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  • #1
  • First Post: Edited Aug 31, 2018 6:21pm Aug 18, 2018 6:14am | Edited Aug 31, 2018 6:21pm
?
You came here for the truth and let me unveil it for you
  • #2
  • Aug 18, 2018 7:07am Aug 18, 2018 7:07am
Quoting RondaRousey
If you cannot trade, teach.
I know trading, that’s why can’t teach you. Lolz.
  • #3
  • Aug 18, 2018 7:28am Aug 18, 2018 7:28am
I am sure there are a lot of people out there who have made a million teaching or selling some system, or indicators.
but if they made a million trading, I would say not many if any.
and the traders they are teaching, none of them made a dime.
  • #4
  • Aug 18, 2018 8:42am Aug 18, 2018 8:42am
If you cannot trade ,start new thread on FF

  • #5
  • Aug 18, 2018 9:39am Aug 18, 2018 9:39am
The headline of this thread is really funny: "So who has made a million teaching people to trade". It is true however that market analysis is key to one's success.
Risk Management is of utmost importance!
  • #6
  • Aug 18, 2018 9:54am Aug 18, 2018 9:54am
A quick search of YouTube will find a bunch of people who make more from teaching than from trading. Not sure if they have made a million. Many of the ones showing big profits are showing you their sim accounts, some have actually been dumb enough to mistakenly post and show their sim account.

If at some point during their video they talk about their "training" course you can almost be certain that they make more from teaching than from trading.
  • #7
  • Aug 18, 2018 10:23am Aug 18, 2018 10:23am
Who made more money in the gold rush? The punters searching for gold or the shops selling the shovels?
  • #8
  • Aug 18, 2018 10:40am Aug 18, 2018 10:40am
yes true , if someone really good in trade why he would teach you? why he would care about your 100 or 200 or 1000$, he simply can get that by his trades... and i noticed most gurus that people talking about them like if they Gods of forex they talking and selling courses and books etc what make me believe they are fake and just making money by selling us their products .... if someone successful probably he would use that in other way than teaching
  • #9
  • Aug 18, 2018 10:56am Aug 18, 2018 10:56am
Quoting JsCave
yes true , if someone really good in trade why he would teach you? why he would care about your 100 or 200 or 1000$, he simply can get that by his trades... and i noticed most gurus that people talking about them like if they Gods of forex they talking and selling courses and books etc what make me believe they are fake and just making money by selling us their products .... if someone successful probably he would use that in other way than teaching
I do think that there are trading educators out there who are genuine though (and good traders) for a number of reasons:

1. Successful trading can be pretty boring and solitary. By educating others a trader can build a community and make friends!
2. Even the best traders will have bumpy equity curves. By adding other revenue stream (e.g. books, trading room membership), the equity curve is smoothed out and draw-downs aren't so upsetting.
3. They have a genuine desire to help others. Would this be so unbelievable? The idea that a trader might want to "pay it forward", especially after a long journey to profitability, isn't too far-fetched.
4. With the best will in the world, even wealthy people are allowed to profit from their services. At the very least, a successful trader who offers education should be reimbursed for admin costs (website, customer service, social media ads) and might even be paying the wages of permanent staff.

OK there are obviously plenty of non-profitable traders out there who are teaching the "do as I say, not as I do" approach. Some are even humble enough to admit it. I'm pretty sure Jack Schwager (Market Wizards books) mentions his poor trader performance in the introduction to his books, but no-one could begrudge his making money from these classics.
  • #10
  • Aug 18, 2018 11:03am Aug 18, 2018 11:03am
If you are able to teach and not risk your money trading; you are the smart one. However, I would never pay for the services of a trading instructor because they can never prove that what they are teaching actually works in real time. But if you can convince people to pay you to teach them. more power to you.....go for it.
  • #11
  • Aug 18, 2018 11:20am Aug 18, 2018 11:20am
Quoting RondaRousey
If you cannot trade, teach.
Jacko, James, Michael Covel , Alexander Elder,Spreadprofessor , Van Tharp, all fake traders on forums waiting for unsuspecting noobs to bait, & entire commercial section teaching through tools

https://www.youtube.com/watch?v=0VYhffhsfY8
  • #12
  • Edited 11:45am Aug 18, 2018 11:28am | Edited 11:45am
Quoting RCtrader
The headline of this thread is really funny: "So who has made a million teaching people to trade". It is true however that market analysis is key to one's success.

Market analysis is not key to success , trade execution is key to success , those who can't execute teach through anylysis and education. There is a profit gap between analysis and execution.

https://www.youtube.com/watch?v=sg4YzRhILFE
  • #13
  • Aug 18, 2018 11:36am Aug 18, 2018 11:36am
Quoting tradesimply
{quote} OK there are obviously plenty of non-profitable traders out there who are teaching the "do as I say, not as I do" approach. Some are even humble enough to admit it. I'm pretty sure Jack Schwager (Market Wizards books) mentions his poor trader performance in the introduction to his books, but no-one could begrudge his making money from these classics.
Hindsight technical analysis , hindsight price action education , hindsight trend trades, hindsight charts.

If you had done this in the past, you would made money.Captain hindsight educators.understanding of a situation or event only after it has happened or developed.
  • #14
  • Aug 18, 2018 11:38am Aug 18, 2018 11:38am
Quoting loozers
{quote} Hindsight technical analysis , hindsight price action education , hindsight trend trades, hindsight charts. If you had done this in the past, you would made money.Captain hindsight educators.understanding of a situation or event only after it has happened or developed.
Hahaha gotta get me some hindsight!
  • #15
  • Aug 18, 2018 11:40am Aug 18, 2018 11:40am
Quoting tradesimply
{quote} Hahaha gotta get me some hindsight!
If you trade in hindsight , you can never lose, so you make superior educator. But ask him to do it in foresight, like the 99 % folk here who lose.



To make money, you need to know , what market is going to do in the future.


In trading 95 % lose , they end up as educators on forums.
say, "Actually, the precise quote is, "He who can, does; he who cannot, teaches."
Applied to trading: those who teach are failed traders ..
  • #16
  • Aug 18, 2018 11:44am Aug 18, 2018 11:44am
Quoting RondaRousey
If you cannot trade, teach.
every time i saw a smart and real line on this forum i say to my self, well its the beginning of the end for u mm and the brothers
everything that has a beginning has an end , it doesn't mean u gonna lose cuz u already on top of the world but that will make me feel great anyway

@RondaRousey
  • #17
  • Aug 18, 2018 11:46am Aug 18, 2018 11:46am
Quoting loozers
{quote} If you trade in hindsight , you can never lose, so you make superior educator. But ask him to do it in foresight, like the 99 % folk here who lose. To make money, you need to know , what market is going to do in the future. In trading 95 % lose , they end up as educators on forums. say, "Actually, the precise quote is, "He who can, does; he who cannot, teaches." Applied to trading: those who teach are failed traders ..
@loozers @staysafe
  • #18
  • Aug 18, 2018 11:50am Aug 18, 2018 11:50am
Quoting llxx77dd
{quote} @loozers @staysafe

The commercial section has applied for my membership to be revoked.Just waiting for ban card.
  • #19
  • Aug 18, 2018 11:56am Aug 18, 2018 11:56am
Quote
So who has made a million teaching people to trade?

Easy answer, someone who doesn't trade!!!!!!

Why do you need to teach if you can trade, without the headache of having students and all the stuff that comes with it!

Do it for free..if you really are a trader and want to help.
  • #20
  • Aug 18, 2018 11:59am Aug 18, 2018 11:59am
Quoting loozers
{quote} If you trade in hindsight , you can never lose, so you make superior educator. But ask him to do it in foresight, like the 99 % folk here who lose. To make money, you need to know , what market is going to do in the future. In trading 95 % lose , they end up as educators on forums. say, "Actually, the precise quote is, "He who can, does; he who cannot, teaches." Applied to trading: those who teach are failed traders ..

Quote
To make money, you need to know , what market is going to do in the future.

Which is impossible...so instead of trying to be a Nostradamus, take an educated guess, be out as soon as it fails and move on to the next one.
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