Why does Babypips exist?

I’ll admit, I’m not particularly charitable with the little free time I have, which is perhaps why I don’t understand why resources such as the Babypips school exist. I mean, whoever dedicated hours and hours to creating the content on this site could have been spending their time trading. What’s the catch?
Is there more money to be made through online advertising?
Are they just recruiting fresh meat for slaughter (I mean, this is a zero sum game, right)?

Apologies for my scepticism :slight_smile:

I think there are still sites and people that dedicate themselves to educating others in the subject they love. I’m pretty certain that the creators of this site love what they do, and I also think they get a buzz from helping others in a subject that’s full of unsavoury people and companies that just want your money.

The content in the school, if that was available via epub or pdf I would gladly pay for it! I’m thankful that this site exists. I do not want to be one of the 95% that are destined to fail in this subject. I do it because its fun, not because I think it’s an easy way to make money.

Merry Xmas everyone!

Absolutely! For me, it’s the excitement of devising strategies and being able to use my demo account balance as a metric of their success that makes it worthwhile. It’s not about the money… it’s about the game :16:

It’s probably a lot easier to sell advertising space than to trade profitably and anyway someone has to sell picks and shovels and butter knives to gold miners. LOL LOL LOL

inside joke, that was funny :smiley:

Babypips exist because it is one great place in which we can learn about forex.Babypips is one of the most suggested sites to learn about forex.Merry Christmas babypips and to all members.

Forget the game.

I can play games that I enjoy all day for free without the thought of a loss. Nintendo… XBox.

This is all about the cheddar. Demo is useless. make it count every time you pull the trigger no matter how small the trade size.

Without real bucks on the line, there will never be a chance of consistent success.

I think there ar still sites and other people that dedicate themselves to educating others within the subject they love. i am pretty sure that the creators of this web site love what they are doing, and that i conjointly assume they get a buzz from serving to others in a very subject that is packed with unsavoury folks and corporations that simply need your cash.

The content within the college, if that was offered via epub or pdf i’d fain procure it! i am glad that this web site exists. I don’t need to be one among the ninety fifth that ar destined to fail during this subject. I eff as a result of its fun, not as a result of i feel it’s a simple thanks to create cash.

I am in the online advertising business, and I can say that there is bucket loads of money to be made, but I would doubt that is the reason this site exists, I myself have created websites to help out people with advertising online and other aspects of marketing, just because I enjoy it.

Though, a very well respected guy in the advertising business once said to me, the best way to make money is by teaching other people how to make money…

Babypips exist for only one purpose and that is to make money. In order for them to grab the attention online users, they have to offer something important (Forex education). The education is what brings traders here and in turn traders get to see adverts. Babypips makes money from the adverts on this sites.

Totally agree with you. No one do anything without a return. Simple as it is.

Babypips exist because we (aspiring traders) exist.

If Babypips exist just to make money, why dont they start charging each one of us for membership fee? Ofcourse, you need to make money via advertisement and such to pay for those who operate this websites from technical supports, administrative staff, and internet, etc. to help the website operate on a daily basis 24/7…

If Babypips doesnt exist, where do you think we are end up going? Where can you “talk or chat” about trading subjects in your neighborhood, your friends and family who doesnt have a clue what the hell are you talking about and think you are crazy lol…

[B]I am glad and thankful that babypips exist (and its FREE!!) [/B]and that they really help so many of us to get our foot in a trading world and show us what is out there …and without members of its Community (virtually) babypips website wont be a success either. Everyone contributed on something even how small or big it is to make it work…(and fun :slight_smile: )…

Though, there are so many things more to learn…

To Babypips and to those active members who contibuted enough by showing to newbies how they do their trades, their strategies/system without asking in return… or even to those who are simply responsed and expresses their own opinion, experiences, when questions asked… well done! keep up the good work! and I am thankful to be part of the BP community!

[QUOTE=“PipNRoll;581385”]Babypips exist because we (aspiring traders) exist. If Babypips exist just to make money, why dont they start charging each one of us for membership fee? Ofcourse, you need to make money via advertisement and such to pay for those who operate this websites from technical supports, administrative staff, and internet, etc. to help the website operate on a daily basis 24/7… If Babypips doesnt exist, where do you think we are end up going? Where can you “talk or chat” about trading subjects in your neighborhood, your friends and family who doesnt have a clue what the hell are you talking about and think you are crazy lol… I am glad and thankful that babypips exist (and its FREE!!) and that they really help so many of us to get our foot in a trading world and show us what is out there …and without members of its Community (virtually) babypips website wont be a success either. Everyone contributed on something even how small or big it is to make it work…(and fun :slight_smile: )… Though, there are so many things more to learn… To Babypips and to those active members who contibuted enough by showing to newbies how they do their trades, their strategies/system without asking in return… or even to those who are simply responsed and expresses their own opinion, experiences, when questions asked… well done! keep up the good work! and I am thankful to be part of the BP community![/QUOTE]

We’ll said!

So people who volunteer are scammers? The wealthiest men in the world donate the most in the world (there is a difference between wealthy and rich). Some would argue that it’s for tax purposes, but I beg to differ. I would argue that people who are successful are so because they are willing to give, wether it be time, treasure or talent, and a combination of those can render amazing results for a positive outcome. BP is in my humble opinion an amazing example of this. Yes they make money from ads and site traffic, but it slows them the time to make it a better site to help more people.

Another thing to note is that this forum does not promote soliciting… One of the biggest reasons I keep coming back. The scammers get shut out quickly.

@Pipnroll our friend fxstarter didn’t last long, they even deleted his amazingly long thread of nothingness… :wink: The good guys do win sometimes.

Safe trading everyone.

-Nill

Definitely.

OP: And you know what? It doesn’t mean they aren’t trading haha. The constant analysis they put up here helps drive content and all of that stuff which will help ultimately bring ad money, but that still helps their own trading as well. I never understood why people think that because someone teaches or educates, they also can’t do it in their own life.

I’ve seen many professors who study and research at a university and are fully immersed in the topic in that field, but also take some time to educate as well.

It’s almost as if newbies come in thinking that every waking moment will be spent trying to trade, when in fact it’s nearly the opposite. Much of trading is waiting and distracting yourself so you DON’T trade, making sure to only take the best opportunities.

I’m a natural skeptic too, so I understand the concern, but once you’ve delved deep enough down the rabbit hole, you realize that teaching/analysis/contentwriting and trading are not mutually exclusive endeavors.

Academic professors is not a good comparison to traders who opt to teach… The research professors HAVE to teach… It’s part of their job… Many would rather immerse themselves in their research and not deal with the teaching aspect.

Second… There is a big difference between saying a successful trader won’t teach because he’s making money and saying a successful trader won’t teach FOR MONEY because he is making money. You have the example of millionaires donating money… That’s called philanthropy. There are some traders who, out of boredom or generosity will share with the community… For free. However, once the teacher starts charging money then that’s when it becomes very unlikely he is actually a successful trader. If you are a successful trader you won’t be wasting your time and effort with the headaches that teaching for money creates.

The odds are highly stacked towards the “teacher” not being successful, and finding it much easier to teach for profit then to trade… And why waste effort and money learning from someone who can’t do it themselves?

While that’s all very valid, we’re referring to Babypips’ existence which seems to pull revenue from ads rather than charge for programs or anything along those lines.

Like anything in this world, it exists because there is a demand for it.

Ahhh…

Well in that case it exists primarily to make the creators money.

[QUOTE=“DarkPool618;587185”] Academic professors is not a good comparison to traders who opt to teach… The research professors HAVE to teach… It’s part of their job… Many would rather immerse themselves in their research and not deal with the teaching aspect. Second… There is a big difference between saying a successful trader won’t teach because he’s making money and saying a successful trader won’t teach FOR MONEY because he is making money. You have the example of millionaires donating money… That’s called philanthropy. There are some traders who, out of boredom or generosity will share with the community… For free. However, once the teacher starts charging money then that’s when it becomes very unlikely he is actually a successful trader. If you are a successful trader you won’t be wasting your time and effort with the headaches that teaching for money creates. The odds are highly stacked towards the “teacher” not being successful, and finding it much easier to teach for profit then to trade… And why waste effort and money learning from someone who can’t do it themselves?[/QUOTE]

Your logic is a bit pessimistic in my opinion. I make money trading, as well as other passive income sources. My house and cars are all paid for and I live in one of the most expensive states in the U.S. I take vacations on a regular basis, and do not worry about paying my bills. Would you define this as successful? I love reaching out to people and helping them, I feel if I didn’t do this I wouldn’t have made it to where I am in life. Do I always do things for people for free? No! Why? Because if there is a cost associated with something (time, treasure, or talent) it will carry more value to the recipient. Compassion for fellow man can be a powerful tool for self improvement, as well as community improvement. From your viewpoint of how the world works, no one who is successful would ever help anyone else… I hope you don’t take this as an attack on your opinion, simply an attempt to show another perspective.

[QUOTE=“Nill;587233”]

Your logic is a bit pessimistic in my opinion. I make money trading, as well as other passive income sources. My house and cars are all paid for and I live in one of the most expensive states in the U.S. I take vacations on a regular basis, and do not worry about paying my bills. Would you define this as successful? I love reaching out to people and helping them, I feel if I didn’t do this I wouldn’t have made it to where I am in life. Do I always do things for people for free? No! Why? Because if there is a cost associated with something (time, treasure, or talent) it will carry more value to the recipient. Compassion for fellow man can be a powerful tool for self improvement, as well as community improvement. From your viewpoint of how the world works, no one who is successful would ever help anyone else… I hope you don’t take this as an attack on your opinion, simply an attempt to show another perspective.[/QUOTE]

I’d say a “successful” trader worth paying money to learn from would be making a full time upper middle class income from trading entirely…

Your description of your trading would put you in the “hobbyist” category… And although I’m sure you can give some valid pointers… It’s no where near the level at which one should be charging for teaching.

If you look back I didn’t say “no one who is successful helps anyone”. I said that the successful traders do sometimes like to share with the community… But it’s typically free and on their own terms… That’s what philanthropy is. Philanthropists don’t charge money. :slight_smile:

Lol yep :slight_smile: Well, you guys did the work. I just push the button. I am sure he will be back at some point with maybe a new strategy called " The Dragonfly and his 12 Apostles ( or maybe 13) " lol…