You seem to me a little naive. Its a big question what is this knowledge they can provide you with. I don't think there is another business on the planet where you are in danger of learning absolutely nothing (outside of lesson in randomness) if you are watching the wrong things. It would be like Roger Federer began training tennis using baseball bat instead. I wasted years looking at nonsense and that is precisely what you`ll be getting from this "trading gurus".
I'm sorry. I disagree. I hear the same argument against college. In fact, you hear this all the time on ET. Why should I spend 100k listening to some professor who couldn't hack it in the real world teach me about efficient market theory. I'm sorry bud, all knowledge is good, even bad knowledge. Traders live and die on information. That information is agnostic for the most part. Meaning it's not presented with a value sign on it. It's the trader's job to create value from information. I'm not disagreeing that most vendors provide crap. I'm saying they have a right to do that and place that crap in the market and receive whatever price the market will bear. This is true of ALL industries. In fact if you compare spending 150k on 4 years of college vs say 2k to 5k on a handful of lousy vendor services, many will argue that you will come out far ahead with the vendor services. Not because the quality is higher but because you paid less for it in both price and time. You as a consumer have to take ownership of your choices and what you purchase. And not simply lay the blame on the seller. You are suppose to be intelligent enough to find the value in the things you purchase. Ironically, that is the very skill set required to be a good trader. Imagine that.
Sorry but i disagree also, from my experience most of the so called Guru's have nice looking methods, which look great in back test so they appear to work, but live there totally useless, which is why they move to selling them. Then they post after the fact trades with perfect exits and all the usual stupidness. Selling your something that doesn't work is against the trade descriptions act and therefore there scammers or theifs simple as. Most aren't intelligent enough, why they fall for these scammers, in 1 way I think it's there fault in others we should protect them from themselves it's a tricky 1.
Bad analogy. You get a diploma if you go to a university, but you get only hopes and dreams when you buy BS courses from these vendors.
This post right here is UH-MAZING! hahaha. Listen man, do a little bit of due diligence before trying to blow someone up like this. Mav is one of the most well-respected experts on this dumpster fire website called ET. I've only been a professional trader for about 4-5 years of my life and that was only trading energy, but Mav is hands down one of the best and most intelligent traders I've ever met. This dude eat, sleeps and breathes the markets and then he poops brilliant trade ideas. Do a little homework on the people you are trying to call out before you actually try to call them out. Because in the end you're the one that looks like the "bozo".
I agree. I never really learned much from books and vendors. I gained trading knowledge I could use by working on Wall Street, literally and figuratively. The danger is not just learning nothing but also losing a lot of money.
He looks like a trader. But is he really a profitable trader? Looking like a trader and being a profitable trader are not the same. Course could be a scam. I would bet $100 that the course is worthless. Btw, didn't he just get $50 million fund to manage? Would you still sell courses after being funded 50$ million? I would not bother selling courses.
Actually, I've dug into what colleges teach, it's largely fantasies. At least with vendors you know you are dealing with lying con artists. The best lies are half true, so you might learn something useful.