Jarratt Davis
Special Consultant to the FPA
- Messages
- 1,495
Ok. My point was that you have some sort of criteria to filter out people that might just blow an account from those who will handle client funds with integrity and controlled risk.
Likewise, when a trader or someone looking to a course or study to be a trader, shouldn't they be able to demand some reasonable proof that what they are 'investing' in will be actionable after they finish their certification? I think a large part of why so many scams persist in this industry is:
a) derivatives trading is virtual....and it is easier to spoof than a brick-and-mortar business.
b) lack of professionals passing on real wisdom to future generations on what to look out for. If anything, some of these professionals abused their positions; the Libor rate fixing scandal being one of the more recent examples.
I'm not trying to be cynical, and I hope you do not take offense to this.
I understand your point and am sure that the online world of Forex training is rife with all sorts of scams and things that are simply nonsense.
The honest reality, in answer to your question, is that there is absolutely no way for you to be sure that this study programme will make you a great trader and lead you on to becoming highly successful.
The only thing that is certain is that this is how all professional firms teach their traders. First of all, to understand how financial markets move, secondly, how to anticipate and react to those moves. No magic system, no secret strategy ... Just good old knowledge and hard work.
That is all this training is ... But I'm almost certain that by going through even the free trial, you will learn something you didn't know before. And if you have been focused on the secret strategies or the pretty chart patterns, it will infinitely improve your trading and results.
We have many, many traders coming through our doors every single year and most of them do not make it. The reason is not the course they studied, or how many pips I made on Myfxbook ... But their own psychology. They will literally fail because they will reach a point where they cannot handle the pressure and crumble. And then they exit the building and find a job doing something else.
And trading in the real world is literally as brutal as that.
Successful traders that can handle it and do not crumble do not hang around for 10 years and spend 12 hours a day in front of a screen ... As soon as they make their money they do different projects, try and move onto bigger things and actually have a life in the sunshine and fresh air.
Trading is just a good way of doing that fairly quickly, compared to all the other options in life.
This programme is simply an online representation of the real world ... There is no clever scam or marketing tricks, we want more exposure for the investment business and an extra revenue stream from people using the tools we offer (But only after they have tried them for free to be sure it is for them) ... Our unique selling point is that literally no other professional investment firm that actively manages clients funds, using a wide range of funds and asset classes (Including FX) has ever made their training free and open to retail traders on the internet. Simple.
When you take it you will either think it is rubbish or see the light and love it ... If you love it you can keep all of those tools and pay a small monthly fee.
You are on this page for a reason, you have an active interest in trading. So take a look and make your decision. We made this offer so you had nothing to lose and it was risk free for you to assess ... That is as fair as we can be.