since we know that all trading courses are bullshit, what would you actually look for in one?

Trader200K · Sep 6, 2020

smallfil said:
There is no money back guarantee otherwise, everyone would want a refund after getting the information on the trading course? Nowadays, most of that information is available on the Internet and You Tube videos. Still, people looking to fork over $3,000 and up for a mentor to teach them? Last time I checked, most of the great traders do not take legions of students to teach. Someone mentioned Linda Bradford-Raschke, however, considering she is that well known, if she conducts seminars, it is few or far between. Most of the time, it is in those Investors Conferences in Las Vegas where she charges like $250 for an hour? Maybe, she will throw you a couple of setups for that price? People are just lazy, they want the easy way out. Considering there is a mountain of free information out there on trading, you would think people will just do some research and build their own trading system? The thousands you would pay the mentor, you can use as your trading capital?
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Conferences worked best for me where you can get in 10-15 seminars over a couple days. 95% is useless or old, but that one 5% class light bulb idea makes it all worthwhile.

traderking007 · Sep 6, 2020

tommcginnis said:
So iregardless, their all lazy, all right.

(Okay, so, I count 5 irritations right there. But that's just righting. What about the more pertinent?
• "Zero-sum game."
• Technical Analysis predicts the market.
• HV v IV, oh GOD. But for that matter,
• "Vega" is NOT a greek.
• "Price Action". Period.
• The market is random.
• The market is rigged. Oh! And here it comes,
• They're hunting my stops!
• Those who can't, teach.
• Simulated trading is worthless.
• My platform sucks -- broker hates me.
• ________________... ... ... )

Nerds? Perhaps, but then, NO. Having structural impediments to a sound theory/understanding means you're more subject to error, bad theory, even "magical" thoughts. Too much at stake for that. Each day; every trade.
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impressive you just listed the titles to like 500 white papers on trading.
i would however take out stop hunting and name it stop slaughter its not really a hunt anymore

maxinger · Sep 6, 2020

1a2b3cppp said:
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?
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The best of the best combination of indicators is the invisible one.
In the 1980s, I started with hundreds of indicators. Now I have zero.

Indicators are widely taught by professional talkers so as to impress their
students.
Also, students are expecting professional talkers to show some
'secret' indicators. So professional talkers have no choice but to
preach about how great their indicators are.

are there any professional talkers who earn money from trading?
Only about 5% of the professional talkers earn money from trading and
not talking.

Good luck with your continual hunting of miracle indicators.

SanMiguel · Sep 7, 2020

The course seller generally has to have a video of him in a Ferrari or on a beach in a Jacuzzi before I will even consider buying their course

Dazz · Sep 7, 2020

will matching his & hers Vipers do?

KCalhoun · Sep 7, 2020

what really counts is authentic video testimonials like these imho

no ferraris needed

Pekelo · Sep 7, 2020

This is one of those stupid threads, equivalent to:

We know anti-gravity devices are bullshit, but if I still want to buy one, where should I get it from?

I mean, seriously....

notagain · Sep 7, 2020

BollingerBandwidth indicator warns against trading a narrow sideways market.

smallfil · Sep 7, 2020

Trader200K said:
Conferences worked best for me where you can get in 10-15 seminars over a couple days. 95% is useless or old, but that one 5% class light bulb idea makes it all worthwhile.
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Have sat in on a couple of seminars on trading and there is nothing there that you would not have read in the so called guru's books for instance. It is just a re-hash of what he has in his book or books. The value of the various courses is when you pick the best ideas and mesh them into your own trading system. Nobody is going to give you their secret sauce or holy grail if you want to call it that. Just look at You Tube. You have various traders having different approaches to how they trade the stockmarket. Not all trading ideas and methods will work for you. You have to pick the best ones that mesh with your approach.

deaddog · Sep 7, 2020

smallfil said:
Not all trading ideas and methods will work for you. You have to pick the best ones that mesh with your approach.
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There in lies the problem.

If it is a viable strategy it should work for everyone. If it doesn't work for you it is very probable that you are the problem, not the strategy.

It is said that you have to find a strategy that you are comfortable with, that fits your personality. But is it possible that what you are comfortable with doesn't work.