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

[danielc1]

agree but where will you find a real trader who has time energy ........

like you said you cannot pay a good trader enough so what ever you pay will never be enough.....so it is likely that whatever you offer a real trader will not be enough and he will refuse to mentor you!

only bad traders put price on their ability.........

put in the hard work, invest your time money [losses], understand what your goal is ......millions or covering daily expenses......

be prepared for at least 10 years to train yourself..........

There are other 'rewards' then money for a succesful trader to take someone under their wings. A pricetag is just to scare off the uncommitted ones.

That 10 years to train yourself is a trap of repeating the same mistake in other clothes. The focus on charts, indicators, entries, exits ,are not the answer to make money in the markets. If you spent ten years on that, you will spent another ten years on it without real progress. There will always be another approach to read the market. If it is not volume analyses, it will be price action, if it is not price action, it will be statistics, if it is not that, you have Market profile and so on. The big thing is that everything works, if you know yourself enough to use it. That does not have to take 10+ years. It can be done in 6 months.

 

[1a2b3cppp]

The big thing is that everything works, if you know yourself enough to use it.

No, why does this nonsense get recycled.

MACD is worthless. There are 0 profitable systems that use MACD.

This is like saying all martial arts work, if you know how to use them. Well, not exactly, because this only applies against a trained opponent. But you get my point.

 

[deaddog]

No, why does this nonsense get recycled.

MACD is worthless. There are 0 profitable systems that use MACD.

Check this out;

 

[Fonz]

Check this out;

There is nothing better than manual backtest, especially on a replay mode.

 

[KCalhoun]

Educator checklist & tips:

• Authenticity: is the educator a real trader with P&L proof of recent trades?
  
• Credibility: are they recognized, published, respected?
• Fit: does their approach match your ability to learn?
  
• Validity: before buying, test their free content (youtube/ig)
  
• BS meter: be skeptical
• Video testimonials: do their students speak highly of them?

 

[helpme_please]

This is the best piece of financial advice I heard with regards to trading courses.
https://www.elitetrader.com/et/thre...ice-i-heard-regarding-trading-courses.328821/

 

[SimpleMeLike]

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,

Dazz,

Very good post.

 

[Dazz]

This is the best piece of financial advice I heard with regards to trading courses.
https://www.elitetrader.com/et/thre...ice-i-heard-regarding-trading-courses.328821/

not true at all: Jim Simons found a way to make money, set up Renaissance Tech. LLC and his Medallion fund has earned an aver of 56% every year since 1988. Jim is worth $25.6BB.

 

[apo99]

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 dont know who told you this nonsense, the teachers in the medial faculty teaching at my university were the best doctors in the city, same thing goes for law and everything else.

 

[1a2b3cppp]

That MACD video is garbage. He says "do not take trades if signals are confusing." lol. How about give a system that doesn't have confusing signals?

In his description, he says "there are different ways to set profit target." Really? How is this a system if there are different ways to do a thing.

Furthermore, watching his video, he skips lots of trades that wouldn't have worked.

The comments are funny.