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Tuesday, May 3, 2011

Learning to trade for FREE

Trying to learn for free? How many times in your life have you received something for free that had a real value? Free is usually worth what you paid for it, NOTHING! I have worked many Trading Expos around the county and always observed the same dynamic. Mindless sheep walking around aimlessly from booth to booth trying to find the company that will provide the secret sauce at no cost. When they don't get what they are looking for, they take a trinket from the table, put it in there bag of free goodies and go on to the next booth. They carefully map out all the free speeches they want to listen to and sit there intensely at every one they attend. When the presentation is over they get up and go to the next one, completely forgetting what was talked about at the last one. By the way, they still did not get the secret sauce. After years of working these type of events(mostly in New York City) I have come to one conclusion. The only people making money at these expos are the show management! Again, stop fooling yourself, no successful trader is going to give you what you need to be successful at trading for free. Why would they?

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