Why should you learn to trade like a college degree?
It's easy to get excited when you first discover the joy of trading. Many aspects of trading seem incredible, and most of them are.
But, as Nick Angel says to his co-star Danny Butterworth in the movie "Hot Blood Detective," "There's always something going on somewhere."
Everyone wants to find gold trading tools, or perfect trading systems and solutions, or even the secret to getting rich trading. But these are all nonsense. The only secret to learning is that there is no secret, it still requires time, money and effort.
However, most people who aspire to be successful and wealthy today are not prepared to pay the costs of all three. They always want the fastest results with the least effort.
But if trading is compared to a full-time university degree, the perception of the journey also changes. Trading requires principles and transparency, and there are many concepts that are accessible to all potential traders. Time, money and effort are also indispensable.
How much do you spend on trading training?
Look at the cost of college tuition in 2015, which can reach 15,000 to 24,000 dollars over three years. Many people are unable or unwilling to pay so much for trading training. Strangely, these people are willing to spend the money on undergraduate degrees in geography, languages, or computer technology.
Would you really ask the class teacher this question?
Imagine this scenario, you are in a college entrance interview, and the head teacher sits across from you and asks, "Do you have any other questions?"
And you say, "I do have a question. If I spent 20,000 dollars to get my bachelor's degree, how long do you think it would take me to earn it back?"
How far are you from being a successful trader?
In the year after graduating from college, only about half of graduates find a full-time job, so it seems very necessary to spend four years studying.
But, are you sure you're ready for four years of trading study? Are you sure? Because I don't really believe you guys say yes. When have you ever actually spent four years in a row being really focused and trying to learn one thing?
How much time do you spend studying?
Statistics show that to earn a college degree, it usually takes 28 to 36 hours a week to study or do homework. Regular exams, as well as your advisor's evaluation of you, are also important parts of the degree.
Do you keep track of the time you spend learning about trading or related knowledge? How far is your data from the one above?
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Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.
