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Is forex education misleading or everyone is stupid?

  • #901
  • Feb 7, 2022 10:00am Feb 7, 2022 10:00am
Quoting ohitsyou
{quote} {quote} Good for you, man. And I hope you tell her that every day. {quote} No, of course not. It's in our genes. It's good to be skeptical. It's smart to be skeptical. But everything comes with a price. Everything is a trade-off -- always. If you don't see that then think more deeply. For example, this particular conversation. All these posts about RickM have consumed this thread and prevented other conversations. Whether those other conversations would have been more beneficial than this one we'll never know. I guess what it comes down...

We will figure it out for sure, only if we're being logical to things and leave emotions out this thing.

RickM would indeed be beneficial having him here if he's indeed profitable. Oh man with that much experience trading and being profitable, I'll be so honared to even have him participating in this thread.

However there's currently only one way to prove he's what he seem to be. I'm being logical

If I'm trading off sometime valuable for nothing, so be it, history will absorb me.
  • #902
  • Feb 7, 2022 10:12am Feb 7, 2022 10:12am
Quoting captalTrader
{quote} I'm not obsessed over RickM. Please... I'm sure he's a dude. And even if she was a woman, I don't think she's more beautiful than my wife. I said I hate Gurus. Is it wrong of me to require more than just connection of two dots? Is it wrong to be too cautious?
Here is an example of what I mean about choosing your battles wisely because there is always a trade-off...

A couple of posts back you boasted that your wife is more beautiful than RickM. If I were captalTrader then my next question would be "prove it". But, you see, I didn't ask you to prove it. And the reason is because the trade-off would have meant switching the conversation to comparing the appearance of RickM and your wife. And there is no benefit there for me.

And, captalTrader -- you know I'm joking and mean no offense, right. No doubt your wife is beautiful. And good for you to share that publicly.
  • #903
  • Feb 7, 2022 10:14am Feb 7, 2022 10:14am
Quoting captalTrader
RickM would indeed be beneficial having him here if he's indeed profitable. Oh man with that much experience trading and being profitable, I'll be so honared to even have him participating in this thread.
Well -- why not PM him and ask him. It sounds like he trades remotely with a small group of friends. If you haven't burned any bridges maybe he'd welcome you in -- I don't know.
  • #904
  • Feb 7, 2022 10:27am Feb 7, 2022 10:27am
Quoting ohitsyou
{quote} Here is an example of what I mean about choosing your battles wisely because there is always a trade-off... A couple of posts back you boasted that your wife is more beautiful than RickM. If I were captalTrader then my next question would be "prove it". But, you see, I didn't ask you to prove it. And the reason is because the trade-off would have meant switching the conversation to comparing the appearance of RickM and your wife. And there is no benefit there for me. And, captalTrader -- you know I'm joking and mean no offense, right. No...


But hear me out...my wife is sure beautiful

If this thread was here's the reasons why my wife is beautiful than every woman in the world (which is true)

Then comes RickM claiming or suggesting otherwise. Then someone will have to prove it! Not just talk but give receipts!!

I say forex education is misleading, RickM says Nah it's not, I spend this much on an airplane ticket, I'm Rick, from trading forex... So it's prove that no forex education is not misleading, people are just stupid.

Well well RickM first, show us your profitable, since you claim to be, then every information, valuable information you give won't be deemed misleading as the this thread has concluded

About asking him privately... No I won't, that'll be hipocratical on my part, also he suggested here publicly that he's profitable and has something to teach, so it's only fare to be public about it and lastly, I'm not looking to be a trader.
  • #905
  • Feb 7, 2022 10:31am Feb 7, 2022 10:31am
Quoting captalTrader
{quote} So I let a plumber teach me nuclear engineering then after he's done I must follow a scientific approach in order for to verify if what I've learnt is not misleading or is accurate? Seeking education from an actual Nuclear engineer seems more efficient to me
But very often, you do get poor nuclear scientists and millionaire plumbers.

Who would you want to learn business techniques from ?

Quoting captalTrader
{quote} I'm not looking to be a trader.


I don't get it,sorry to be blunt, why are you here ?
It never gets easier, you just get better
  • #906
  • Feb 7, 2022 10:39am Feb 7, 2022 10:39am
Quoting Shabs19
{quote} But very often, you do get poor nuclear scientists and millionaire plumbers. Who would you want to learn business techniques from ?
Business or financial techniques. The rich plumber in question is a millionaire running a successful plumbing business?

Sure I won't go to the poor soul for that!

And if the plumber is now a forex trader and a millionaire. Before I go to him, first I'll verify if he made his millions trading forex or teaching to trade forex.

Logical reasoning might be not the norm and out of fashion but it's KING!

If everyone were to reason logically, Nigerian Princes wouldn't be in business today.
  • #907
  • Feb 7, 2022 10:41am Feb 7, 2022 10:41am
Quoting captalTrader
Here in South Africa, it's illegal to practice medicine if you're not a medical doctor and Provide financial advice if you're not a Qualified financial advisor
That's why every course carries a disclaimer at the start.

Quoting captalTrader
{quote} Before I go to him, first I'll verify if he made his millions trading forex or teaching to trade forex.
Teaching & trading are very different disciplines, You would not be able to verify if his teaching is successful or not.
It never gets easier, you just get better
  • #908
  • Feb 7, 2022 10:43am Feb 7, 2022 10:43am
Quoting Shabs19
{quote} But very often, you do get poor nuclear scientists and millionaire plumbers. Who would you want to learn business techniques from ? {quote} I don't get it,sorry to be blunt, why are you here ?
I'm here because.... Please read my article again, just the introduction
  • #909
  • Feb 7, 2022 10:46am Feb 7, 2022 10:46am
Quoting Shabs19
{quote} That's why every course carries a disclaimer at the start.
The financial markets are risky disclaimer?

I wish they also write another one that says.

"What you'll learn in this course is proven to be useless to 99.9% of students who took it."

That'll be great!
  • #910
  • Feb 7, 2022 10:50am Feb 7, 2022 10:50am
Quoting captalTrader
{quote} The financial markets are risky disclaimer? I wish they also write another one that says. "What you'll learn in this course is proven to be useless to 99.9% of students who took it." That'll be great!
If you read the lawyer speak properly, essentially it does say that.

Risk Warning and Disclaimer
Short version: Trading Futures, Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Articles and content on this website are for entertainment purposes only and do not constitute investment recommendations or advice.

Difficult to get the stardust out of your eyes after you have paid an enormous amount of money getting it.
It never gets easier, you just get better
  • #911
  • Feb 7, 2022 10:59am Feb 7, 2022 10:59am
Quoting Shabs19
{quote} That's why every course carries a disclaimer at the start. {quote} Teaching & trading are very different disciplines, You would not be able to verify if his teaching is successful or not.
You keep editing your replies. Isn't better to write a new one if you forgot to add something?

I don't like people who make money teaching people to trade while they themselves don't make a cent trading.

That's the whole point of verifying if someone is making his money trading first before he could teach. How would they know what they teach is the right thing???

Now I feel like I'm going in circles with you

Can you even summarise our little conversation or argument? Please do that so that we're sure we're on the same plane here.
  • #912
  • Feb 7, 2022 11:06am Feb 7, 2022 11:06am
Quoting Shabs19
{quote} If you read the lawyer speak properly, essentially it does say that. Risk Warning and Disclaimer Short version: Trading Futures, Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Articles and content on this website are for entertainment purposes only and do not constitute investment recommendations or advice. Difficult to get the stardust out of your eyes after you have paid an enormous amount of money getting it.
Ok now you're lying I don't like liars too.

English is my 3rd language but even I, I can tell that declaimer is about trading and only trading. It doesn't, in any way suggest it also involves a course or teaching.

You copied that disclaimer from a website?

Forex education is advice on how to profit on the forex market, why would someone pay something that's just for entertainment?????

That'll be being stupid indeed!
  • #913
  • Feb 7, 2022 11:10am Feb 7, 2022 11:10am
Quoting captalTrader
{quote} But hear me out...my wife is sure beautiful If this thread was here's the reasons why my wife is beautiful than every woman in the world (which is true) Then comes RickM claiming or suggesting otherwise. Then someone will have to prove it! Not just talk but give receipts!! I say forex education is misleading, RickM says Nah it's not, I spend this much on an airplane ticket, I'm Rick, from...
Okay -- guess I misjudged you. I see now that all you really care about is being right. Not "right" in the logical sense, but "right" in the egoist sense. Carry on...
  • #914
  • Feb 7, 2022 11:29am Feb 7, 2022 11:29am
Quoting ohitsyou
{quote} Okay -- guess I misjudged you. I see now that all you really care about is being right. Not "right" in the logical sense, but "right" in the egoist sense. Carry on...
Ouch....

I don't get it

I say forex education is misleading. A guy come here and say well that's false, look at me I'm rich from trading forex, so forex education is not misleading, it's just that people are stupid or haven't found a good strategy like mines.

I say okay there, besides affording expensive flight tickets and positive student testimonials, how can we prove that you're telling the truth?

Show just 90 days of your trading history.

AND THIS IS HOW IM BEING EGOISTIC!!!!!

for just asking a sheep to prove he's really sheep and is not wearing just a skin by just going meeeeeh??

Forex market is full of these Wolf's pretending to be sheep's. They're everywhere!!!!!

I'll ask everyone who say no forex education is not misleading because I'm profitable and I'm a product of it, to prove it! I'm not going to just take your word for it. Scammers thrive on taking your Word for it!!!! They love it.

And especially if you teach!!!!! Whoa that will just earn you my obsession straight away

If all of this make me EGOISTIC? Then Hi my last name is EGOISTIC, how are you today?
  • #915
  • Feb 7, 2022 12:02pm Feb 7, 2022 12:02pm
Quoting captalTrader
{quote} The financial markets are risky disclaimer? I wish they also write another one that says. "What you'll learn in this course is proven to be useless to 99.9% of students who took it." That'll be great!
Totally agree. When I started out and I couldn't afford the ridiculous cost of courses I pirated 60 gigabytes of them. After hours of watching I decided I wasn't learning anything unique just basics and strategies usually from babypis or investopedia. I have never watched forex courses ever since.
  • #916
  • Feb 7, 2022 12:02pm Feb 7, 2022 12:02pm
Quoting captalTrader
{quote} Ok now you're lying I don't like liars too. English is my 3rd language but even I, I can tell that declaimer is about trading and only trading. It doesn't, in any way suggest it also involves a course or teaching. You copied that disclaimer from a website? Forex education is advice on how to profit on the forex market, why would someone pay something that's just for entertainment????? That'll be being stupid indeed!
This is just a simple example of a disclaimer, the usual ones are much longer, so not everone reads it in full or even understands it.

All claims made by any courses have this type of disclaimer attached, it is standard practise. Even the CTFC require this diclaimer to be attached.
No one can make a claim that their course will make you successful. it may have worked in the past, but may not in the future.
Basically, you cannot sue them for nay losses that you may have trading whatever method they show you.
You are on your own matey...........

I am editing due to typos and I don't want anyone to get the wrong meanings, especially if English is not your first / primary language.
Sometimes my finger are faster than my brain when typing.

The thread is going this way, as you rae replying back to each person in short answers, with add-on questions.
It never gets easier, you just get better
  • #917
  • Feb 7, 2022 12:57pm Feb 7, 2022 12:57pm
Quoting captalTrader
{quote} Ouch.... I don't get it I say forex education is misleading. A guy come here and say well that's false, look at me I'm rich from trading forex, so forex education is not misleading, it's just that people are stupid or haven't found a good strategy like mines. I say okay there, besides affording expensive flight tickets and positive student testimonials, how can we prove that you're telling the truth? Show just 90 days of your trading history. AND THIS IS HOW IM BEING EGOISTIC!!!!! for just asking a sheep to prove he's really sheep...
Why would 'claimed' results mean any more to you than the 'claimed' level of education ? In fact, given your view of the forex markets, why on earth do past results mean anything to you at all ? Just because a trader called a few good trades in a given period, means absolutely nothing about the future capability to repeat that or even your ability to do the same (not knocking the skilled traders here).

Do you believe all Amazon reviews, eBay reviews, politicians ? If a politician won in the last election does it increase his chances of winning in the next ?

Nobody can realistically say that because something has happened in the past that it will continue into the future, and also nobody can guarantee that they can teach everybody the same things and give each student the same results - it cannot happen.

But I doubt you will even absorb that viewpoint, because you are right and you, expect everybody else to prove differently. But you don't debate it, you just refute it.
  • #918
  • Feb 7, 2022 2:02pm Feb 7, 2022 2:02pm
Quoting captalTrader
I'll ask everyone who say no forex education is not misleading because I'm profitable and I'm a product of it, to prove it!
go to darwinex and see top 10 traders results. they know how to trade... their knowledge can be described as education if they would share their know how. but they wont... still.. good education exists at least in unexpressed form. and that education is not misleading.

see for example this 7 year trading result - consistency and safety

here in ff i know only joyny listed in darwinex.. so you should listen what he say maybe oh no maybe do not do that because then you will be considered as an "waterboy" like me
  • #919
  • Feb 7, 2022 3:25pm Feb 7, 2022 3:25pm
It's morning here in Aus and the thread is still humming lol.


Is forex education misleading OR everyone is stupid.


A binary question, which starts conversations flowing, yet is probably based on a common flaw.

(read Zen and the Art of Motorcycle Maintenance, which takes the whole book - I do speed read tho lol - to identify the potential destructional errors of limited two-part-only binary premises).

Maybe let’s leave the ‘everyone is stupid’ bit for later (although I have already made a comment on that premise earlier).


The first part

“is forex education misleading”

holds itself to a premise that there might be just ONE FORM of collective education, relating to Forex.


Unlike (most) Forex Education, plumbing or nuclear science would have, I imagine, a ‘defined agreed outcome’ at the end of the education.

ie Culminating in an EXAM pass prior to Certification.

This would gauge if the Forex Student either comprehended the information received, or even remembered it, let alone being prepared for utilising it for speculation purposes.


So, firstly if we want to really examine the OPs question we would have to identify …

Which EDUCATION we are talking about.
We may well come to the conclusion that ‘forex education’ is Not Generic.

If forex education is NOT generic, or at least singularly SPECIFIC, then we might have further questions to initially ask of an educator before parting with our money to them, and which would have nothing necessarily to do with its potential profitability.


Anyway to resolve all this, and BEFORE trading Forex live with real money, maybe at the completion of ANY Forex Education Course there should be an EXAM.
As would happen in ‘most’ education processes.

This EXAM might require the course participant to Demo Trade for a short period to see if their education was, not so much valid, but that it might lead to a (small) profit from implementing the ‘education’ provided.

The Course Developer could have this as the Final Part of their, or any, training course.

Ask any Forex Educator BEFORE starting their course if there is a testing process post-course education where you could be graded as a Pass or Fail.


If NOT then each ‘forex educated’ person might BEST, and FIRST, exam(ine) themselves, in Demo mode
as to the real value of their received education BEFORE jumping into the cauldron of real live trading.

“Buyer beware”
  • #920
  • Feb 7, 2022 3:37pm Feb 7, 2022 3:37pm
Quoting gepards
{quote} go to darwinex and see top 10 traders results. they know how to trade... their knowledge can be described as education if they would share their know how. but they wont... still.. good education exists at least in unexpressed form. and that education is not misleading. see for example this 7 year trading result - consistency and safety here in ff i know only joyny listed in darwinex.. so you should listen what he say maybe oh no maybe do not do that because then you will be considered...
Looks like joyny's brown-nozers (oops, I mean water boys) have returned...

I wonder how many times this fellow gepards is going to keep telling us how great a trader joyny is. We've heard him the first 6 times. It seems like gepards is to joyny what ryuryu is to RickM...

It's the brown-nozers and misleading gurus who poison FF -- but, you know, I think the brown-nozers are worse. At least the misleading gurus are occasionally entertaining. The brown-nozers have no redeeming value...


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