As Jesse Livermore was fond of saying speculating is made up of market timing, emotional control and money management.
Most courses I suspect deal only with market timing, and maybe money management.
Whilst many trading psychologists deal purely with emotional control - and charge a nice fee to boot.
I really never got suckered into courses - but if i make a course myself - it would contain a major component on how to handle being in a trading hole, grail following, what to do if you start overriding the system and all the other delights awaiting most beginners.
This is probably where most courses fall down.
From what I have seen of courses out there they make their market timing far too complex with multiple entry variables - in an attempt to sound clever, and add certainty to a business with no certainty.
As I have said many times already now - you dont need complex trading methods as taught by the gurus - all that does is add more stress to the beginner.
Infact Id be more inclined to purchase a course if it said - a five year old can trade this - than if it promoted lots of bells and whistles.
Of course many of you simply cannot believe that the simplest methods work the best - and so are forever in search of that one new guru, or secret indicator to solve your problems.
But 90% of the problems lie with the mental side of trading not with a system.
If you learn to truly think in probabilities most of you experiencing issues will improve.
But endlessly looking at courses or systems just shows that rather than thinking in probabilities you want sure fire methods that rarely lose.
This is not how winning traders think.
There are no certainties in trading, learn to live with it.
