MoneyShow Virtual Expo - See Ken & others
- Thread starter KCalhoun
- Start date
I see this as a pump, strut, pomp sales festival with many of the people if not all are nothing more than salespeople. Many of them have not traded for 10 years and in fact most of them are simply book salesman. The goal is to get leads and turn leads into paying customers.
When I was in the university if many of the students failed an exam or the entire course, the teacher was blamed not the students. Since the vast majority of futures traders seem to fail in spite of all the training that goes on I am of the mind to blame the teachers especially those that have been teaching for 20 years. Just saying….
When I was in the university if many of the students failed an exam or the entire course, the teacher was blamed not the students. Since the vast majority of futures traders seem to fail in spite of all the training that goes on I am of the mind to blame the teachers especially those that have been teaching for 20 years. Just saying….
In my experience it's not what's taught, but
that very few practice what they're taught.
Most Futures trading mentors/courses will instruct a new trader
to SWING TRADE ONLY 1 or 2 micro's. They will tell
him or her to stay away from scalping until they've
gained more experience.
But all new traders want to do is scalp scalp scalp.
Scalping is not a valid method for inexperience,
It's highly STRESSFUL, and a novice has yet
to build up his mental mindset
They'll have a much better chance of learning market
structure, trade management and selection, risk management
and the psychological benefits of consistency if they
stop trading after only 2 or 3 wins.
But few listen, (to their instructors) they'd rather try scalping 10 freaking mini's
on a 50k account, only to be met with continued frustration
and failure.
They are IMPATIENT, and do not believe they can build up
an account slowly. They want to make 50k a week like
the Guru's on Youtube.
One of the many advantages to Moneyshow events is they feature a variety of speakers that cover either swing or day trading as well as speakers on different instruments such as options, stocks, ETFs, or futures.
So there's a variety of speakers to choose from, each of which has a different strategy to teach.
So there's a variety of speakers to choose from, each of which has a different strategy to teach.
personal conjecture, non-specific rant and psychological dribble.
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Who was the broker or trader in 1987 who made his sister(teacher), single mom and himself($30m+) millionaires and quit trading because he knew it his once in a lifetime lotto trade buying all the cheap puts? It’s in a trading book.
and still non-specific.