London Academy of Trading

RB007 · Jan 29, 2012

Hi

Has anyone heard of this academy or know any traders that have been through it?

Its part of aldersgate investment management group?

Just thought id get some feedback on here

pboyles · Jan 29, 2012

It appears to be run by the same guy that ran London Global Investments, James Clements. I've no idea what happened at LGI, they havnt been mentioned for months. I see they are advertising 'jobs' which will probably end up being paid training courses, slightly dubious if that is the case.

http://www.trade2win.com/boards/trading-firm/114182-anyone-heard-london-global-investments-48.html

Lord Flasheart · Jan 29, 2012

yep looks like you will be given the old reverse sale technique. They will make you feel specially selected after passing a test and then say you need to make a contribution towards training. I could be wrong,call them and ask

RB007 · Jan 30, 2012

Well they were very up front with me, you pay for a selected course, do the theory, pass an exam then do some mentored trading. I am on the understanding that they employ people that show potential within the mentored trading period.

Dont want to get stung but i want a path into becoming a trader

Lord Flasheart · Jan 30, 2012

why not learn yourself,theres so much on here and elsewhere.There is no quick solution im afraid

pboyles · Jan 30, 2012

RB007 said:
Well they were very up front with me, you pay for a selected course, do the theory, pass an exam then do some mentored trading. I am on the understanding that they employ people that show potential within the mentored trading period.

Dont want to get stung but i want a path into becoming a trader

That is exactly what London Global Investments were offering. They seem to have disappeared now. Were they upfront about that?

wackypete2 · Jan 30, 2012

addisioneagle said:
London College of Music and Dramatic art is a stand in london. Its a providing online teaching and also learn about the trading how we make.This is a company registered under the name of LAMDA Ltd.Its also provide the best future for the student to make the career.

Darn robo posters

Peter

forker · Jan 30, 2012

you sure its a robo, might be a gizmo

wackypete2 · Jan 31, 2012

addisioneagle said:
LAT provides a number of different training courses, and students and representatives from the college progress, Aldersgate his career path as a next step in the transaction. Focus has been on the quality of teaching and practical training, structured career development.

Oh, you're back! We missed you

LAX-ative provide any number of relief programs for the exit path. The progress is quickly and develops nice.

Peter

wackypete2 · Jan 31, 2012

forker said:
you sure its a robo, might be a gizmo

who knows what it is

Peter

RB007 · Feb 2, 2012

yeah cheers for the advise, i have been trawling through here aswell, im reading every book i can and im trading a demo spread bet account. I want to be a trader not because of the money but because the way of working suits me

DT · Feb 3, 2012

RB007 said:
yeah cheers for the advise, i have been trawling through here aswell, im reading every book i can and im trading a demo spread bet account. I want to be a trader not because of the money but because the way of working suits me

If someone was able to teach you to extract money from the markets with a view to backing you and taking a split... why would they need to charge you for it?

Club · Feb 3, 2012

DT said:
If someone was able to teach you to extract money from the markets with a view to backing you and taking a split... why would they need to charge you for it?

Ahh the classic conundrum !

Lord Flasheart · Feb 3, 2012

DT said:
If someone was able to teach you to extract money from the markets with a view to backing you and taking a split... why would they need to charge you for it?

yep,and why would they bother to spend weeks teaching you,when they could do it for themselves

Club · Feb 3, 2012

If they don't charge for training who on earth is going to pay to make up the teachers losses ?!?

RB007 · Feb 4, 2012

they told me what we pay is a quarter of the actual cost of putting a student through their training programme..............hmmmmmm

pboyles · Feb 4, 2012

RB007 said:
they told me what we pay is a quarter of the actual cost of putting a student through their training programme..............hmmmmmm

If that's the case they'd be bankrupt. I'd be surprised if 2 or 3% of their students make money. The business model is all about taking training fees and then giving people a quarter of it back to trade, then when they can't make money in the first month or two they get binned.

Paymaster · Feb 4, 2012

I've asked around my fellow trader colleagues. Nobody has heard of them.
John

EricReed · Feb 13, 2012

I saw on London Global investments website that they mentioned Aldersgate Investment Management http://www.aimllp.co.uk/ is it the same company.

They been around since 2006, they don't look like a scam

pboyles · Feb 13, 2012

EricReed said:
I saw on London Global investments website that they mentioned Aldersgate Investment Management http://www.aimllp.co.uk/ is it the same company.

They been around since 2006, they don't look like a scam

How did you manage that, the LGI website has been down for a while.

London Academy of Trading

Newbie

Legendary member

Legendary member

Newbie

Legendary member

Legendary member

Legendary member

Senior member

Legendary member

Legendary member

Newbie

Well-known member

Active member

Legendary member

Active member

Newbie

Legendary member

Newbie

Active member

Legendary member

Similar threads