the forex trader community.

The more discussion partners you have, the deeper your insights will be. You can gain valuable knowledge that you didn't know before from them. If someone is a good match and frequency, you can consider them as a trading partner.

 

Tips for Learning Trading in Person

Learning trading in person can bring many benefits, especially for beginner traders. However, to get the most out of the experience, you may want to consider the following important tips.

 

1. Choose an Experienced Trading Mentor

Before enrolling in a course, it is better to find out the mentor's background first. Ideally, choose a mentor with at least 10 years of experience in forex trading. Why? A trader with a high level of experience has already experienced the ups and downs of the trading world. They will not just tell you about the sweet things. A mentor who has experienced the joys and sorrows of trading will also tell you about the bitter parts.

With this, you can learn from their trading experiences, such as how they anticipate negative events, solve problems, control emotions, etc. Use their advice as a source of inspiration and motivation.

 

2. Be Active and Critical in Class

The second tip is to ensure you are always active and critical in class. For example, express your opinions frequently, don't be afraid to ask questions, and be actively involved in discussions. Ask your mentor many things about trading.

You are entitled to important information about trading strategies and other aspects from your mentor. However, be careful not to ask already obvious questions, as this may give the impression that you are trying to flatter them.

 

3. Never Blame Your Trading Mentor

This last tip is very important for beginner traders just starting to learn. Forex trading is not a sure thing like mathematics. Many factors influence trading success, including practice, knowledge, experience, sensitivity, market changes, etc.

The fact is, even professional traders who have received the best education can still fail in trading. This shows that forex trading is not just about profit but also the risks behind it, in accordance with the principle of "High Risk, High Return."

So, if you experience failure, it doesn't mean your mentor has wrongly educated you. You could lack practice, pay less attention, and ignore your mentor's advice. No trading mentor deliberately leads their students astray. So, instead of blaming your mentor, evaluate yourself first when you fail.

 

Final Words

In conclusion, from the above discussion, it can be concluded that learning forex in person has many benefits. Compared to self-taught learning, learning trading directly from experts will make the learning process easier and more practical. So, if you have the time and extra funds to take a trading course, why not?

It is safe to say that education is one of the most important things in trading. If the traders understand what trading Forex is all about, their effort will be worthwhile and profitable.