Oct 116 min read

Is TradingView Editor's Picks the Best Alternative to Expensive Trader Courses?

In the world of trading education, the market is saturated with countless courses, workshops, and webinars promising to turn you into a profitable trader. While some of these programs offer valuable insights, many are led by individuals who have never traded live or whose strategies are heavily reliant on complex algorithms and mathematical models. This article argues that it's often more beneficial to focus on traders who have consistently demonstrated their skills through their analysis on TradingView, as this platform provides a transparent and verifiable record of their trading acumen.

Why Spend Thousands on Courses from Non-Live Trader Gurus? Stick with TradingView Editor's Picks

The Limitations of Non-Live Trader Gurus

Many trading gurus claim to have achieved significant financial success through their strategies, but without a verifiable track record of live trading, it's difficult to assess the true effectiveness of their methods. Additionally, some courses emphasize complex mathematical models and algorithmic trading, which can be challenging for traders without a strong background in these areas. While these strategies may be profitable, they often require significant capital, specialized software, and a deep understanding of programming.

The Value of TradingView Editor's Picks

TradingView is a popular online platform that allows traders to chart financial instruments, analyze market data, and share their ideas with others. The platform also features a "Editor's Picks" section, where the TradingView team highlights the most insightful and informative analysis from its users. By focusing on traders who have been recognized as Editor's Picks, you can gain valuable insights from individuals who have consistently demonstrated their ability to identify profitable trading opportunities.

Why TradingView Editor's Picks Matter

There are several reasons why TradingView Editor's Picks are worth considering:

Transparency: TradingView provides a transparent platform where traders can share their analysis and receive feedback from the community. This allows you to see how these traders approach different market conditions and make decisions.
Real-world Experience: Many of the traders featured as Editor's Picks have extensive experience trading live markets. This means they have firsthand knowledge of the challenges and opportunities that traders face.
Diverse Strategies: While some Editor's Picks may focus on technical analysis, others may use fundamental analysis or a combination of both. This diversity can help you find a trading approach that aligns with your preferences and risk tolerance.
Community Engagement: The TradingView community is active and engaged, providing valuable feedback and insights on the analysis shared by Editor's Picks. This can help you gain a deeper understanding of the market and refine your own trading strategies.

How to Find and Follow Editor's Picks

Finding and following Editor's Picks on TradingView is easy. Simply visit the "Editor's Picks" section of the platform and explore the analysis shared by featured traders. You can also follow these traders to receive notifications when they publish new ideas.

Conclusion

While there are many trading courses and gurus available, it's often more beneficial to focus on traders who have a proven track record of success. TradingView Editor's Picks offer a valuable resource for learning from experienced traders who have demonstrated their skills through their analysis on the platform. By following these traders and studying their approach to the market, you can gain valuable insights and improve your own trading performance.

Why Spend Thousands on Courses from Non-Live Trader Gurus?

In the world of finance and trading, there's a plethora of courses and programs available, promising to turn anyone into a successful trader. Many of these courses are led by individuals who claim to have achieved great wealth through trading, but have never actually traded live. While it might seem counterintuitive to spend thousands of dollars on advice from someone who hasn't proven their skills in real-time, there are several compelling reasons to consider these courses.

1. Theoretical Foundation and Conceptual Understanding:

Non-live trader gurus often have a deep understanding of financial markets, trading strategies, and economic fundamentals. Their courses are designed to provide a strong theoretical foundation, helping students grasp the underlying concepts that drive market movements. This knowledge is invaluable for developing a solid trading plan and making informed decisions.

2. Proven Strategies and Systems:

Even if a guru hasn't traded live, they can still share effective trading strategies and systems that have been tested and proven through backtesting or simulations. These strategies can serve as a starting point for new traders, providing a framework for building their own approach to the markets.

3. Educational Focus:

Many non-live trader gurus prioritize education over profit. Their courses are designed to teach students the skills and knowledge they need to become successful traders, rather than simply promoting a specific trading system or method. This focus on education can be a significant advantage for those who are serious about learning the craft of trading.

4. Risk Management and Psychology:

Successful trading is as much about managing risk and controlling emotions as it is about technical analysis and fundamental research. Non-live trader gurus often have a deep understanding of these crucial aspects of trading, and their courses can provide valuable insights into how to stay disciplined and avoid common pitfalls.

5. Accessibility and Affordability:

Compared to live trading courses, which can be expensive and difficult to access, courses from non-live trader gurus are often more affordable and widely available. This makes them a viable option for traders of all levels, regardless of their budget or location.

6. Complementary to Live Trading Experience:

While courses from non-live trader gurus can provide a strong theoretical foundation, they should not be viewed as a substitute for real-world trading experience. It's important to combine theoretical knowledge with practical experience to develop the skills and confidence needed to succeed in the markets.

7. Reputation and Reviews:

Before enrolling in a course, it's essential to research the guru's reputation and read reviews from previous students. This can help you assess the quality of the course and determine if it aligns with your learning goals.

8. Continuous Learning and Support:

Many courses from non-live trader gurus offer ongoing support and resources, such as webinars, forums, or private coaching. This can be valuable for students who need additional guidance or want to stay up-to-date on the latest market developments.

9. Avoiding the Cult of Personality:

It's important to be wary of courses that promote a guru's personal brand or trading system as the only path to success. A good course will focus on teaching fundamental principles and strategies that can be applied to a variety of market conditions.

10. Personalized Learning:

While courses from non-live trader gurus may not offer the same level of personalized attention as one-on-one coaching, they can still provide a valuable learning experience. By carefully selecting a course that aligns with your goals and learning style, you can gain the knowledge and skills you need to become a successful trader.

In conclusion, while spending thousands of dollars on courses from non-live trader gurus may seem like a risky investment, it can be a worthwhile endeavor for those who are serious about learning the craft of trading. By focusing on theoretical foundations, proven strategies, risk management, and emotional control, these courses can provide a valuable foundation for building a successful trading career.

Here are the courses I was telling you about C++ Quantitative Developer course and the Book About Building Low Latency Applications with C++.

1)The Quantitative Developer Certificate (QDC)

Globally Online:

Thursday 17th October - Thursday 10th Apr

World-Renowned Machine Learning Faculty

Paul Bilokon: CEO, Thalesians, Visiting Professor, Imperial College

Ivan Zhdankin: Systematic Trading, JPMorgan Chase & Co

Saeed Amen: Turnleaf Analytics / Cuemacro / Visiting Lecturer at QMUL

https://qdc.org.uk/

2) https://quantnet.com/courses/

A)C++ Programming for Financial Engineering

B)Python for Finance with Intro to Data Science

C) An Intuition-Based Options Primer for Financial Engineering

D)Advanced C++ and Modern Design

3) Building Low Latency Applications with C++: by Sourav Ghosh (Author)

Email Subject: For Holders of CFA, CQF, FRM, PRM, CAIA, ARPM & BTRM

To: WBS Training

@mlinstitute.org f@wbstraining.com

WE ARE OFFERING EXTENSIVE DISCOUNTS FOR THE FOLLOWING PROGRAMMES.

For Holders of CFA, CQF, FRM, PRM, CAIA, ARPM & BTRM.

NO VAT IS ADDED FOR SELF-FUNDED DELEGATES.

Algorithmic Trading Certificate

Learn the fundamentals of algorithmic trading and gain practical skills to design and implement trading strategies.

40% discount - reduced from £3,950 to £2,370.