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Here is my problem with these so called courses - if someone has figured out to time the market, why would they sell it for $47 (or whatever the amount)? It doe

Here is my problem with these so called courses - if someone has figured out to time the market, why would they sell it for $47 (or whatever the amount)? It doesn't make any sense, unless that person is a college kid with no money of his own to invest (in which case, he wouldn't have the know how or be in a position to teach). Do you do day trading?

SirLJ 9y ago
No, I do not believe in day trading, I don't think I can compete with my few VPS servers against millions of dollars of HFT infrastructure, co-located servers in the exchange data centers, etc... The problem with all educators/gurus/coaches is not much the fact that you'll lose few thousand dollars to useless training, but when you start real trading you'll end up losing much more hard earned money using their strategies... Not to mention some of them will front run their students, buying low float and often penny stocks and alerting to the followers and selling into the spike and then will use the winnings as advertisement to lure the next batch of sheep to fleece... Don't forget: "There's a sucker born every minute" as my high school friend P.T. Barnum used to say ;-)