Guru hype

hi mate,

I realized it's difficult for rookies to get a sense of one's trading direction
without help.

With the guru hype that is prevalent in the west and now even in asia where I lived, trainers are sprouting up promising the sky.

How do one know seeking trading truth from the right mentors and not salesmen?

Only read or listen to the most reputable and honest salesmen out there. Try hard to find out about the reputation of the salesman before questioning what he/she says. Those are few, but they exist, and people know them and know that they are good enough to give un-biased and sound information.


Thanks,

Nader

I think sitting with an actual trader can be of use, but I'm personally against paying to go to seminars and courses. I believe you can find learn everything you need from a) the internet b) books c) actual trading. You only need to pay for c. If you don't have time, you can filter out a lot of noise by missing a as well. Nothing is as poweful as learning through trading. With many brokers you can trader such small size that you can trade real money straight away and start learning straight off the bat. Learning by doing is surely the best way. When you learn to swim, you don't spend hours doing the theory. You around, swallow a lot of water, and eventually learn the technique.

That said, as is the case with management consultancy, some people need to hand over cash for lessons to really sink in. Fair play if you relate wisdom with price. As narafa says, if you are going down this route, background checks are key. There may be a current shortage of crude oil, but snake oil is always in ready supply.

let me be your student.