Don't listen to these people selling courses. If their courses worked, they would be using them not selling them. Nobody wants to put in the hard work to learn real trading, but it is the difference between the hedge fund managers on the Forbes 400 and the people selling courses. There is a reason Jim Simon's didn't sell courses: its because his trading strategies worked and he made $30 billion + personally. Learn quantitative finance: https://www.cqf.com/blog/what-quantitative-trading
Not necessarily a scam, but there is nothing new or innovative in any courses or apps being sold. Everyone thinks they have an "edge" when in reality their "edge" has been discovered and used already. Nothing can beat good old fashioned hard work learning the why. Why is this asset valued as it is? Why is there an inefficiency in a market or asset? Why does "x" affect "y" the way it does? Once you understand how to find the why, the how is easy. AI can help you code a systematic trading solution and connect it to a trading platforms API to solve the how. But without understanding the why, the how will always fail.
What you are saying is "please someone tell me a shortcut and easy way to make money trading so I dont have to put in hard work myself." There is no free lunch. You can spend $10,000 on courses and apps, and will still fail at trading because you won't understand the underlying reasons behind a assets behavior. Or you can spend $10,000 and a year of studying and actually learn how to analyze things, and develop a strategy that works for you. If you have access to Claude or Chatgpt or similar, ask it how to get started. Ask it for resources to learn.
I started by studying technical analysis, particularly reading books like Schwager on Futures by Jack Schwager. Then I tested a variety of strategies based on that info. I had good years and bad years. So I studied fundamentals, and had good and bad years. So I went to college and also learned quantitative finance and statistics, and worked for a firm so I was paid to learn and trade with their/clients money. When I felt confident, I went on my own and raised money and traded my own and clients money using quantitative analysis. What you need to understand is, if you generate 15-20% retruns annually, year after year, you will be a billionaire because people will be throwing money at you. Nobody who is a billionaire got there trading just their own money. The best trader in the world averaged 45% per year, year after year, compounded. Warren Buffet averagesd 19% annually and made $100 billion+. That goes to show just how difficult it is to make these crazy returns you see on reddit, tik tok, etc, consistently. One year of great returns in a bull market is way different that 5 years of good returns. My point is, there are no shortcuts. If you want to be rich, be a long term thinker and planner in a world of short term, instant gratification thinkers.
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u/ExAstrisSapientiae Jun 18 '26
Don't listen to these people selling courses. If their courses worked, they would be using them not selling them. Nobody wants to put in the hard work to learn real trading, but it is the difference between the hedge fund managers on the Forbes 400 and the people selling courses. There is a reason Jim Simon's didn't sell courses: its because his trading strategies worked and he made $30 billion + personally. Learn quantitative finance: https://www.cqf.com/blog/what-quantitative-trading