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I have discussed over forex trading with so many of my friend traders plus the new comers who are joining forex trading to become a milliners fortnightly, during the year 2009 I have many time perceived to write on forex trading in Nigeria but refused coz at least people get into it and be experienced initially which is very necessary for learning and than earning. I have got to know that we are in hurry to be wealthy at the earliest and sticking over the crumbs moving towards forex trading like lambs.

Some out of us are playing with platforms when saw the candles are becoming downward we started selling and when seems that its moving upward we couldn’t stop us to buy spots. Hey.. this is purely a new trader mentality not in Nigeria only all over the world, these new comers have no room in forex trading coz they are 99% looser.

Although things are almost we need to workout over the sentiments, greed factor, fear of loss, but the way adopted is not appropriate. I have somewhere seen people to invest thousands of dollars in learning forex, finding institutes in Nigeria, Let me elaborate here what will you learn in forex institutes nothing but the basic syntax the way how to trade.