Be very wary of expensive
trading and investing courses/seminars
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Last update : March 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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