LOL. What about surgery then? Does the drug industry teach surgeons how to operate now? Come on guys don't be silly, you cannot compare higher education with a $300 online trading course. Unless you read philosophy or some other crap in some 3rd rate university you most likely acquired some useful skills. Also don't forget that you need to be **certified** to get to prescribe those drugs, and you won't get any from a $300 online course.
second part of the documentary? it's already out. in fact, the video at the beginning of this thread is Part 2
The point is the pro's and the brokers are the only successful ones. Not the "trade from home moms" they sell to.
True, typically I've noticed they select a time period that suits their so-called strategy. For example a long-only strategy would perform amazingly in the last 2 years and the equity curve would be beautiful but we all know what would happen if you tried to trade that in a bear market. This trick is old and not specific to the field of trading but it works almost every time. If you're a slick salesman with loose morals and no real trading skill, it's the best road to take.
Outted a few con artists you expose them in 1 group and there wise to this and have 10 other groups which all look the same but different members and they stop you from getting to those other groups, so there still making a fortune. FactoryForex or ForexFactory can never remember, there was a guru there everyone raved about, his methods where just ludicrous so called him as a scammer took flack from it for years then he got done frauding 3.4Mil I think it was off his flock. Trying to help someone to trade better and get the " but Jacko says, H4 and candle stick bla bla bla and your method is wrong " despite what've they have said obviously isn't working for anyone, they just don't realise the damage they do to all retail traders pretty much, there "methods" get passed off as real when there obviously NOT!! Currently all scammers are on the ZERO LOSERS yes ZERO LOSERS just use my method ( random guessing / baskets ) and don't even bother to set a SL, only 1 loser guaranteed the mother of all losers LOL p.s. Hi Magix the scammer I outted selling no SL EA's, who's gang then hounded me off the forum, incase your reading!
You're exactly right. If I were to set up a trading school, it would be about the structure of the markets, practical statistics and risk management. It would include a lot of stuff on *why* trading the traditional trading rules are necessary. It would be about how to recognize an edge if you find one, and how to use it. The edge itself is not so easy to teach.
If I ran a trading school, it would be about ignoring traditional trading rules cause there all a trap to make retail lose there money. When you get to the money making stage, you will see this, the RULES have wasted me a lot of time, if not for the rules being forced down my throat I could of been living a dream life many many years ago, I kid you not!