Seems like most are MY SECRET INDICATOR or HOW TO USE THESE INDICATORS. Obviously nonsense. Because you know, if you have a winning system, you definitely don't use it yourself - you sell it for $59 on youtube videos really. But what would you ACTUALLY look for. Like, I feel like most of these are directed at noobs who think if I could just learn the best combination of indicators I would win. Is there anything you would actually consider good in a course?
There isn't any special sauce in trading. It's finding something that works, use proper risk management and have discipline and emotional control to go with it.
I have never paid for a course, save one, but that was only for a single piece of information that I could not find anywhere on the Internet (back in 2010), information which is now readily available. However, I found this question intriguing because I have learned from people who do offer courses, though I never took them. So I thought about what these individuals (they always seemed to individuals—not schools or services per se) had in common, if anything, and this is what I came up with… They all offer helpful, valuable, and verifiable information for FREE, some of them on a weekly or even daily basis. It seems like all of them where successful traders for years, with verifiable employment as trading professional, before they began mentoring others. They all still trade actively (and a few have even handed the instruction part of their endeavors back over to others, I guess because they just don’t have the time to do both). Most all of them have also been hired by known entities to train their own customers and/or employees—entities such as E*Trade, Nadex, TD Ameritrade, etc. And as far as I know, it’s impossible, or nearly so, to find anything negative written about them. Oh, and one other thing…virtually none of them make “pie-in-the-sky” type promises.
I never took a trading class but what i have learned over the years is that so long as u dont take a class looking for answers but instead take a class to develop your own questions then it is worth it. i was against classes and all that but if the price was not high it might speed up the learning curve just dont expect it to give u a winning strategy. i can teach you how to golf but that doesnt mean u will take that knowledge amd become tiger woods but it might help you on that path. but expense is relative.
I'd like to see a money back guarantee. That said the student would have to show a documented trade record where they followed every thing taught in the course.
lol. get bent is what i would tell you. most teachers teach medical school because they make great teachers but didnt farewell in practice or surgery. there are differences. anyone trading successfully wont want to train or teach you basics u gotta bring them something aka a new idea or reinforce what they are doing. most teachers will have failed at trading amd thats not a bad thing i bet they learned a lot
I just said what I would look for in one; I don't expect to find one. With someone teaching a skill you would think they could demonstrate that skill.
Successful futures trading requires some form of true talent (how could it not, as some 95% of us fail) and successful trading is extremely competitive, like most events on the planet. So if a successful futures trader were to host a training event to showcase their "true talent" then you can be assured of one thing: true talent is not transferable. After training you might be better but you will not acquire true talent. Take a training course from Tiger Woods and you golf might be better but you will not be him. Heck take a training course form Beethoven, your piano might improve but you will not be him. Bottom line: expect nothing,