Monday, 23 March 2020

Why I don't conduct training programs and webinars

I receive a lot of requests for conducting online/offline training programs. However, I do not conduct any training/webinar etc. owing to following reasons:



  1. My schedule does not allow: I am not a full time trader. I have a full-time job that I enjoy. It gives me cushion to trade with conviction. Also, I have tried full time trading too, found it very lonesome process. But my current bandwidth does not allow to squeeze in time for training sessions.
  1. Nothing new to offer:  The method, guidelines, structure is out in the open. The nuances that I can read in the market are shared on the twitter itself. Essentially, there is nothing new that I can offer during the trainings. The same method, same theory, same nuances will be discussed. Many participants might not find ‘value’ in it. I see so many traders/trainers offering training on DP method based on some ‘secret recipe’ ‘different terminology for the same concepts’ or ‘ some proprietary add-ons’ to the strategy…in essence it is all the same concepts with marketing gimmicks added to it.
  1. If at all…it will come at a cost: If at all I squeeze out time to conduct training/webinars it will be at a substantial cost. I am all for free knowledge, especially when the originator (Nifty Nirvana) kept it free. But my time, effort and energy comes at a cost. It takes time everyday to mark and post trades along with handling queries. That much for what I feel I owe to the trader community at large. The onus of learning it for free is on you. Beyond that, for the same concepts, a premium is attached.
Just to reiterate…I do not have anything new to offer apart from the method that is already available for free. The nuances and market reading I already discuss  on twitter for free. Beyond this (I) my bandwidth does not allow (ii) if at all…it will come at a premium. 

But then, why pay for the same concepts, rather focus on the process:

Read-learn →imbibe practice learn/unlearn/re-learn imbibe practice trade small make losses learn trade small gradually increase reap profits 

Happy Trading!!


2 comments: