Thoughts About Selling Courses and Strategies Regarding the idea of selling courses and strategies online, I would like to share my thoughts with everyone for reference.
(1) Successful traders usually don't lack money, and they are often unwilling to share the money-making tools they have developed through hard work and research. A few ambitious traders are willing to share their experience, knowledge, and even occasionally reveal their trading cards. Facebook provides many free high-quality resources. In addition, there are very few traders who are just starting out and hope to earn some extra income, but they do not treat trading as their main business.
(2) If you find that a trader has been selling courses for more than five or ten years, you need to carefully evaluate whether they have really made money from the market. The power of compounding is frightening, and if they are capable, they should have made a fortune a long time ago.
(3) In fact, trading is not just about having a profitable strategy. Taking futures as an example, most traders end up losing money, even though their strategies may not be the problem. Therefore, selling a fishing rod (strategy) without teaching how to use it is not enough to make you successful in trading.
(4) I believe that trading, like any competitive sport, should have coaches. However, this culture seems to be lacking in the domestic market. Just like when I learned how to play Texas Hold'em, I sought out a coach to establish the correct concept. Otherwise, even if you succeed, it will only be a fluke, and if you fail, it will be common. Proper money management and psychological adjustment are more important than technical skills.
I suggest that everyone can buy books on the market to learn on their own. If you can't even find a book to read, you may not be suitable for trading at all.
If you encounter difficulties during the process of practicing what you have learned from the book, you can come to me for help as a coach. I am willing to help, but I also hope that you can donate the money you make in the future to those in need.
Courses
The best course of The Major Player Behavior. ETH example Part 1I want to continue to share with you my knowledge of the behavior of the major players and who they are.😁
In the last example about Bitcoin, we considered a similar situation, now I would like to demonstrate this on another coin so that you also learn to identify such moments and fix them.
Right now, on the example of Ethereum, we see approximately the same moment, a small candle fixed exactly in the stops zone of a major players.
Thus, we can assume that in about 83% of cases the price will go up, since, as we mentioned in the previous tutorials, the stops of a large player in this case are equal to large buys on the exchange.
Best wishes
The analysis of the behavior of major player Part 2Hey everyone.
Today i want to proceed my sharing of my knowlege about the behavior of large players in the market,
how to notice them and how to use it.
In the last tutorial we had a discussion about points where the major players places them SL and that this points it is = the biggest sales or buys in the market according the directions.
So today i want to show you this point on the chart in the major coin exactly.
Point of stop losses of major players is circled on the chart.
On this example we can see the major SL actuation like a BIG buy in the market!
Have an awesome deals 🤝🔥
Courses, horses - or the mind?If you’re reading this looking just for the best course to attend, you may be disappointed. I go deeper than the simple issue of 'which courses' or 'what course is best'. The sharing of my personal experience may be of value to new traders but also for more seasoned traders.
INTRODUCTION
I’m sharing a summary of my experiences over the last 4 years, so that others can see something more about ‘courses’ – and what courses can never give you.
I am nobody known or big in the trading world. I do not offer advice in this or any other post. I do not train anybody. I do not seek anybody's money for any service. I do not require recognition. Take all of what’s written here as 'what I've learned' and cautiously apply the parts of it that you find of any value. Where I use words like ‘you’ and ‘yours’, this is my self-talk as if I’m advising myself all over again. I do this all the time. You're not mad if you're doing self-talk. It is an important thing to do.
I started off with binary options and lost a fair amount of money. I watched numerous videos on YouTube about how to trade these, with numerous so-called successful strategies. In my searches I came across Spreadbetting, and did the same. More money lost. I then signed up with various trainers and spent more money there. More losses. I'm to blame I was led to understand because I didn't follow the rules. That's true to some extent - but something fundamental was missing. Why could I not follow the rules of some strategy invented by others? It's about why this post is in the Trading Psychology section of Tradingview.
I followed various gurus on websites, paid more money and still no success. Most of these gurus had state of the art audio-visual equipment and studios. They usually appeared with large microphones, conspicuous and 'in the face'. Is that really necessary? Some will say it’s all about better sound quality.
Then I got into ‘trading diaries’ and other things people out there said I should do. Still major problems.
So, what was missing? To put it in a nutshell the problem was grappling with my personal psychology . This is about the way I work - how my mind functions in relation to risk, which would be different to everybody else. Psychologists may be able to tell you a bit about how minds in general work. They cannot tell you exactly how ‘your mind’ works.
GURUS?
Most of the gurus I came across would mention psychology several times but never get to the heart of it. Naturally they're not psychotherapists, so they can't tell me how to sort myself out. Most trainers focused on 'discipline' which is fine, but they couldn't tell me how to become disciplined. What? - am I just supposed to pull myself together and follow a script? Some would say 'yes'. But this is not how the human being operates. If everybody could just pull themselves together and follow a trading plan and a set of rules, then everybody would be rich. Come on - we all know that's silly.
... truncated .
This post became so long, that it cannot fit on Tradingview. It is accessible here where I go on to explore:
GURUS?
RECOGNITION
METHODOLOGY AND STRATEGY
MIND AND PSYCHOLOGY
PATTERN REWRITING
IF I COULD TURN BACK TIME
I do apologise, and hope Tradingview allows this post to remain.