recommended trading course's

Daniel Sheales

Newbie
5 0
Hi all,

I completed a "traders University" course back in 2010, which was expensive, but I could not fault as I had no prior experience and after the 2 days along with three 1 to 1 coaching sessions, I felt confident to trade end of day stocks. (which was what was sold to me)

What let me down was the amount of personal funds I had available to trade with.
I've been concentrating on growing my own business over the last 2 years and now I have capital to invest.

My question is before I commit to going back to "TU" who has had a positive experience with a trading course company and would recommend.

Look forward to your feed back
 

pboyles

Legendary member
8,072 1,302
Hi all,

I completed a "traders University" course back in 2010, which was expensive, but I could not fault as I had no prior experience and after the 2 days along with three 1 to 1 coaching sessions, I felt confident to trade end of day stocks. (which was what was sold to me)

What let me down was the amount of personal funds I had available to trade with.
I've been concentrating on growing my own business over the last 2 years and now I have capital to invest.

My question is before I commit to going back to "TU" who has had a positive experience with a trading course company and would recommend.

Look forward to your feed back

Why would you need to go back if the course was so good? You said the only reason it didn't work out was that you didn't have enough money.

I'm afraid these guys have sold you the dream, they are absolutely infamous for selling crap training and then when you can't make money selling you the next 'pro FX' course or 'advanced' course. They are going to bleed you dry.
 

Daniel Sheales

Newbie
5 0
Why would you need to go back if the course was so good? You said the only reason it didn't work out was that you didn't have enough money.

I'm afraid these guys have sold you the dream, they are absolutely infamous for selling crap training and then when you can't make money selling you the next 'pro FX' course or 'advanced' course. They are going to bleed you dry.

I,ve not done anything for last 2 years and although I can remember some things, I'm rusty and looking to do a course to refresh my memory and rebuild my confidence, before I invest ££

Any ideas ?
 

NVP

Legendary member
37,586 2,008
Hey Daniel ......Boyoboy you are opening a can of worms .....!!

Nothing gets the T2W membership fired up like a discussion regarding training courses and mentors !

I recently spent an hour or so talking to a journalist writing for the Guardian regarding Trader Training Courses and Mentorship programmes and he raised many good points about what do people do if they want some decent tuition.......

some of us here cant just keep telling people "dont do this" or "that person is Cr*p" ...........its not constructive and doesnt get the person anywhere regarding increasing their education

if you just want some confidence is using platforms and basic trading/training I would probably recommend soem of the training programmes the big Brokers offer for free .....

Regarding more specialist Trader programmes teaching you the "secrets" of trading and "special strategies" then I would recommend you research thoroughly as most of these outfits are charging you a lot of money for things that are all common sence and learned from experience

also research at the Newbie threads here at T2W ad that may help

good luck fellah
N
 

Daniel Sheales

Newbie
5 0
Hey Daniel ......Boyoboy you are opening a can of worms .....!!

Nothing gets the T2W membership fired up like a discussion regarding training courses and mentors !

I recently spent an hour or so talking to a journalist writing for the Guardian regarding Trader Training Courses and Mentorship programmes and he raised many good points about what do people do if they want some decent tuition.......

some of us here cant just keep telling people "dont do this" or "that person is Cr*p" ...........its not constructive and doesnt get the person anywhere regarding increasing their education

if you just want some confidence is using platforms and basic trading/training I would probably recommend soem of the training programmes the big Brokers offer for free .....

Regarding more specialist Trader programmes teaching you the "secrets" of trading and "special strategies" then I would recommend you research thoroughly as most of these outfits are charging you a lot of money for things that are all common sence and learned from experience

also research at the Newbie threads here at T2W ad that may help

good luck fellah
N

Thanks for the constructive feed back I will keep my hands in my pockets for the time being regarding coaching or training.
I have an account with EXT Capital do you have any experience with these or can you recommend someone else?
Also I use to use E signal software platform which cost around £150 per month could you give me any pointers on better software platform providers?
 

Giovan

Active member
163 7
I,ve not done anything for last 2 years and although I can remember some things, I'm rusty and looking to do a course to refresh my memory and rebuild my confidence, before I invest ££

Any ideas ?

well since you already attended the course, you can refresh your memory with free stuff on the internet and the many trading books that you can easily get.
No need to spend lots of cash on a course that you already attended.

Giovan
 

pboyles

Legendary member
8,072 1,302
When you are doing your research on Greg Secker and TU bear in mind that they regularly use legal threats to have negative information deleted from this and other forums. Therefore you are not getting the full picture. Likewise many other training providers have resorted to threats to avoid being exposed.
 

timsk

Legendary member
7,388 2,170
Hi Daniel,
Welcome to T2W.

As others have suggested, there is a wealth of free information right here on T2W which will help to plug the holes in your memory. Check out the first two links in my signature, below. Thereafter, if you're still keen on the idea of paying for coaching, read these two FAQs:
How Can I Distinguish Between Scams and Reputable Vendors?
Can You Recommend a Mentor, Coach or Trading Course?

With regard to brokers and TA software etc, take a look here:
Can You Recommend a Data Feed, Charting Software & Broker?
eSignal is very good but, as you've noted, it is very expensive. Depending on how you are using it, as an end of day equities trader, you may be paying for a lot of exotic bells 'n whistles aimed primarily at day traders that you don't want and won't use. What are you wanting to do that you can't do with the charts provided by ETX?
Tim.
 
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Daniel Sheales

Newbie
5 0
Hi Daniel,
Welcome to T2W.

As others have suggested, there is a wealth of free information right here on T2W which will help to plug the holes in your memory. Check out the first two links in my signature, below. Thereafter, if you're still keen on the idea of paying for coaching, read these two FAQs:
How Can I Distinguish Between Scams and Reputable Vendors?
Can You Recommend a Mentor, Coach or Trading Course?

With regard to brokers and TA software etc, take a look here:
Can You Recommend a Data Feed, Charting Software & Broker?
eSignal is very good but, as you've noted, it is very expensive. Depending on how you are using it, as an end of day equities trader, you may be paying for a lot of exotic bells 'n whistles aimed primarily at day traders that you don't want and won't use. What are you wanting to do that you can't do with the charts provided by ETX?
Tim.

Hi Tim,

All I've been shown is E signal like you said using it for end of day TU loaded on my laptop when I completed the course my subscription ended 2 years ago I did find it very easy to use and its all I've been shown.
I suppose what i'm learning from this forum is that you can use the platforms from i.e ETX for free in the beginning then move forward with experience.

I happy to place end of day trades on stocks but would like to learn how to trade forex, but don't want to pay through the nose or get rip off buying some useless or over rated software platform.
I an ideal world would like to meet someone already trading forex and be guided through a daily/weekly process. So I knew what I was doing was correct rather relying on my own judgment in the beginning as the easiest thing to do in the world is lose money.
I respect that advise and time ait free some am willing to pay to learn but the million dollar question is who?
:confused:
 

pboyles

Legendary member
8,072 1,302
You do not need to pay for a trading platform, these guys are just conning you out of more money. Just open a demo account with an FSA regulated broker and they will give you access to a free platform.
 

timsk

Legendary member
7,388 2,170
Hi Daniel,
I don't always agree with pboyles :p but I think his advice above is spot on. Learn as much as you can for free and only pay (for charting or education) when you know exactly what you want and you know that it's not already available for free. Until you reach that point, there's little to be gained - and potentially a lot to lose - by putting your hand in your pocket and shelling out dosh.

Chances are that ETX charts will be perfectly adequate. If you want more tools take a look at ProRealTime or FreeStockCharts. There are others - but these will at least give you a flavour of what you can get for free and, in the case of PRT, what you have to pay to receive.
Tim.
 

The Leopard

Experienced member
1,877 1,020
Daniel,

Don't pay for any courses. Pboyles is right.

There are a few books that I've found useful, but the best things to learn from are observing the market and practising.

Even the books I've read that have been useful have only been so in terms of stimulating ideas. You really have to work out your own approach.

But whatever you do, don't pay for courses. They are a waste of time and money.
 

Daniel Sheales

Newbie
5 0
Daniel,

Don't pay for any courses. Pboyles is right.

There are a few books that I've found useful, but the best things to learn from are observing the market and practising.

Even the books I've read that have been useful have only been so in terms of stimulating ideas. You really have to work out your own approach.

But whatever you do, don't pay for courses. They are a waste of time and money.

Thanks for all your comments will keep you posted on my progress:smart:
 
 
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