Yirbu wrote:Don_xyZ wrote:As for trading method.....
I think some people are better off learning from paid mentor reason being:
1. They offer the complete package. Well, some of them. They have signal service/discussion during the day, they have the PDF, they are ready for personal coaching (some will require additional fees). So you can also earn while learning their stuff.
2. When you pay out of your own pocket you normally would learn better thinking that you must never waste money. Think about your parents when they pay your school tuition or extra lessons or that piano lessons or violin etc.
3. There is a community of people who are also learning. The variety of skill level in the community means that your questions are already answered somewhere in the group's platform with lots and lots of example.
4. With great number comes great confidence. A community with a lot of members will boost your confidence for sure because you know a lot of people are on your side. This will help you psychologically.
5. There will be success story section on the group or testimonials to inspire you and help push you forward. They will tell you the pitfalls and the useful stuff you have to pick up. Kind of a blue print for success using their method so you have role models to choose from.
6. Knowing that there will be people around the clock (members from around the globe) to help you or be there for you is also a great thing. A sense of comradeship is understood only by a select few and the effects can't be ignored.
In Kreslik, we have none of that.
1. What you have here are seasoned traders who shared their stuff for free and as such, they are under no obligation to do all the stuff mentioned above.
2. You can ask and you might or might not get your answer because the traders here mostly post in their spare time or just whenever they feel like it. So, self motivation is crucial in here.
3. Be precise of what you're looking for or when you ask questions because people are different and they came from different walks of life. So in order to get the right answer, you must ask the right question.
4. Sometimes you get rude awakening but that's mostly because Kreslikers want you to see something. You know, when people slap you to make you come to your senses.
5. Community is a herd but Kreslikers are specialists so the stuff you find here are way above what you would normally pay for the courses. Pick one and do it religiously or if you're not religious then do it extremely obsessively. Picture a monk or someone who lives in a cave for years to master kungfu or black magic. If it doesn't work, then there are still plenty of stuff to choose from and then repeat the whole cave thing again.
6. Be sure to pick something that fits you. Don't try to emulate Kreslikers just because it looks good coz you might not fit for it. There are low risk strategies, medium risk strategies and there are high risk strategies. There are short term method (positions are taken and liquidated in less than a day) there are medium term and long term method. Most people confuse themselves thinking that they can just use any strategies and this is wrong. Know who you are, what you can do, what are your weaknesses and limitations. Thinking you might be able to do something won't get you anywhere because the fact is there's a wide gap between expectations and reality. Everyone aspire to become Mohammed Ali or Michael Jordan or Joe Satriani but very few of them are successful.
7. I'm too tired to type. Took me like more than 2 hours to think and do the typing on a phone especially when I'm still in hospital. Kreslikers will add to this as they see fit.
Ideally there should be nothing wrong with a paid course...in reality however there are some factors that impact the quality of the course;
- Does the mentor/teacher have trading experience?
- Does the mentor/teacher have teaching experience?
Now for the first part, to be honest; it's desirable that the teacher has some trading experience and better, that he is profitable but he doesn't have to be a trading god. Not important.... at all.
For me, the most important part is that he has teaching experience; he should know how to explain stuff
(He doesn't have to be a schooled teacher, everyone who has kids and cares knows how to explain things)
If someone is able to trade but not able to teach, your course is destined to be a disaster.
(See the old ICT vids; they were terrible; explaining for 3 hours is not teaching)
Most trading courses have a pdf (explaining some stuff) and a teacher that tells you to read the pdf a 1000 times and success will follow.
Imagine a course where you get a pdf explaining the three most important grammar rules of the French language. You also get a book written in French and can listen to the teacher speak French every day. That's how most trading courses work.
There are so many fraudulent courses that even picking one is a challenge. Especially if you are a beginner.
"You never know what you gonna get"
IF... if I would know someone is able to explain properly AND is able to sit and trade together (1on1) maybe...just maybe I would have considered paying for a course.
I am at Kreslik and I like it here, I like the people here, I like that everyone is passionate about their skills and I like what I am learning.
I'm not going anywhere
Yes. There is actually a lot of good mentors out there these days but, for every one of them there will be at least 50 bad apples or even more.
For 1 on 1 where he teach face to face (not only via zoom) and lets you see him trade live, there are mentors who provide this kind of stuff but I doubt the average Joe's could afford such service.
It's true that finding one is terribly hard for beginners. One could attribute such encounter as fate but if one is not religious then it's a coincidence.
