Quote:
Originally Posted by lazyplane
Hi,
I am keen to know if there are folks who have attend trading course conducted by those advertised trading managers and found those tips that are given useful and workable.
Care to share what was the best advice you received ? And what was the "school fees" you paid so far ? And how tips given actually made an improvement to your trading strategy / portfolio.
Frankly, would you also comment if this is due to luck or really increase in your trading skills.
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1. the previews are free, but not much is revealed except to persuade you to sign up for the 'full' package. full package is usually in the thousands. 3k is common. i didn't sign up, my friend did.
2. there is no 'best' advice from those seminars. you do learn something, but there's nothing u learn there that u cannot learn from books, internet, etc.
3. the best advice i read, from a book is to "protect your principal". it sounds similar to buffet's only 2 rules of investing, of which the first is 'don't lose money'
4. the most valuable skill u can pick up is actual experience. nothing u learn from seminars, books, etc can replace that.
5. personally i find some books useful, but only to a certain extent. u can have the most wonderful theory on how to trade profitably in the market, but the only way to prove it is to put money on the line.
6. hope that helps. good luck to your trades!