If you are a considering trading as a career, please do not make the same mistake as I did. Before signing any contract or handing a check over for a training program please consider the following: How long has the trading group been around? Does the trading group have a website w/ testimonies? Can you get comments from the students? How many years have their senior traders been trading for? How long has the average trader in the group been trading for? Are the senior traders doing the training or some guy who just finished college? What kind of trading strategies do they teach? How much can one lose before they are asked for more money? What are all the fees? (Commissions, payout, data, etc.) How fast and reliable are the computers? I post this warning because until this year I have never fallen for any scam before. About six months ago I paid $5000 to join a New York based trading groupâs training program. Over the months I have faced hidden fees, higher than expected commissions, stuck orders, mysterious accounting, and out dated strategies. And now the group leader is asking for more money, because apparently there is a $2000 lost limit. Despite this bad experience I am not giving up trading. Iâm just going to go to another firm. Any suggestions? Thx, NB P.s. I will not trade with Blackwood again.