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

[bone]

I’ve seen your posts on pairs, and we don’t do your pair trades. We don’t do forex pairs, either. I discourage it in fact.

had to chime in here
Bone you are also just teaching what can be found in a book or online. its outrageous to act like spreading is "special" or that you for some reason can elevate a students profit potential just because you showed some math on random walks.

you do have a special price that is for sure. 7000 dollars. wow. thats very special.

spreads are not rocket science and do not have any better of a chance of being profitable than anything else outside ones ability once you add in slippage HUGE and fees Enormous.

i do some pair trades and its good knowledge but would i ever tell anyone that a 7000 dollar course is worth it. no way.

i would say. open an account and trade after reading a few books and searching online about trading pairs or spreads. i mean you talk like you are so much better than all the teachers at trading yet you are teaching and paying for advertising on this sute to teach.

im very well versed in spreads in futures stocks curremcies and using options for a full limited risk spread maybe i should put a file together with all my collected papers and knowledge and start teaching this special area for a fraction of the cost of what you charge

oh never mind even at 7k a pop it wouldnt be worth my trouble or time to teach the basics over n over. spreading is getting less and less lucrative due to the lack of liquidity and breakdown of many of typical correlations. it has become riskier due to less reward based off of an outright gain perday after execution slippage n fees

most spread charts lately even done properly still resemble outright charts except you are doubling fees and commission.

no issues with what you teach but if we are keeping this threas real no matter how you slice it you are just another teacher with a price as much as an online college education.

 

[traderking007]

I’ve seen your posts on pairs, and we don’t do your pair trades. We don’t do forex pairs, either. I discourage it in fact.

interesting I was taught that pairs are spreads. I wasnt attacking you and i am not against teachers teaching and what you charge is what you charge who am i to tell you what to charge. but the space is crowded depending on time frame and liquidity is always an issue with spreads or pairs on entry and exit if you are doing size and short time periods.

most people do not do well with pairs and same with the long short mutual funds they last maybe 4 or 5 years and usually lag the mkt

 

[bone]

Yeah we don’t do your pairs and we don’t do short time periods either. I haven’t day traded a spread in thirteen years.

interesting I was taught that pairs are spreads. I wasnt attacking you and i am not against teachers teaching and what you charge is what you charge who am i to tell you what to charge. but the space is crowded depending on time frame and liquidity is always an issue with spreads or pairs on entry and exit if you are doing size and short time periods.

most people do not do well with pairs and same with the long short mutual funds they last maybe 4 or 5 years and usually lag the mkt

 

[traderking007]

that takes the slippage and fees out of it for sure. ok appreciate the feed back.
and as the ex pit spreaders working as teams used to say!!
You put your left leg in
Your left leg out
In, out, in, out
You shake it all about
You do the hokey cokey
And you turn around
That's what it's all about
Woah, the hokey cokey
Woah, the hokey cokey
Woah, the hokey cokey
Knees bent
Arms stretched
Ra-ra-ra
You put your right leg in
Your right leg out
In, out, in, out
You shake it all about
You do the hokey cokey
And you turn around
That's what it's all about

 

[traderking007]

I’ve seen your posts on pairs, and we don’t do your pair trades. We don’t do forex pairs, either. I discourage it in fact.

for what its worht i still love the long intc short amd story and you get the dividend

 

[bone]

I started out trading inter market Treasury Spreads in the Pits and was mentored by KR, the biggest Bond Roll Spread trader ever, and by Ray Cahnman from TransMarket.

I legged spreads on Project A and Globex and DTB in the late '90's and later on Eurex and LIFFE. I was an original Beta tester for the Trading Technologies AutoSpreader.

I trade more complex spreads and I swing trade them. On very rare occasion I will trade an inter market pair (like a crack spread) but that is a rare exception. I am almost always into a butterfly or a condor or another more complex variation.

that takes the slippage and fees out of it for sure. ok appreciate the feed back.
and as the ex pit spreaders working as teams used to say!!
You put your left leg in
Your left leg out
In, out, in, out
You shake it all about
You do the hokey cokey
And you turn around
That's what it's all about
Woah, the hokey cokey
Woah, the hokey cokey
Woah, the hokey cokey
Knees bent
Arms stretched
Ra-ra-ra
You put your right leg in
Your right leg out
In, out, in, out
You shake it all about
You do the hokey cokey
And you turn around
That's what it's all about

 

[1a2b3cppp]

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.

Ah clever.

 

[1a2b3cppp]

It is not that simple. Most people that want to learn 'how to trade' do not know the complete road to a consistent profitable system. There are many aspects you need to address. Learning on your own is almost a sure way to losses. You do not know what you do not know. The obvious in trading like entry, exits, money management or systems that are rule based is not the answer in becoming a successful trader. You need to adapt your thinking, who you are and what you want to achieve in trading. There are exceptions, natural born traders that figure it out on their own. But most traders are influenced by one or more other successful traders. Having someone that know the road ahead is at least a time saving benefit and at most an example how a decent trading plan looks like, with consideration of the person behind it that makes it work. If you think you can learn how to trade with youtube and free information on internet, how do you know if the information you are getting is right, if you are not a profitable trader yourself? I find many information sellers or pretenders giving information that seems plausible for the unknown but almost all the information available is about some kind of system you could use on a chart or with a computer and I'm telling you that that is the last thing you need to become a successful trader. It is like giving a kid a basketball in the hope he will go pro. It ain't going to happen.

Yeah, but that kid isn't going to go pro without a basketball, either.

 

[1a2b3cppp]

use only your eyes...trade what you see

Literally the worst trading advice ever.

 

[Thor]

Probably 98% of courses are useless and 2% are gems.
After 10 hard years of wasting lots and lots and lots of money buying shitty courses which have almost zero value, I think it is ENTIRELY your luck that you connect with the right guru.

Somewhat like the odds of meeting the right woman to marry, but these odds are better.