Why do traders not make courses/teach it?

[rik]

probably its competitive nature of it and lot of traders might not be very social to enjoy teaching
from my experience the few guys i tried to explain my thinking they just didnt get it, i dont think its lack of intelligence but some people just think "black and white" and for everything there must be a reason

[prestburydreams]

I can not trade and I'm trying to learn i don't think you can teach people to trade I think you can teach people the mechanics of trading the markets and the key point of probability of certain events which could unfold in the last 10 minutes pre off but so much of even watching somebody like Peter in his video's is how he sees it at the time

You could take 2 pro traders results at the end of the day and there would be losses for one where the other has cleaned up and vice versa

As someone who feels he is starting to progress and have read endless blogs and watched countless videos i do feel personally that people struggle to learn as it is often dressed up with a load of waffle about trying to align so many different circustances like wom order flow cross overs bookie prices and breakouts and swing trades scalp trades that when you start you are waiting for everything to line up like it's a mechanical process every race every time but if this were the case then there would be no traders as they would be correct every race every time and all trying to execute the exact same plan at the exact same time

I have traded 5 days on the trot and made a profit and I personally have found that I'm in a much more comfortable trading zone in my own head when i focus on what is happening in the here and now race to race and the one of my key areas of improvement is coming from stop trying to tell the market what I think it should do you dont have to be the first in the market and finally if you can lay something for 100 quid stakes your miles better off breaking it up into 4 x 25 pound units or 5 x20 units it gives you more room for manoeuvre for when it does not instantly turn

[Kai]

Surely, as we're continually told trading is 90% psychology, you'd be better off going on a pyschology course to start off.

Speaking of English trading communities there's basically only this one with its 25k registered members but really not too many active ones.

At that scale, perhaps, but I know of at least two more much smaller that are active communities. There is the suggestion in your post Kai that scale is better for a trading community - why is that?

As a neutral I am maybe in a unique position to just call it how I see it. The scale is a good indicator in general, but the only thing that I really care about is quality. And speaking of quality, on most markets the real learning for me started when I discovered the Portuguese traders, so I've made the effort to at least understand them.

But for instance, when looking for football trading specialists in the UK I have actually found zero established traders to learn from, and it wasn't for the lack of trying. That was a pretty shocking discovery to say the least, but I was equally shocked by the other trading community, albeit in a positive way. The difference in age I believe to be relevant as well, there's not many over there that are 40+, there's probably an argument here that the younger generations of traders have to be a bit more creative in general to challenge the old guard, as the markets get increasingly more difficult to trade over time.

[arbitrage16]

At that scale, perhaps, but I know of at least two more much smaller that are active communities. There is the suggestion in your post Kai that scale is better for a trading community - why is that?

As a neutral I am maybe in a unique position to just call it how I see it. The scale is a good indicator in general, but the only thing that I really care about is quality. And speaking of quality, on most markets the real learning for me started when I discovered the Portuguese traders, so I've made the effort to at least understand them.

But for instance, when looking for football trading specialists in the UK I have actually found zero established traders to learn from, and it wasn't for the lack of trying. That was a pretty shocking discovery to say the least, but I was equally shocked by the other trading community, albeit in a positive way. The difference in age I believe to be relevant as well, there's not many over there that are 40+, there's probably an argument here that the younger generations of traders have to be a bit more creative in general to challenge the old guard, as the markets get increasingly more difficult to trade over time.
[/quote]

Ok, but I'd suggest you're as neutral as the rest of us, no?

I don't think the BA forum is necessarily a quality forum. In terms of the stuff that's shared here, a lot of oblique references but very little concrete guidance. The guy that posted the Greyhound edge a few weeks back, that was actually shocking to see, something of value actually being shared. Much of the rest is just noise. This thread included, haha!

I think the opposite is true - in a smaller, more intimate setting people get to know each other and there is more of a sense of us v them, them being the wider trading community, and information and guidance of greater value is shared accordingly.

[Kai]

Ok, but I'd suggest you're as neutral as the rest of us, no?

That's a fair point, out of the 25k members I am apparently #25 in terms of postcount (although 95% of those are probably memes) so I'm only neutral geographically speaking :

I don't think the BA forum is necessarily a quality forum. In terms of the stuff that's shared here, a lot of oblique references but very little concrete guidance. The guy that posted the Greyhound edge a few weeks back, that was actually shocking to see, something of value actually being shared. Much of the rest is just noise. This thread included, haha!

I guess it depends where you are in your trading journey and what type of markets you're interested in. Imho there is enough quality/guidance here provided one is able to read between the lines, if I didn't think that was the case I wouldn't be posting here on Derek's forum, that's just a hard cold fact. I think first and foremost the forum is a good place to hang out, but as you've pointed out (and coincidentally contradicted yourself) with the greyhounds edge example even some of the old guard can still reap some benefits from the forum if they bother lurking around. I like the example since I was actually the first one to warn the greyhounds person that they've potentially spilled the beans, even though automation and greyhounds are some of the topics I know the least amount about it was still a bit obvious that experienced people could easily pounce on a "new" opportunity, although in this particular case I got the feeling that all parties ended up benefiting in the end so hopefully no harm done.

But regarding the noise on the forum, just like on the market itself, it's up to you filter that out and find something concrete, if it's even there. If you look at Youtube, there's only really Peter there, the rest is mostly just noise.

[Kai]

But regarding the noise on the forum, just like on the market itself, it's up to you filter that out and find something concrete, if it's even there. If you look at Youtube, there's only really Peter there, the rest is mostly just noise.

Not really my intent to offend people so apologies if some of it sounds too harsh or something, just trying to offer an honest enough point of view and opinion.

Obviously, the newcomers aren't able to distinguish between quality and let's call it "noise" because they lack the experience to do so, this is why there is a market below/above the market for all types of services, some shady and some legit.

But ultimately I'm sure that the real traders would prefer to get involved in the real markets and trade rather than teach. An additional stream of income is always welcome but I would be a bit sceptical to say the least, if I were learning from a full time teacher. There's a distinct lack of transparency across the board and this needlessly muddies the already muddy waters.

[arbitrage16]

I think first and foremost the forum is a good place to hang out, but as you've pointed out (and coincidentally contradicted yourself) with the greyhounds edge example even some of the old guard can still reap some benefits from the forum if they bother lurking around. I like the example since I was actually the first one to warn the greyhounds person that they've potentially spilled the beans, even though automation and greyhounds are some of the topics I know the least amount about it was still a bit obvious that experienced people could easily pounce on a "new" opportunity, although in this particular case I got the feeling that all parties ended up benefiting in the end so hopefully no harm done.

Oh contraire my friend, no contradiction. The example was used to convey just how infreqently real posts of quality occur on the forum.

And no comment as to whether you being 25th in the posting charts is support/resistance to the notion of overall quality

[Kai]

Oh contraire my friend, no contradiction. The example was used to convey just how infreqently real posts of quality occur on the forum.

Quality is not the word that I'd use to describe that example, although I understand where you're coming from. It's a relative term so best of luck to anyone who wants to try and define it I consider nivi's posts to be pure quality and I dare you to disagree.

And no comment as to whether you being 25th in the posting charts is support/resistance to the notion of overall quality

That's the beauty of a public forum, the content is out there for everyone to judge should they wish to There's no hiding place on a forum, every single word is precisely timed and recorded. Maybe I was equally disappointed with the forum like you seem to be and said the same things at one point, but not everyone is actively looking or expecting quality from an open forum.

The good news is that if the forum really has garbage quality like you seem to claim, then upping the quality should in theory be very easy!

[rik]

So did anyone improve a lot from attending a course, can recommend anyone as a teacher?

[Trader Pat]

I think Kai hit the nail on the head, there's lots of valuable information on the forum if you read between the lines. I'd also say that about BetAngel TV, Peter drops a few nuggets every now and then in his videos if you read between the lines.

I think the forum is brilliant, I can't speak about Portuguese forums but I cant think of another forum that's so active and so full of people who are willing to help and answer questions. The problem is there are so many people who take up trading and expect others who have worked very hard for longs periods of time to just share what they've learned, you have to do your own legwork.

The nuts and bolts of trading is pretty simple, the difficult part is you're essentially fighting a war on two fronts: against yourself and other people. I think the biggest mistake people make starting out it is they spend too much time reading and watching videos about trading rather than just getting into the markets and learning through trial and error. You can absorb as much information about trading as you like but until you experience the concept it probably won't make any sense to you.

[Derek27]

I think Kai hit the nail on the head, there's lots of valuable information on the forum if you read between the lines.

Even the information and ideas that are not so valuable has caused some amusement and provoked discussion, which is what a forum's all about.

[Trader Pat]

I think Kai hit the nail on the head, there's lots of valuable information on the forum if you read between the lines.

Even the information and ideas that are not so valuable has caused some amusement and provoked discussion, which is what a forum's all about.

That too

[Kai]

I think Kai hit the nail on the head, there's lots of valuable information on the forum if you read between the lines.

Even the information and ideas that are not so valuable has caused some amusement and provoked discussion, which is what a forum's all about.

I agree. Speaking of not so valuable information, my posts usually contain a bad joke or three, so that others can sometimes laugh with me as well, and not just at me. Or so I like to think at least, to keep my confidence levels high. Although I've heard a wise man once say that you can never really be wrong if all you ever do is just repeat and rephrase what all the top experts around seem to be going on about, but surely it cannot be this simple.

And have you heard the news Derek, that your postcount is next to worthless? The people have spoken, you better start injecting some quality into your posts, maybe an edge or two as well into each post, to justify your high post count. I honestly can't believe it, after working so hard to get into the top 25 forum charts to now find out that postcount is actually meaningless? That quantity doesn't even equal quality? And that maybe it's the opposite???? I am very upset to have found this out just now, as you can probably tell by this inadequate forum emote Did I even make it into the top 25 Croatian traders charts?!? I very much hope so, there's only 3 of us ffs. I am beyond upset right now and probably need a few days to calm down.

[rik]

betfair popular in portugal, didnt know there were many pros there?
compared to the betfair forum I read a lot of interesting threads here, betfair forum seem a lot of outright gamblers.

[Archery1969]

For what it’s worth, when the UK dogs come back, I am planning on providing a length YouTube video on the best way to trade them from what I have learnt over the past 9 months. Obviously it will be free and people can ignore or take whatever snippets they wish from it.