Moral dilema
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Thread: Moral dilema

  1. #1
    If you don't become successful after 2-5 years of studying how to trade Forex. Would you think about teaching others for cash ? If yes/no than why?
    Would it be ethical to instruct others how to trade if you aren't successful yourself? Do you really care about ethics ?

  2. #2
    Most of the theorical people are not very good in pratical terms...

    So yes... For a real trader it requires more than thought, it is just like a sports coach, like football coach such as...

  3. #3
    Quote Originally Posted by ;
    Most of these theorical men and women are not too great in pratical terms... So yes... For a true trader it requires more than concept, it is just like a sports trainer, such as soccer trainer such as...
    I had been thinking also about sport coaches. And such as why basked ball trainers do not perform basked ball? Since they are not able to play basket ball as great. But that does not follow they are not better trainers who players themselves.

    Otherwise, the players wouldn't require a trainer.

    Of course we can't literally compare this to forex, because basket ball involves physical motion - trainer may not have great body, but he may be good at egies.

    In forex - being great at egies is practically enough.

  4. #4
    I might look at instructing somebody who asks me about it the basics which every trader should know, regardless of whether they are profitable or not, but I would not ask to be paid for this, I think.

  5. #5
    Quote Originally Posted by ;
    (1)If you do not become successful after 2-5 years of learning how to trade Forex. Would you think about teaching others for money ?
    (2)If yes/no compared to why?
    (3)Would it be ethical to teach others how to trade if you aren't successful yourself?
    (4)Do you care about ethics ?
    //-----

    hey max.... These answers would only apply to me ... (1) no... (2)forex is risky enough as it is... (3)no...(4))yes.... My plan would be to work harder at it to become successful.... And then using a multi-level wide open public explorer move on the road to edue.... That might be the best job in the world.... A tax allowable holiday....

    Of course we can have somebody teach us with many words that the hazards of skating on very thin ice.... Or we could watch someone skate on really thin ice daily for a month.... He'd probably shout out a just single brief word that had nothing to do with skating as he hit that ice cold water.... The very first time might be humorous... 2nd time less.... I'd learn more from this second man....

    So there is no doubt in my mind it is possible to find out lots enough from the losing traders here onforexsoutheast.asiaalone to become successful.... They can teach us just by using their actions as a warning of possible results...h

  6. #6
    Quote Originally Posted by ;
    quote I was thinking too about sport coaches. And such as why basked ball trainers do not perform basked ball? Since they're not able to play basket ball as good. But that does not follow they're not better trainers who players themselves. Otherwise, the players would not need a trainer. Of course we can't literally compare this to forex, because basket ball involves physical motion - trainer may not have good body etc, but he may be good in egies. In forex being good at egies is practically enough.
    I actually agree with this. It is far easier to tell others what they should be doing than to actually be able to do it yourself. The trainer is examples is fantastic. Perfect analogy.

  7. #7
    About the contrast to basketball coaches - I think we should not forget that some coaches are former players that have stopped playing because of age, rather than inability, plus they have the expertise that they could pass onto younger, energetic players.

  8. #8
    Quote Originally Posted by ;
    Concerning the contrast to basketball coaches - I think we should remember that some coaches are former players who have stopped playing due to age, as opposed to inability, plus they possess the expertise they can pass onto younger, active players.
    This isn't always the case. You can also use eduion for instance. If your professor has no real industry expertise, does that mean he can't teach his course?

  9. #9
    Quote Originally Posted by ;
    quote This is not necessarily the case. You can also use eduion. If your professor has no actual business expertise, does that mean he can't teach his class?
    That depends on what they're teaching - the bare theory or the practical appliion of that theory. If they're instructing the latter I'd want them to have some expertise on the area, I believe.

  10. #10
    Nice topic!

    The majority of the teachings from recent decades' commercial trading courses are for the most part truths combined with lies. Most protect legitimate conventional concepts like technical analysis, fundamental analysis, plogical managing, risk managing, fundamental chartings... that are all helpful for beginning up trading novices. The frequent problem that's unfortunately the most important one - that the trading egies that many teach and claim can make money in the long run, usually don't work.

    I would have prefer that these gurus actually be honest about themselves and their abilities, and truly do their best to assist their students with what they actually know.

    1. Concentrate on teaching the fundamentals and base, which is actually a really wonderful thing for novices, with no questionable trading egies.
    2. Teach pupils how to trade and think like great traders.
    3. Guide students to come up with decent trade plans and their own trading egies.

    At least these are some of the things I would do if I were to decide to edue people about trading.

    Not that I urge new traders to go for courses. There are some people who prefer substances to be set out for them nicely for them, and more importantly they are willing to cover it. The principal issue is to find the honest ones, that can be kinda hard but not entirely hopeless.

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