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Trading School Recommendation Request


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Trading School Recommendation Request

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  #11 (permalink)
 Big Mike 
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Can you help answer these questions
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  #12 (permalink)
Tundi
Fullerton, CA
 
 
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There are many "schools" that teach trading concepts, instruments, fundamental and technical analysis, but none, to my knowledge, will teach you a method that will make money consistently. If there were such a place, the edge they teach would soon evaporate as loads of money chase it.

So if your looking for an academic overview, there are reputable places, but don't get your hopes up they will teach you how to make money because they won't nor can't. No more than a Harvard graduate in Political Science will learn to be a successful politician.

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  #13 (permalink)
 plethora 
Los Angeles, CA
 
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Tundi View Post
There are many "schools" that teach trading concepts, instruments, fundamental and technical analysis, but none, to my knowledge, will teach you a method that will make money consistently. If there were such a place, the edge they teach would soon evaporate as loads of money chase it.

The "edge", my friend, is clearly in and of the mind. It includes taking psychological stock of and knowing thyself but also demands fundamental knowledge and experience. The world is filled with gold but 99% of people feel more comfortable settling for less for a wealth of reasons that fill volumes of books written and unwritten. But you still need the basic tools to operate any machinery or mechanical device. Even if every school did teach what they profess there would still be casualties on the road. Not every driver is a safe or defensive one. And the markets are the epitome of the collective unconscious where transference and counter-transference are experienced on a grand scale in the fastest time frame possible. I've consistently failed at a lot of endeavors for much of my life but without those failures I never would have figured out who I am or how to achieve the grand successes that I've also experienced. So I rather view the world as a glass half full than empty and I do.

And thanks everyone for the great information here and the link to that other site, Mike.

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  #14 (permalink)
 plethora 
Los Angeles, CA
 
Experience: Intermediate
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Broker: Rithmic
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And certainly most Poli Sci Harvard Grads do not want to become a politician.

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  #15 (permalink)
 plethora 
Los Angeles, CA
 
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In fact, most folks wouldn't even want to attend Harvard.
Personally I love the structure that school affords.
Others learn better on their own. Still others throw in
the towel too soon or don't want to study at all.
There are a million different ways to learn and to do.
They are all valid. The key is to knowing the type of
environment in which one thrives, because nurture
influences nature. Daily sermon [/off]

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  #16 (permalink)
 plethora 
Los Angeles, CA
 
Experience: Intermediate
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Broker: Rithmic
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FuturesTrader71.com | 2009-11-03 Overcoming

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  #17 (permalink)
 MetalTrade 
 
 
Posts: 1,081 since May 2010

All you need to know and much more is for free here on futures.io (formerly BMT).

If I had known that before, it would saved me around $10.000 in education.

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  #18 (permalink)
 redegenerated 
Espańa
 
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MetalTrade View Post
All you need to know and much more is for free here on futures.io (formerly BMT).

If I had known that before, it would saved me around $10.000 in education.

agree

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  #19 (permalink)
 jtrade 
near Amsterdam
 
Experience: Advanced
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rtrade View Post
... I have been reading the Trading Tribes FAQ's. Can you tell me more about this tribe...I'm not fully clear about this....talking about your feelings while someone else validates the feelings?...using certain breathing techniques?....always talk or write in the present tense?....CM and Fred communication?

To begin to answer all those questions, you'd need to join a tribe, do a workshop & keep on goin' !

I guess you saw this page https://www.seykota.com/tribe/TT_Process/index.htm ?

Ed is a most unusual and extremely interesting fellow. Some very successful traders and/or money managers consider participation in the fortnightly meetings of Ed's tribe in Austin, TX, worth flying in for from all over the US.

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  #20 (permalink)
 soumi71 
Toronto
 
Experience: Intermediate
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Broker: Zen-Fire
Trading: CL , 6E
 
Posts: 200 since Jun 2009
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Try these 2 great websites , I have learnt a lot from these particular 2 , everything is free too :
► TradingNaked - "The interpretation and application of price action concepts"

Forex Training Online: Learn Foreign Exchange (FX) Currency Trading



why spend money when the best things on trading are available free here in futures.io (formerly BMT) and on the web , I would receommed learn a basic setup stick to it , master it and own it and you will do just fine

Good luck !

Sincerely ,
soumi

"Risk more than others think safe.
Dream more than others think practical.
Expect more than others think possible.
Care more than others think wise"
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