First off, I’m not sure that there’s a way I can ask this question without getting people’s backs up. It is honestly not my intention, I’m an simply an amateur trader who genuinely enjoys learning new skills, and I am excited to have potentially found an alternative method of earning to help futureproof myself and my family.
I’m prepared to put in whatever time, effort and dedication it takes, but I feel in a bit of a catch 22 of not knowing what I don’t know. For this reason, I’ve been considering investing in an online course for a while now, but there is one question that puts doubt in my mind…
Why do traders who profess to have such valuable knowledge and to have attained so much personal success from said knowledge, put in the effort to write these “comprehensive” courses and charge what is probably pocket money in relative terms for this information?
I could completely understand giving the information out for free to simply help others, and I could equally understand seeking to make a decent amount of money from selling courses in place of trading. But if there is the possibility for a practically infinite amount of wealth from their skill/knowledge, why take the time to promote selling a course in addition?
Don’t get me wrong, it does make sense from a business perspective to have multiple sources of income but there’s just something that makes me skeptical, and I’m asking the question to gain alternative perspectives so I can do my best to ensure I invest my money wisely in something that will actually be beneficial.
I hope no one takes this as bashing people who sell courses, I have no doubt that there are legitimate mentors out there, but in 2020 there are also likely to be a lot of cowboys too and it’s sad that these need to be weeded out.