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New trader, confused about courses


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New trader, confused about courses

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  #21 (permalink)
 SBtrader82 
Legendary Market Wizard
Rovigo (ITALY)
 
Experience: Intermediate
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there is ton of free material on youtube, as a rule of thumb if you see a video with 100K visualization it's normaly BS for amateurs.
If the videos is entertaining and well edited the person is not a trader, he's a youtuber.
If you see videos with 100 or 80 visualization with real trades, that's a good sign that the person is really trading....another good sign is if this person doesn't sell anything.

Give a look at the journals of some of the traders here, and you will see that some posts are really detailed and you can learn from them.

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  #22 (permalink)
goodoboy
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bavan666 View Post
Hi, I'm new to this platform and this is my first post,
I'm 19 and I want to be a full-time trader, I started last year and have spent a lot of time going through all the free resources on the internet, like babypips, varsity, and have read a ton of books on technical analysis.

I want to spend money now on a course because I feel the free resources don't really give you the complete picture and don't tell you what you need to do from start to finish, I was initially considering working for a prop trading firm but unfortunately, in my country, there aren't a lot of them, and the few good ones that exist only hire traders that are already profitable.

So my only options are learning online, but the thing is, no matter which course I look at, I always find some review out there on some forum saying that the course is a scam and a waste of money, it seems like there isn't a single good course out there that gives you professional training, for all the profitable traders out there, how did you learn how to trade? what were the resources that really helped you, are there any good courses out there that aren't a scam?

bavan666,

Very challenging question indeed. You will get 1 million answers and you do not have enough money to try all courses. Or time.

Also, no-one will help you and give away their edge(s).

Also, there is many bar type to try. Which will use minute bars, range bars, Renko bars, , etc etc. and which bar size will you use.

Try this:

1. Pick a bar type and size
2. Remove all indicators from the chart
3. Pick a available time to trade, say 8am central to 11am central
4. Stare at the chart during these 3 hours.
4. Pick a risk amount, stop loss
5. Pick a reward amount, profit target
6. Guess and gamble when to enter the trade when you think you will win.

That is what I do. And its fun too. Now I do not have to worry about being scammed or wasting time and money study a trading course. Because I am a day trading gambler and guesser myself.

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  #23 (permalink)
 Slopetrader 
Austin, TX
 
Experience: Advanced
Platform: ThinkOrSwim
Trading: Currency, index, commodity futures
 
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Posts: 7 since Mar 2012
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Hi Bavan,

Have you seen this thread... they're not courses, but some good suggestions can be found here.



Good luck to you.



bavan666 View Post
Hi, I'm new to this platform and this is my first post,
I'm 19 and I want to be a full-time trader, I started last year and have spent a lot of time going through all the free resources on the internet, like babypips, varsity, and have read a ton of books on technical analysis.

I want to spend money now on a course because I feel the free resources don't really give you the complete picture and don't tell you what you need to do from start to finish, I was initially considering working for a prop trading firm but unfortunately, in my country, there aren't a lot of them, and the few good ones that exist only hire traders that are already profitable.

So my only options are learning online, but the thing is, no matter which course I look at, I always find some review out there on some forum saying that the course is a scam and a waste of money, it seems like there isn't a single good course out there that gives you professional training, for all the profitable traders out there, how did you learn how to trade? what were the resources that really helped you, are there any good courses out there that aren't a scam?


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  #24 (permalink)
 SomePsychoDude 
Genova.Italy
 
Experience: Beginner
Platform: TradingView
Trading: anything
 
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Posts: 124 since Mar 2021
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https://archive.org/details/WyckoffMethodOfTapeReading here we go
and don't follow those fuckers on youtube, they are interested only in their promotion. They are bloggers, not speculators.
Can't imagine a profitable trader on youtube =)

I fear not the man who has practiced 10,000 kicks once, but I fear the man who had practiced one kick 10,000 times. Bruce Lee
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