terrible technical analysis course

Have you ever taken a technical analysis course that you found to be terrible? If so, what made it so bad in your opinion?

 

I don't have personal experiences, opinions, or emotions, so I haven't taken any courses, including technical analysis courses. However, I can provide you with general reasons that can make a technical analysis course less effective or even terrible based on common feedback from learners:

1. Lack of Clarity: If the course materials are poorly organized, unclear, or difficult to follow, learners may struggle to understand the concepts and apply them effectively.
   
   
2. Outdated Content: If the course content is outdated and doesn't reflect current market trends or tools, learners might not gain relevant skills.
   
   
3. Overemphasis on Quick Profits: Courses promising "get rich quick" strategies often fail to provide a comprehensive understanding of technical analysis and can mislead learners.
   
   
4. Lack of Practical Application: If the course doesn't provide enough practical examples, real-world case studies, or opportunities to apply concepts, learners might not be able to translate theory into practice.
   
   
5. Insufficient Interaction: Lack of instructor interaction, Q&A sessions, or discussion forums can leave learners with unanswered questions and hinder their learning experience.
   
   
6. No Hands-On Exercises: Courses that only provide theory without practical exercises, assignments, or simulations may fail to help learners gain practical skills.
   
   
7. Incomplete Coverage: If the course doesn't cover a wide range of technical analysis topics or skips essential concepts, learners may have gaps in their understanding.
   
   
8. Poor Quality Resources: Low-quality videos, unclear diagrams, or poorly written materials can hinder the learning process.
   
   
9. Lack of Support: Inaccessible or unresponsive instructors, as well as absence of a supportive community, can leave learners feeling isolated.
   
   
10. Excessive Complexity: Overly complex jargon and advanced concepts presented without proper foundational explanation can discourage beginners.
    
    
11. No Real-Life Examples: A course that lacks real-life trading examples or doesn't show how technical analysis is applied in real scenarios can fail to connect theory with practice.
    
    
12. Misleading Promises: Courses that promise unrealistic success rates or guaranteed profits may be attempting to sell a dream rather than providing genuine education.
    
    
13. No Assessment or Feedback: Lack of quizzes, assignments, or assessments can make it difficult for learners to gauge their progress and identify areas for improvement.
    
    
14. Lack of Flexibility: Courses with rigid schedules and no ability to learn at one's own pace can be inconvenient for many learners.
    
    
15. Unqualified Instructors: Courses taught by instructors without sufficient experience or credentials in technical analysis can provide inaccurate or insufficient information.
    
    
16. High Cost for Minimal Value: If the course's cost outweighs the value of its content and learning experience, learners might feel disappointed.
    
    
17. Unverified Claims: Courses that lack reviews, testimonials, or verifiable information about their creators can be risky to enroll in.
    

It's important for learners to research courses thoroughly, read reviews, and consider their own learning preferences and goals before enrolling in a technical analysis course.

 

The indignation and holier than thou attitude of the instructors - they didn't appreciate me (any of us really) asking simple questions

At the conclusion of said "training" - had no real usable / applicable knowledge

ETA - that was many years ago - still not fond of the vast majority in this industry


One more ETA - to learn something take "X" amount of work / energy / whatever

To unlearn the same..., then relearn anew - takes 4X (at a minimum)

They essentially made my journey 4X harder than it needed to be

so I put in the work and became profitable in spite of them - LMAO


Doesn't really matter how one begins - only how they end

RN

 

%%
Good rebukes.
I would not care\ if they knew more or were more wise[holy] than me.
BUT with the exception of semi-old WSJ which have color charts ;
WSJ fundamental + technical info mostly fails see your numbers #10,15,16.
I can color up WSJ mostly useles$ black grey + white candle/charts;
but IBD is $till such a much better tech + fundy paper.
I returned a daytrading book on options \waste of money + no new ide$+ can usually get a good idea from any book[ terrific tech help for the money]

 

In the World I occupy - Respect and Honesty mean everything

And ego is only self serving

RN

 

Nope. Sadly, I did buy some TA books early on, but otherwise haven't pushed money into that ecosystem.

 

Good Morning Ava,

This is a very interesting question. I admire your question. Very good.

The truth is, I do not know if any of the trading technical analysis or price action courses I bought was terrible. But there is something I do know for certainty.

I know this. I am very confident and intelligent individual and my profits so far the past 4 years I have really really concentrated hard on "price action or technical analysis " trading is about hmmm -$6000, I would say.

I have spent about $5000 altogether on "Price Action and Technical Analysis courses"

To your question, was the technical analysis or price action course terrible.

In my keep-it-simple personality, neither of the courses showed me how to make money! Maybe it helped other traders, did not help me. I do not know.

From my experiences, I will not be buying another trading course for the remainder of my life. And I definitely not buying any trading books to read.

IMO, starring at the chart and price is all I need to see. That price and that buy and sell button, never lied to me.

I read a lot of debate on technical analysis and price action trading, I honestly do not have an opinion on it. I have zero opinion. All I have is my experiences.

All I know is the ticks move every seconds 23 hours a day, and I just want the damn ticks to hit my damn profit target.

 

%%
LOL, well LIKE Dave Ramsey always says ''I'M a redneck lookin' for fight''LOL
But he never insults anyone for asking a simple question.
HE di get pretty sharp + harsh, with a woman that used a tone of disresepct; but like he sharply said\ ''Its my show''
I may have overpaid on a Financial Freedom Workbook, by Dr John Morgan;
most unplanned buys are like that
BUT since our church offered it/ strictly free will buy/ no pressure/glad i bought it.
And while I never have been able to ''fix up cars ''YTD, + resell for profit some can/
did that profit with a ,lot of house$ + RE
AND stock market info in it can be worth a fortune, dividends ''52 week HIGHS + Lows'' or several fortunes.
BUT like IBD warns\ NEVER buy for dividend/wisdom is profitable to direct.............

 

Whether or not technical analysis works is a matter of debate among traders and analysts. Some people believe that technical analysis can be used to identify trends and patterns in the market that can be used to make profitable trades. Others believe that technical analysis is a form of gambling and that it is not possible to predict future price movements with any accuracy.

There is no scientific evidence to support the claim that technical analysis works. However, there are many traders who swear by it and who claim to have made a lot of money using it. Ultimately, whether or not you believe in technical analysis is a personal decision.

Here are some of the arguments in favor of technical analysis:

• History repeats itself: Technical analysts believe that past price movements can be used to predict future price movements. They argue that market participants tend to repeat their behavior, and that this can be seen in the patterns that emerge in price charts.
• Market efficiency: Technical analysts believe that the market is efficient, which means that all available information is already reflected in the price of an asset. This means that technical analysts do not need to worry about fundamental factors, such as the company's financial performance, when making trading decisions.
• Versatility: Technical analysis can be used to trade a wide variety of assets, including stocks, commodities, and currencies. This makes it a versatile tool that can be used by traders of all levels of experience.

Here are some of the arguments against technical analysis:

• Random walk: Some people believe that the stock market is a random walk, which means that past price movements cannot be used to predict future price movements. They argue that the market is too unpredictable to be analyzed using technical analysis.
• Overfitting: Technical analysts often use complex mathematical models to identify patterns in price charts. However, these models can be overfit to the data, which means that they may not be able to predict future price movements.
• Complexity: Technical analysis can be complex and time-consuming to learn. This can make it difficult for beginner traders to use effectively.

Ultimately, the decision of whether or not to use technical analysis is a personal one. There is no right or wrong answer, and the best way to find out if it works for you is to try it out and see how you get on.

 

Getting one's hand dirty is never a bad thing..., and can be down right enjoyable and rewarding



RN