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Entertainment vs. Training in the “Trading Education” Space

April 11, 2022 By Matt Thomas 2 Comments

Entertainment vs. Training in Trading Education

Entertainment/Distraction vs. Legitimate Education/Training in the Trading Industry: There's no doubt that the world of "trading education" can be an extremely difficult landscape to traverse. On one side, we have consumers who are typically looking for the fastest, easiest ways to accomplish their goals/dreams. And on the other side, we have product/service providers who understand these desires and want to provide consumers what they want. But what most hopeful traders "want" … [Read more...]

Filed Under: Become a Consistently Profitable Trader Tagged With: What is a Trading Guru, What is a Trading Mentor, What is Training For Trading

Trading is a Skill – Knowledge Will Only Get You So Far

February 7, 2022 By Matt Thomas 6 Comments

Trading is a Skill - Knowledge Will Only Get You So Far

Knowledge vs. Skill - Understand the Distinction Between Information and Functional Skill: I fear that many hopeful traders become serial course-takers and service-subscribers (related to trading) due to a misunderstanding in what it takes to achieve durable success in the markets. They just don't understand the difference between knowledge and skill. Now, I'm not saying that all trading courses and services are bad - that's not true at all. But what I am saying is that there's a … [Read more...]

Filed Under: Become a Consistently Profitable Trader Tagged With: What is Trading Edge, What is Training For Trading, Why Do Traders Fail

Can You Learn How to Trade By Watching YouTube Videos?

December 13, 2021 By Matt Thomas Leave a Comment

Can You Learn How to Trade By Watching YouTube Videos

Learning How to Trade With YouTube Videos - The "Free" Approach: I personally use YouTube as a resource for education and research all the time, so I completely understand how beneficial it can be for acquiring information. But when it comes to trading education - I think it has some major limitations to be aware of. For beginners to the financial markets and trading/investing in general, the natural first step is to start doing some initial research on the subject. In most cases, … [Read more...]

Filed Under: Become a Consistently Profitable Trader Tagged With: What is Training For Trading

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