| How did it all start? Well, you might think that the | | | | who constantly fell prey to just how 'easy' it was for |
| concept was borne really out of common sense when | | | | them to get up and go. And it really became so easy |
| more and more retail traders and greenhorns were | | | | for them. Because of the internet and emerging |
| dropping like flies out of the market. In any case, while | | | | technology, more and more causal folks from around |
| the victimising nature of the market to new traders | | | | the world were able to sign up for a trading account |
| was something part and parcel of investing and | | | | literally within a day of their contacting a company who |
| speculation, there was a need to retain new traders | | | | would do this for them. Just because it was easy for |
| as they came. Markets like Forex and futures retained | | | | them to do so, does not mean that it was easy for |
| their fluidity with more active participation, and since | | | | them to trade. Margins were also one of the problems. |
| things were getting harder and harder for newer | | | | Those that dealt with currency trading were given |
| traders, there had to be something in place. | | | | percentages that bordered on the ridiculous |
| Then there was the whole question of balance. New | | | | sometimes. Put in $100 and get $10,000 of margin to |
| entrants to the financial game, tagging themselves as | | | | play around with. If that was not an invitation to drown |
| gurus or owners of one step solution to fortunes were | | | | in your own excitement, then nothing else would be. |
| starting to overcome the digital arena. This meant that | | | | So the online trading course came about because |
| more and more people were being seduced by well | | | | there was a need to, there was a point to this, there |
| placed sales copy and crafted WebPages that | | | | was a vacuum in between the good trader and the |
| promised them riches and much more. You would be | | | | beginner that needed to be filled. The online trading |
| surprised. Even those with good systems, good | | | | course took their model from what banks and large |
| methodologies also fell prey to this, because they had | | | | brokerages were already doing, compressing their |
| to stand out among the crowd. I mean, no matter how | | | | month long courses into bite sized pieced - yet not |
| good your system was or how excellent your trade | | | | losing any of the lessons that were inside. In the end of |
| signals could be, you would not be noticed in the hail of | | | | the day, education is the key to success. Experience is |
| shout outs from other companies who were painting | | | | the one thing that will allow you to make money from |
| their doors red and blaring their horns for everyone to | | | | the internet. This was the genesis of the online trading |
| hear. | | | | course, and for you, the trader, new or old, it is a |
| So what you had was a situation where there really | | | | necessity for your career. |
| was a need to tip the scales in the balance of those | | | | |