BETTER TRADES.COM i attended classes yesterday and today, they gave a lot of information for free, but to go to their events they ch arge betweem 2.000 to 3000. is anyone who been in this events, if is how much that help you.
thank you. im sorry about my english not been so good.
2007-02-10 10:29:27 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
I personally don't know Better trades.com, but I did pay 3,000 for a stock seminar and they did a good job presenting the information. Problem is that they don't tell you the WHOLE story about money management and discipline. You must have the money management skills to manage your trades(what do you doing when you are winning and what to do when you are losing, profit targets). Most seminars talk about setups, but unless you understand the WHOLE process you will be eaten by the professional traders. You must have discipline and a LACK of ego to analyze your trades HONESTLY and find out how your trades failed/ or suceeded in order to become a better trader. You must also be able to put the time and effort into self analysis. Most systems are not for everyone. Example, myself, I am not a risk taker and will not take a WINNER and let it become a LOSER. I have made RULES and follow them.
I agree with the other traders/investors to do more reading and understand your personal goals. Why are you trading and what you are trying to accomplish? What is your risk tolerance? Are you trading with scared money(best way to loser your money and not sticking with your rules).
Good luck
2007-02-10 19:22:07 · answer #1 · answered by sparky7139 2 · 0⤊ 0⤋
$2,000 - $3,000? Ridiculous... One of the other answers had a valid point. If they were that good, they would never spend time teaching, but just trading stocks.
The best thing to do, would be to go buy the book "The Intelligent Investor" ($50) and read that. Also read a book about understanding financial statements. Once you read these, you'll be able analyze stocks yourself. Go to a broker, and let them do all the work involved in actually buying a stock.
To be honest, if you don't know much about the markets, I don't think you should do my method, or your own. Neither of them would help you much unless you understand the basic concepts of investing. But to do this, I'd recommend more university/college type courses.
Do not spent that much money to go to a course about investing. Those people are there to take your money, not to "benefit you". They will offer the same speech they offer anyone, and then care less if you understood anything.
Hope it works out well for you.
2007-02-10 10:49:48 · answer #2 · answered by alex_18ca 2 · 0⤊ 0⤋
They want you to come to their seminars, and by charging this money, they get only the people that are really interested...And the whole seminar is a sales pitch to sell you a trading program, or a course of some type.
Stay with the free stuff, and learn as much as you can about investing before you actually invest. Start off investing by buying into a "Balanced Mutual Fund"
This will be an interesting diversified investment with only a small risk involved. Make sure it is a no load fund (no purchase or selling fee)
2007-02-10 10:49:13 · answer #3 · answered by bob shark 7 · 0⤊ 0⤋
Why spend all that money when you can use http://www.top10traders.com for free?? Top10Traders is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
The best traders have made some really good stocks picks. Just click on their names, and you can see their past and current picks.
Hope this helps.
2007-02-11 04:04:57 · answer #4 · answered by Anonymous · 0⤊ 0⤋
that's an prolonged shot, yet i think of actual Religions (TRLG) is desperate for a run. Their inventory cost has been stagnant on the grounds that previous due 2005, staying in the 15-25$ selection, on an identical time as their p/e ratio has been shrinking. no longer purely has their p/e ratio been shrinking, even however that's lots decrease while in comparison with different opposition. Their PEG ratio (cost to earnings over 5 year improve) is likewise incredibly decrease while in comparison with opposition. i think of it incredibly is purely a rely of time till now their inventory cost catches up, probably giving back a 50-seventy 5% return. yet of direction, i could be incorrect. chuffed paying for and advertising.
2016-10-01 22:36:30 · answer #5 · answered by ? 4 · 0⤊ 0⤋
sm bn got it right. Everyone and their brother in law has a "system." Never saw any that were worth the price. Do you know who Warren Buffet or Peter Lynch are? Think they used these "systems?" Nope. Get some $10 paperback books written by and/or about these two and find a "system" that is worth the price.
2007-02-10 10:47:19 · answer #6 · answered by gosh137 6 · 0⤊ 1⤋
if they are that good, why do they spend their time teaching?
They might as well do on-line trading 24 hours and make tons of money
Get your own conclusion?
2007-02-10 10:37:30 · answer #7 · answered by sm bn 6 · 0⤊ 1⤋