Podcast:

Play

Why Courses Do Not Work

In this video:
00:22 – What do you get with a course?
00:41 – Someone I follow
01:22 – No-one needs more information
01:50 – What do you get at TFTC?
02:52 – Get access to our wisdom and knowledge
03:57 – Contact me with your questions

I'm going to explain to you why courses do not work. Let's talk about that and more right now.

Hey traders, Andrew Mitchem here at The Forex Trading Coach with video and podcast number 340.

What do you get with a course?

This is all about why courses do not work. Now, you might be thinking, “Hey Andrew, that's a little bit odd. Bit of a strange topic of conversation coming from you, as someone who is online, who actively has a course. And now you're telling us courses do not work.” Let me explain more.

Someone I follow

I follow a guy online who has courses online also. Nothing to do with trading. He's more of a business coach. But an email came through from him yesterday and it's all about why courses do not work. I'd like to just read a little bit from that email to explain further what I mean and how it can also help you.

Here we go. He says, “I bought courses all the way from $7 up to $35,000. Some were great, some were terrible. But after spending over $100,000, I have to confess, courses do not work. But often they do give you something that does work, and that is access.” I'll explain more. He goes on to say, “You see, none of us really need more information.

No-one needs more information

We're overwhelmed, overloaded with information. It's everywhere. Most of us are drowning in information. But more information, what that does, that leads to options and options leads to confusion. However, when you have access, that gives you the thing that really initiates change, and that's wisdom.” And he says, “Wisdom is simple, applied knowledge and experience. But more information gives you more options or confusion, where a specific wisdom gives you clarity.”

What do you get at TFTC?

So it got me thinking. Here at The Forex Trading Coach, what do you really get? Well, of course you'd get a course and a strategy and software and webinars and all that type of thing that you know that you'd get and know that it's good because it's been around for 10 years and it's got a five star rating. But what you really get is exactly like that email says. When you join us at The Forex Trading Coach, what you do get is access to wisdom. You get access to full-time traders. You also get access to other people just like you who've thought about investing in a forex course and actually have gone ahead and done that, who are now actively trading the system.

So you have access to ourselves as full-time traders and mentors and coaches, but you have access to that wisdom of other people all around the world who are sitting at home just like you, who want to become good forex traders. Not everybody wants to become full-time, but people just want to master the art of trading forex. That is the wisdom that you do get access to as part of The Forex Trading Coach community that we have.

Get access to our wisdom and knowledge

When it comes to us as full-time traders, you've got myself who's been trading 16 years, we've got Paul over in America who's been trading since 2005, so 14 years, we've got Mikalai based in London who's been trading since 2012. That's what, seven years. So all up, 37 years between us. I've been coaching for over 10 years, but 37 years of knowledge and wisdom from just the three of us as traders. Then on top of that, all the knowledge and wisdom from active traders just like you.

So have a think about that conversation, that email where he says, “Courses don't work, but they give you access to clarity, access to wisdom.” That is really, when you think about it, what you get when you join a well respected and well established trading course.

I hope that helps. Just a little bit of a different take on things this week. But just if it may just get you thinking about the actual value that you get, access to that knowledge and that wisdom, it's really important. So I hope that helps.

Contact me with your questions

If you'd like any other topics discussed, just send me an email. [email protected] I'll see you this time next week. Bye for now.

 

Click Here to Learn How we can help you

Play

© 2020 The Forex Trading Coach Ltd (NZ FSPR:FSP37396) provides general information and educational courses and materials only. This is not an offer to buy/sell financial products. We do not provide personal advice nor do we consider the needs, objectives or circumstances of any individual. Financial products are complex and all entail risk of loss. Over-the-counter derivative and foreign exchange products are considered speculative because they are highly leveraged and carry risk of loss beyond your initial investment, hence should only be traded with capital you can afford to lose. Please ensure you obtain professional advice to ensure trading or investing in any financial products is suitable for your circumstances, and ensure you obtain, read and understand any applicable offer document.

Latest Podcasts / Videos

#349: Removing the Confusion from Your Trading

Podcast: Removing the Confusion from Your Trading In this video: 00:26 – Trading Confusion and how to overcome it 00:55 – Confusion to Clarity 02:00 – Knowing what to look for 02:50 – Feedback from new clients 03:59 – Pick the charts and time frames that...

#348: Making 2020 a Fantastic Trading Year for You

Podcast: Making 2020 a Fantastic Trading Year for You In this video: 00:35 – What can you learn from your trading in 2019? 01:10 – We start trading on 13th January and have our trading plan ready 01:27 – Daily trades made +23.87% gain in 2019 02:17 – We know...

#347: Becoming a Better Trader in 2020

 Podcast: Becoming a Better Trader in 2020 In this video: 00:25 – 2019 has been an excellent year 01:01 – We post our daily trades every day of the trading year 01:50 – Other trades posted on our forum site and taken on our webinars 02:10 – How you...

#346: Trading Forex from Anywhere

 Podcast: Trading Forex from Anywhere In this video: 00:25 – We’re not geographically restricted 01:15 – All about Nelson 02:05 – What’s the freedom worth to you? 02:47 – Plan now as we head towards the end of the year The great thing about trading...

#345: The Value from Being Part of a Trading Group

 Podcast: The Value from Being Part of a Trading Group In this video: 00:29 – What happens when you join a group 00:59 – It’s a lonely business 01:25 – Feedback from our trading community 02:17 – What our new traders like about the course 03:23 – The...