Thread: investment on mentors and systems. worth it?

i'm currently thinking if i should put my money on mentors and systems. mentors are way way expensive, but if they are good, why not? systems are good, but they one day, the system fail, you're on your own. so what do you people think?

is there any mentor/system you guys recommend?
or any video course. and what is the best forec product review site?

Being a member of a successful mentoring system, you will already eliminate this reason completely. As long as you follow the steps that are laid out for you within the member's area you'll have all the experience you need. You get to learn from the mentor's mistakes and do only what he personally found to be effective. Your personal mentor's wealth of experience will carry you through any issue with ease.

Here are some thoughts on this subject I got from Platinum Training Solutions website... Platinum Training Solutions is a legitimate Utah training and mentoring company, so take this with a grain of slat.... but I liked what they wrote, so I hope it is OK to quote it here....

Forex has enabled beginners to catapult themselves into the exciting world of foreign exchange trading, but currency exchange is not a guessing game, and novices aren’t generally successful right off the bat. Like anything else Forex trading requires training and know-how. Consider the following reasons why you should consider using a Forex mentor, tutor or platinum training solution to improve your trading abilities:

Understand the Unknown

When trading currencies, or any commodity, you will undoubtedly encounter alien looking charts and figures. Without formal trading from Platinum Training Solutions, you will not be able to properly interpret daily information feeds, which will harm your ability to do informed trading.

Know your Resources

When trading Forex you will need to regularly consult a list of critical resources, including your mentors and coaches at Platinum Training Solutions. If you do not feel comfortable using: the law of the charts, probabilities, Investopedia, Forex news, Daily FX, Forex blogs, the Forex Symbol Table, historical currency exchange rates, and more.

Learn Patience and Timing

The most important, and difficult, aspect of trading is knowing when to buy and sell. Novice buyers often sell out of excitement and anticipation, regardless of correct timing. A Forex mentor can teach you the patience you need, and show you how to recognize the right time to buy and sell. Remember that this is an art form and being precise is critical.

Frustrations

As a novice trader, you are going to get frustrated. Nobody is successful on Forex overnight and there are many hurdles you must get past in order to be successful. A mentor, tutor or platinum training solution can help you get through the tough times and ensure you make it to the light at the end of the tunnel.

Save Time

For those eager to make it rich on Forex quickly, save yourself the time and effort of learning the hard way. When you go it alone on Forex you will undoubtedly make a lot of mistakes on your way to success, and this is ok, but it will cost you precious time. A mentor or platinum training solution will carry you over those hurdles by glossing over the mistakes (and the costs associated with them).