Why Course Sellers Can't Trade?
43sDirectly challenges the legitimacy of trading courses, sparking debate among traders and course creators.
▶ Play ClipAI Summary
The video discusses the value of trading courses, questioning whether course sellers are actually skilled traders. The speaker shares a personal journey of 17 years of struggle, taking multiple courses, and eventually developing a profitable system. He argues that while many courses are ineffective, even a single useful point can make them worthwhile.
Chapters
[00:02]
Course Sellers vs. Traders
The speaker challenges the idea that selling courses means the seller is not good at trading, suggesting there are two sides to this argument.
[00:17]
Struggle with Complex Patterns
After 17 years of struggle and taking training, the speaker found that complex patterns like Double Top, Gann, and Fibonacci did not work for him.
[00:41]
Simplicity and Value in Courses
The speaker emphasizes that keeping trading simple is easier, and even if a course is bad, catching one useful point can make it worthwhile.
[01:14]
From Losses to Profitability
After 12-13 years of losses, the speaker became profitable and then decided to teach others, starting with his sister who still trades successfully.
[01:54]
Mentorship Guarantee
The speaker offers a guarantee: if a mentee is not profitable, they get their money back, but he cannot guarantee market manipulation.
Mentioned in this Video
Study Flashcards (3)
What patterns and concepts were taught in the courses mentioned?
easy
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What patterns and concepts were taught in the courses mentioned?
easy
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Double Top, Double Bottom, Triangular Pattern, Gann, Fibonacci, Support, Resistance.
00:29
How did the speaker eventually become profitable after taking courses?
medium
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How did the speaker eventually become profitable after taking courses?
medium
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He struggled for 17 years, took training, and developed his own system after using his brain.
00:17
What condition did the speaker set before starting to teach trading?
hard
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What condition did the speaker set before starting to teach trading?
hard
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He started teaching after he became profitable and felt he could train others.
01:14
💡 Key Takeaways
💡
Courses vs. Trading Skill
Challenges the common belief that selling courses implies incompetence in trading.
00:02
🔧
Simplicity Over Complexity
Advocates for keeping trading systems simple rather than relying on complex patterns.
00:41
⚖️
Profitability Before Teaching
Highlights the importance of proven success before offering mentorship.
01:14Full Transcript
[00:02] not do it through trading but through courses. Exactly and the person who needs to sell the course, it means he is not good at trading. Do You Agree on This or Not not good at trading. Do You Agree on This or Not See there are two things in this. There first thing is
[00:17] ? I have struggled for 17 years and today I am sitting here in front of you. Ok? Had started. I took training myself. I didn't understand anything.
[00:29] I was taught Double Top Double Bottom Triangular Pattern Gann Fibonacci Support Resistance Bhaiya, it did not work at all,
[00:41] simpler you keep it, the easier it is, I will not say that all the courses were bad but if I caught even one point from them then it became worth it for me, that is okay I did the same, I did many
[00:56] courses, learned something or the other, got something from somewhere, got something from somewhere. Then I used my brain and developed a system. Ok? Now that I have done it for 12-13 years, I have made losses. After that, when I turned profitable, then I thought that man, I struggled so much. Can
[01:14] I train someone ? Then I started. I Ok. And my sister is working perfectly even today. So when I felt that I can teach, then I came into the market and
[01:28] started teaching. Can you do this ? Like you taught 100 clients ? Like you taught 100 clients and told them that I will charge from the profit, I will teach only after making any profit and 100 of them are trading. In
[01:41] a way, the market can also be manipulated. Let us look at it this way. These are two questions. There are two different questions. First of all, tell me whether this can be done ? Can you make a profit or not? In this way and in this other
[01:54] way the market can also be manipulated. No, see, the market will not be manipulated in this way. What can I do? What can I do ? One thing I can guarantee is that if you take mentorship you learn understanding. I can make an agreement. If
[02:09] not profitable then money back. I can do this. Prime Technical Hmm.
