Are there any recommended trading courses?

[greggles]

Hmm nothing there.
Surprisingly bland.
$13,000 to unlock your curiosity

That's the "value". The Freedom Trader Blueprint is $6,990 or $4,990 if you have the coupon.

Lots of sizzle no guarantee

Agree. I think if you're going to do a course there should be detailed information about the content that course contains so you know what's being covered and in what depth. How else do you know if the course if appropriate for your needs?

 

[peter2]

How many books do we need to read before we really get it? The answer is, too many.
How many courses do we need to take before we really get it? Too many and too many dollars wasted.

I don't know of any trading educators advertising a 100% success rate for their students/members.

I won't attempt to dissuade anyone from seeking a trader educator or mentor unless I know the business is a scam.

 

[LinSA]

I'm aware that there have been posts added while I constructed this post but I'm posting it as is anyway.

@LinSA Luutzu is concerned that you're an insider of Tran's, subtly advertising Tran's trading education business. ASF sees quite a bit of this and as a result, this forum is very cynical of initial posts mentioning a trading business so early in a thread.

It seems that Luutzu has looked at the website. So have I and I also see an entrepreneurial spirit that pushes the boundaries. Calling Buffett's good luck wishes an endorsement of his education business is totally misleading and ethically corrupt (imo). It seems that Tran has done a few presentations in Adelaide as his recent testamonials feature Adelaide members. The "SA" in your forum name also suggests you're from Sth Aust.

I'm giving you the benefit of the doubt that your initial post was an honest search for information after having been to or heard about Trans trading education business from others.

It's very hard to get information about Tran's methodology from his website as there's so much marketing fluff. However, watching two testamonials and analysing the spreadsheets shown in the videos, my initial thoughts are that Tran's blueprint method is robust and the members management of trade risk is surprisingly conservative.

I've have no idea about the cost of the course, but I assume it's too much. However if they provide 12 months unlimited educational support for their members (not just a forum) the cost will be more reasonable. You may even be able to claim the cost as a tax deduction. Check with your tax accountant first.

Yeah I don't know what else to say to Luutzu, I showed him the proof I have, but honestly it isn't worth my energy to convince somebody who doesn't want to be. Not my circus. I am here to learn what I need to, no time or energy to spare on other peoples assumptions that are out of my control. Sure I guess I can see how maybe he might think that I could put all of that effort into trying to promote a course, at a real stretch as that would be quite a sneaky effort to do it that way, but I have to giggle at that when I know who I really am and my beliefs. Really I could ask about any book or course and be considered to be doing the same, but I don't know how else to ask without asking, so there you go.

But I want to know about any training frankly. Whether it be via book, or a better course that somebody actually knows because they have done it, or whatever. As I have asked multiple times for recommendations of any and all.

Yes he did come to SA and that is where I am from, I don't know how many times, but my hubby went to his seminar I think last year. I took a while to be convinced by hubby to look at his webinar after my property course experiences, but haven't been to a live seminar. I don't really like seminars to be honest, nor those 3 day training courses all these organisations run in Gold Coast as I find them full of motivational garb when all I want is the serious information and instructions. Even his webinar, I wanted to slap him and say 'look just quit the usual rubbish, tell me what you can teach me, how you will teach me, and what I will get for my money'. It seems they all go to the same marketing guru's and think we all want to be falsely motivated or something?

I tried to contact one of the SA testimonials but no reply, but I got a response from one in Qld and another one in another state.

The cost apparently 'as a special price' but I am sure is always the same, is $4,995-. They don't give 12mths unlimited educational support, it is 6mths in something called an inner circle. However, they do allow you to continue to re do their training (I assume by looking at their online videos etc), and to stay in the facebook group of people who have done/are doing his course indefinitely. You have to pay more to continue to be in that 'inner circle', but hopefully maybe you will have learnt enough in that 6mths to not have to?

Yes I thought it looked robust and like the sound of his conservative approach. Argh I keep going from 'do the course' to 'no learn from books first or only', each time any of you say anything!!! But no, I have said I will start with books. I will do that at least for a little while to see how it works for me.

But thank you for taking a look and giving me your opinion or information. That is what I was hoping I could find, some honest and educated ideas and opinions, so I don't think something is great just to find it is a waste of money and time again.

 

[LinSA]

Lin you have opened a can of worms embarking on this journey - you probably feel like there is so much ahead of you that you need to learn - its a bit like looking for a needle in a haystack and you just want to find it as quickly as you can. You ask here and get more opinions from everyone on where you think you should look, which just makes the haystack appear even larger than before.

This may seem simplistic, but profit from the market is a function of how often you win multiplied by how much you win when you win and how much you lose when you get it wrong. It is not uncommon for a lot of successful traders/investors to get it wrong 50% of the time and get it right 50% of the time. The reason they are successful and make money is because when they win, they win 2,3,4,5 times more than when they lose, this plays out over many trades/investments.

There are many different approaches to trading/investing, it is a bit like saying what job shall I do to earn an income. You could be a cleaner, baker or candlestick maker - there are so many different jobs out there that it is possible to earn an income from, my point is, do you need to know what every job entails before you choose a job? I would suggest not, and the same applies to the many different ways of trading/investing, all of which can be successfully applied - review enough styles to see what you like and what fits your personality - do you like discretionary, systematic, mechanical, how much time do you want to spend looking at charts each day/week/month, can you back test the approach to build confidence in the performance stats, etc. Picture yourself doing it into the future, what does it look like. Are you sitting in front of a computer day in day out for 2-3 hrs, are you just running your scans in less than 10 mins a day/week, put your orders in and get on with life? Are you doing it for the excitement and challenge of trading or just the financial returns?

For me, it all fell into place with Nick Radge's teachings, so I would suggest starting with his 2 books, Unholy Grails, and Weekend Trend Trader.

Yes you are totally right. I knew I would get differing opinions, but this is doing my head in a bit. I thought I would be able to decipher between those who are cynical about everything, and those who could give me their experienced information on any effective method of learning, but that has been way harder than I thought. Now I am the subject of some underhanded promotional activity, haha.

I have a firm idea of the return I want to achieve. I thought the return I want would realistically mean spending some time working each day. Sure, if somebody said I can achieve the same outcome with 10mins a week as I could working 2hrs per day, I would be silly to choose the daily one! But surely to achieve a good return surely there must be work involved. I enjoy research. I find it all exciting, but have NO IDEA of any of the different methods or options available to me. I know that I would find it more boring to leave money sitting in one spot for many many months at a time, I want to do stuff! See, I have little to no understanding of anything yet, I am a total beginner. But will add your two books to my list for sure!

And Tech/A and everyone else, yes isn't that whole 'pay now and get it cheaper thing' so transparent? Why can't they just say 'this is what you get' 'this is how much I am charging' and be real about the fact that you can join any time for that price, as if they would turn a student away anyway? The fake pressure turns most of us off surely? But I didn't really think about the fact that it isn't really spelled out as to what you are actually taught, I just took the broad statements and looked/contacted the testimonials to find out what their results were. I guess maybe I should know more about content?

 

[luutzu]

Yeah I don't know what else to say to Luutzu, I showed him the proof I have, but honestly it isn't worth my energy to convince somebody who doesn't want to be. Not my circus. I am here to learn what I need to, no time or energy to spare on other peoples assumptions that are out of my control. Sure I guess I can see how maybe he might think that I could put all of that effort into trying to promote a course, at a real stretch as that would be quite a sneaky effort to do it that way, but I have to giggle at that when I know who I really am and my beliefs. Really I could ask about any book or course and be considered to be doing the same, but I don't know how else to ask without asking, so there you go.

But I want to know about any training frankly. Whether it be via book, or a better course that somebody actually knows because they have done it, or whatever. As I have asked multiple times for recommendations of any and all.

Yes he did come to SA and that is where I am from, I don't know how many times, but my hubby went to his seminar I think last year. I took a while to be convinced by hubby to look at his webinar after my property course experiences, but haven't been to a live seminar. I don't really like seminars to be honest, nor those 3 day training courses all these organisations run in Gold Coast as I find them full of motivational garb when all I want is the serious information and instructions. Even his webinar, I wanted to slap him and say 'look just quit the usual rubbish, tell me what you can teach me, how you will teach me, and what I will get for my money'. It seems they all go to the same marketing guru's and think we all want to be falsely motivated or something?

I tried to contact one of the SA testimonials but no reply, but I got a response from one in Qld and another one in another state.

The cost apparently 'as a special price' but I am sure is always the same, is $4,995-. They don't give 12mths unlimited educational support, it is 6mths in something called an inner circle. However, they do allow you to continue to re do their training (I assume by looking at their online videos etc), and to stay in the facebook group of people who have done/are doing his course indefinitely. You have to pay more to continue to be in that 'inner circle', but hopefully maybe you will have learnt enough in that 6mths to not have to?

Yes I thought it looked robust and like the sound of his conservative approach. Argh I keep going from 'do the course' to 'no learn from books first or only', each time any of you say anything!!! But no, I have said I will start with books. I will do that at least for a little while to see how it works for me.

But thank you for taking a look and giving me your opinion or information. That is what I was hoping I could find, some honest and educated ideas and opinions, so I don't think something is great just to find it is a waste of money and time again.

Wait, so your hubby - that's husband right? - went to one of his seminar last year but you're still wondering if it's worth it.

You're not on speaking term with the hubby, don't trust his words that it's a good deal and worth looking into? But strangers recommendation after they go to Terry's website would help make up your mind?

Don't tell me your hubby did Terry's courses, made so much money the prick packed his bags and now live in freedom on some tropical island with a few babes in arms.

Maybe I'm too cynical. For all I know you may be a single mother trying to make ends meet and Terry's course seem like a good bet.

 

[LinSA]

Wait, so your hubby - that's husband right? - went to one of his seminar last year but you're still wondering if it's worth it.

You're not on speaking term with the hubby, don't trust his words that it's a good deal and worth looking into? But strangers recommendation after they go to Terry's website would help make up your mind?

Don't tell me your hubby did Terry's courses, made so much money the prick packed his bags and now live in freedom on some tropical island with a few babes in arms.

Maybe I'm too cynical. For all I know you may be a single mother trying to make ends meet and Terry's course seem like a good bet.

Luutzu, you are appearing a little crazy, and insulting. Please refrain from commenting on my post here, or any I have in the future, I don't wish to engage further with somebody of your energy. I was giving you the benefit of the doubt, but you have gone too far in your crazy talk. You won't get a response from me. Does anybody know if there is any way I can block a person from being able to interact with me in this forum?

 

[cynic]

Luutzu, you are appearing a little crazy, and insulting. Please refrain from commenting on my post here, or any I have in the future, I don't wish to engage further with somebody of your energy. I was giving you the benefit of the doubt, but you have gone too far in your crazy talk. You won't get a response from me. Does anybody know if there is any way I can block a person from being able to interact with me in this forum?

Accessible via your "Account", there exists an "people you ignore" feature that can be updated to include members, whose contributions have become too annoying, so that their postings are no longer visible.

 

[Wysiwyg]

Wait, so your hubby - that's husband right? - went to one of his seminar last year but you're still wondering if it's worth it.

You're not on speaking term with the hubby, don't trust his words that it's a good deal and worth looking into? But strangers recommendation after they go to Terry's website would help make up your mind?

Don't tell me your hubby did Terry's courses, made so much money the prick packed his bags and now live in freedom on some tropical island with a few babes in arms.

Maybe I'm too cynical. For all I know you may be a single mother trying to make ends meet and Terry's course seem like a good bet.

I have never known you to be so funny.

 

[LinSA]

I can't believe that in my first ever post on this forum I have to resort to something you have never had to resort to in 2,860 posts! Kind of making me a bit wary of posting here to be honest.

 

[Modest]

I would put the 5k aside for now and not pull the trigger on any trading courses or materials until you've spent a solid 6 - 12 months devouring the freely available trading information available online (stockcharts.com is a great starting point) at least then, if you do decide to go with a course, you'll go in with a foundation you can build upon

Just my 2lots worth

 

[Wysiwyg]

Why can't they just say 'this is what you get' 'this is how much I am charging' and be real about the fact that you can join any time for that price, as if they would turn a student away anyway?

Tech/A already stated that you pay for the curiosity and are lured by the sizzle. If they told prospective ughh clients what is in the course then that would eliminate all the people from those who know at least a little bit about trading to the more experienced.

 

[luutzu]

I have never known you to be so funny.

I have my moments Not sure why people would ever blocked me though.

 

[luutzu]

I can't believe that in my first ever post on this forum I have to resort to something you have never had to resort to in 2,860 posts! Kind of making me a bit wary of posting here to be honest.

Trust me, I'm sure cynic have thought of doing it many a times. Ain't that right Cynic

 

[LinSA]

Accessible via your "Account", there exists an "people you ignore" feature that can be updated to include members, whose contributions have become too annoying, so that their postings are no longer visible.

I have 'ignored' him/her, does that mean they can no longer see or comment on my posts, or could they still be putting crazy comments in here to mock me and I am the only one who can't see it?

 

[greggles]

I guess maybe I should know more about content?

You should definitely know more about what content is being taught. How else can you know if it's what you want to learn? Even a book has a table of contents or list of chapters. To sell a course for $5,000 with no summary or outline of what is being taught is very strange.

 

[cynic]

I have 'ignored' him/her, does that mean they can no longer see or comment on my posts, or could they still be putting crazy comments in here to mock me and I am the only one who can't see it?

My understanding, from having been ignored by others, is that I can continue to see the posts of the person who ignored me, but they no longer see my posts.

Edit: From memory, I think I did reply to a post by someone whilst on ignore. I only found out that I had actually been placed on ignore, when he disclosed that fact in one of his subsequent posts.

 

[Wysiwyg]

I have my moments Not sure why people would ever blocked me though.

I think humour left the cynic house many years ago.
Anyway, back to the question, are there any recommended trading courses in the world?
https://www.asx.com.au/education/shares-course.htm

 

[LinSA]

My understanding, from having been ignored by others, is that I can continue to see the posts of the person who ignored me, but they no longer see my posts.

I think a few might ignore my posts after the way this whole post has gone off!

Wysiwyg yes I believe I may have stumbled upon and possibly signed up to do that one, it is a free one right? I should get off here and actually do it!

 

[Triathlete]

That's the "value". The Freedom Trader Blueprint is $6,990 or $4,990 if you have the coupon.


Agree. I think if you're going to do a course there should be detailed information about the content that course contains so you know what's being covered and in what depth. How else do you know if the course if appropriate for your needs?

Details like this.......

Analyse Financial Markets and Information

• Market participants
• Market efficiency
• Understanding technical analysis
• Understanding fundamental analysis
• Key trading strategies
• Key elements of a successful trading plan
• Trading software
• Setting up a trading account
• Using leverage to trade

Analyse Market Trends

• Analysing price based data
• Bar analysis
• Volume analysis
• How to trade using volume
• Constructing bar charts
• Analysing bar charts
• Analysing candlestick charts
• Analysing Gann swing charts
• Trend analysis and trading with the trend
• Techniques for identifying peaks and troughs

Apply Price Analysis to Market Trends

• Understanding Dow Theory
• Trading using Dow Theory
• Applying Gann's Counter Trend Theory
• Trading using Gann's Counter Trend Theory
• Trading using Gann Swing Theory
• Applying trendlines
• The golden rules of trendlines
• Trading using trendlines
• Managing risk including your money management rules
  
• Back testing and techniques for determining your overall profitability

Apply Price Analysis to Market Trends
Support and resistance

• Predicting support and resistance levels

• Gann's 50% rule

• Trading using Gann's 50% rule

• Understanding price ranges

• Applying Gann's price ranges and levels

• Applying Fibonacci price levels

• Applying price extensions and retracements

• Using price tables

• Trading using price analysis

• Strategies for combining price analysis with other trading techniques to effectively trade the market

Apply Pattern Analysis to Market Trends

• Phases of the market
• Understanding accumulation and distribution
• Continuation patterns
• Trading using reversal signals and patterns
• Trading using volume and reversal patterns

Candlestick patterns

• Reversal patterns

• Reversal signals

• Projecting price ranges from continuation and reversal patterns

• Strategies for combining price and pattern to increase profits

On completion of the course you will:

• Have a workable profitable trading plan
• Understand and know how to use technical and fundamental analysis
• Understand how to analyse and use bar, candlestick, and Gann swing charts
• Know how to analyse volume to understand the market sentiment
• Understand different market phases and how to take advantage of them in your trading
• Understand trends and safely use trend trading methodologies to profit from the share market
• Understand a variety of entry and exit trading techniques and know which ones to use for different stocks
• Predict future support and resistance price targets
• Interpret continuation and reversal patterns and know the exact point when a trend will reverse
• Be able to implement and act on money management rules to protect your capital
• Have the tools and ratios required to determine your overall profitability
• Trade over the short, medium and long term
• Understand how to trade in bull and bear markets
• Plus a whole lot more that will ensure you achieve your financial goals

 

[cynic]

Trust me, I'm sure cynic have thought of doing it many a times. Ain't that right Cynic

Yes. There have certainly been a few occasions, in years gone by,when I had to call upon my willpower reserves in order to restrain myself from doing so.