Be very wary of expensive
trading and investing courses/seminars
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Last update : July 2010
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| I call the people behind these courses 'dream sellers' because that in my opinion is what they're selling - dreams.
They try to convince the naïve (sorry to be blunt) that trading is easy and it's relatively easy to make money in what's probably the most competitive industry on the planet.
Have you seen their initial sales letters for example? They often promote the fact that anyone can earn 5% - 10% a month for doing virtually nothing. Statements like that are incredible and I think incredibly reckless but still people believe them.
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| It's my personal opinion that these firms are first and foremost marketing companies who happen to be selling stockmarket and spread betting courses. They are not traders or trading companies that in turn market courses. |
| So be on your guard, research what you're really buying and the people behind the courses. Use Google and you'll probably read 1 positive comment for every 9 negative ones. Plus, the positive comments often seem too good to be true, perhaps because they're posted by people connected to the course sellers?
Overall I'd advise people to stay well away from these get-rich-quick seminars, courses and strategies.
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| The importance of getting the right spread bet broker |
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There are good spread bet brokers and bad ones. Having a good broker won't guarantee you profits but a bad broker will probably lead to losses as a combination of their gamesmanship and suspect software takes its financial toll.
So who do I recommend? Simple, the 2 brokers I personally use for my own spread betting. Read this page for more details.
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FREE Report - How to Learn Spread Betting and Prosper
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How to build the all-important trading experience
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Where to get trading help and advice
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Which broker to use and why
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Simple 2 month training plan to follow
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Download the FREE report |
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Read more in the Spread Betting section:
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