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zomainhacks

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When people offer Forex training, you have to ask yourself are they really making good money in the markets themselves. Why would a highly profitable trader waste his precious time sharing his precious knowledge? Allowing more winners in the market, to take money from you, considering good traders make money off the bad ones. Do they just have a good heart? If that's the case, they won't charge for it (but they do)
 
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When people are offering Forex training, its usually because they aren't making much money in the markets themselves. Why would a highly profitable trader waste his precious time sharing his knowledge? Because he has a good heart? If that's the case they won't charge for it (but they do)

I think your reasoing is right 99% of the times but there are exceptions. Let's say you are a profitable trader and you make %100 ROI for every $ invested, if you can make %200 ROI (or same ROI but with less volatility) with trading courses it makes sense offering FX courses.

BTW what matters for me is that the niche is huge and Ads spending is very high, then someone thorwing $$$ in this domain is possible IMHO
 
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Trading is a game of swapping money with other people. If you're teaching people to be better at that, you're in theory making less money in the markets. There is no upside to creating good traders (to be of your level or better) anymore so than teaching a bad poker player to be a good one, then he sits down at the table with you

Its a far better trade if you're giving people the basics for them to then get wrecked or to be just a little bit ahead or at most satisfied, and that you just need "more training" ...delicate balance. Making money with your "teachings" and it lasting longer ...fantastic. There is a reason why statistically around 5% of traders make money in the Forex market
 
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