Courses

[chizi]

Hi,
I'm trying to get a more hands on education in to trading rather than just applying the information from books as they usually are out dated.I ve found a deriviatives trading house who apparently trains and if they like your progress they keep ya.They do charge 5000 pounds which makes me wonder.They're called FCT has any one heard of them or Vince Stanzione soread betting self-teaching course.

thanks,
Chizi

 

[grantx]

Chizi,

Books don't become out of date. Unless you are very wealthy (and lack wisdom) don't pay for any courses. FCT are a one of many trading arcades in the UK. Do a search for 'trading arcades' on this site.

Grant.

 

[grantx]

Chizi,

Here's a link to FCT:

FCT

Grant.

 

[shadowninja]

There are a lot of people willing to take your money under the guise of offering to teach you how to trade. Not sure how to spot the genuinely experienced trainers amongst the charlatans whose students bought them their Ferrari rather than the markets. Something to think about: if I was making millions on the stock market from a few minutes a day, why would I waste my time organising, preparing and hosting a 4 hour seminar, and then having to get up for 9am on a weekend?

 

[chizi]

I ve checked out FCT, they seem reputable and their course pretty well rounded.Has anyone actually gone their program,the global trading community .Are there any other 'Arcades ' that are known to provide training as well, that are well reputed and worth looking into.
chizi

 

[Rhody Trader]

Unless you are very wealthy (and lack wisdom) don't pay for any courses.

I won't go quite as far as Grant here but caution is clearly required. Only go so far as a course - especially one with a big price tag - if you know for sure that it's what you need. Too many folks waste a load of money on courses that they don't need and can't use. Get your foundational education from books and such and figure out where you're going with your trading before you contemplate plunking down a couple grand on anything.

 

[Laba]

I did the FCt global trading community course in Madrid. For the cost of 5k for 3 months it was the best thing I have spent money on in the markets. I had spent a bit previously on books and a couple of technical analysis courses but I learnt more in a month there than I did at University.
The main thing is the amount of practice and practical exercises you are forced to do. You couldnt obtain all the info and knowledge by reading books or doing short courses. You would also be mad to try trading your own money nowadays without proper training. If you consider that its a full time 3 month course trading in a room with real traders it was worth it. I wish I had actually done the course in London as I was surrounded by guys who spoke spanish amongst themselves and I didnt get chance to extract knowledge from the traders. Since the course I had no problem getting a job as a trader with a salary which they dont do either

 

[citybroker]

I did the FCt global trading community course in Madrid. For the cost of 5k for 3 months it was the best thing I have spent money on in the markets. I had spent a bit previously on books and a couple of technical analysis courses but I learnt more in a month there than I did at University.
The main thing is the amount of practice and practical exercises you are forced to do. You couldnt obtain all the info and knowledge by reading books or doing short courses. You would also be mad to try trading your own money nowadays without proper training. If you consider that its a full time 3 month course trading in a room with real traders it was worth it. I wish I had actually done the course in London as I was surrounded by guys who spoke spanish amongst themselves and I didnt get chance to extract knowledge from the traders. Since the course I had no problem getting a job as a trader with a salary which they dont do either

Couldn't disagree with this guy more:

1) For the technical analysis, there's a huge amount of guides and info that one could easily get from either the internet or bookstores. Even a complete newcomer, so long as one ain't illiterate he could definitely study by himself. So one really doesn't need to pay 5000 quids to experience the "ah ha, I never heard of it before!", right?

2) You opt for the so-called trader training couse partly due to the fear of losing money in the market, well, that's a remarkably "smart" idea -- so what about the 5000 pounds tuition fee? That's not a loss at all in your mind, is it? Actually, if you take the plundge to strart learning swiming in a shallow pool, you won't risk too much drowning yourself. The same with the market, especially the currency and index intra-day trading, the market could hardly cost you more than you paid for those charlatans, given you've got the basic concepts in your mind to avoid mixing up buy & sell and start cautiously with small trading size. Both are tuition fees, but I couldn't see any point in the choice of paying a fixed lump sum of money to those miserable losers in the hope of training you to be a successful trader, rather than paying a far less costly tuition fee directly to the market, the genuine teacher for training a trader, not to mention the potential gain side of the market.

3)I don't know about the situation in Madrid, as for the London office, you are not SURROUNDED by the real traders, actually just ONE, whose identification I still doubt. Besides, to trade in their London office, which is quite small and shared with onother company, is meaningless and actually little different than remote training, because you are not expected to get any advice or guidance from the only onsite trader(if he really is) as all the guidance and communications will be conducted via the online platform and chat room. So what does one really benefit from their onsite training hence have to pay more? Drinking machine, multi-screen deskstops, or maybe good feelings, whatsoever.

4) Last but not least, I really doubt: "since the course" you "had NO PROBLEM getting a job as a TRADER WITH A SALARY". Is that really the truth? Come on, we were not born last week, are we?

 

[puregold24carat]

Citybroker

Please come in......time to change your nappy and your milk bottle is ready.

 

[demeanor]

hi there

If you would like to build on your knowledge of the financial markets, improve your trading skills and learn to develop strategies like a professional, the Benedix ProTrader course could be just what you are looking for.

 

[police]

In nearly every business you have to invest in getting yourself up and running.
Nothing wrong in paying to be trained. Of course you must do your due diligence on the course.
But, it still applies. Nearly every serious business person has been investing in themselves from an early age, and they have been on courses to help them grasp concepts and learn new things.

 

[CookinFlatSix]

Couldn't disagree with this guy more:

1) For the technical analysis, there's a huge amount of guides and info that one could easily get from either the internet or bookstores. Even a complete newcomer, so long as one ain't illiterate he could definitely study by himself. So one really doesn't need to pay 5000 quids to experience the "ah ha, I never heard of it before!", right?

2) You opt for the so-called trader training couse partly due to the fear of losing money in the market, well, that's a remarkably "smart" idea -- so what about the 5000 pounds tuition fee? That's not a loss at all in your mind, is it? Actually, if you take the plundge to strart learning swiming in a shallow pool, you won't risk too much drowning yourself. The same with the market, especially the currency and index intra-day trading, the market could hardly cost you more than you paid for those charlatans, given you've got the basic concepts in your mind to avoid mixing up buy & sell and start cautiously with small trading size. Both are tuition fees, but I couldn't see any point in the choice of paying a fixed lump sum of money to those miserable losers in the hope of training you to be a successful trader, rather than paying a far less costly tuition fee directly to the market, the genuine teacher for training a trader, not to mention the potential gain side of the market.

3)I don't know about the situation in Madrid, as for the London office, you are not SURROUNDED by the real traders, actually just ONE, whose identification I still doubt. Besides, to trade in their London office, which is quite small and shared with onother company, is meaningless and actually little different than remote training, because you are not expected to get any advice or guidance from the only onsite trader(if he really is) as all the guidance and communications will be conducted via the online platform and chat room. So what does one really benefit from their onsite training hence have to pay more? Drinking machine, multi-screen deskstops, or maybe good feelings, whatsoever.

4) Last but not least, I really doubt: "since the course" you "had NO PROBLEM getting a job as a TRADER WITH A SALARY". Is that really the truth? Come on, we were not born last week, are we?

If you think reading a few books on technical analysis and then learning from the market 'the genuine teacher' is a s,art way, why do so many fail by doing just that.

A wise man learns from history and a fool learns from experience!

Your name Citybroker tells us all we need to know, you would be the one to come to for advice about trading our own money?

 

[police]

read learn listen . do as much research as you possibly can.
The real truth is this : if you wish to learn to trade , you actually have to trade.
Its like learning to play tennis by reading all the books - yes it helps - but in the end you have to pick up a racket and get on court to really learn. (a coach may help a bit) but in the final analysis its up to you.
"The more I practise the luckier I get"

 

[CookinFlatSix]

To avoid picking up bad habits at the beginning, it is better to learn from those who have done it before and like most other professions, once you start the learning it is ongoing. Give yourself the best start,find the best training or help you can afford.