Providence, RI (PRWEB) December 28, 2006
Trading the financial markets successfully is something many of us aspire to do. Brokers report, though, that the average trading account lasts only 6 months. Why?
John Forman contends that lack of trading education is the biggest reason so many of us fail when we take on the markets. Forman is author of the Amazon.com top selling book The Essentials of Trading, writer of literally dozens of magazine articles on trading, and contributor to trading websites the world over. He's been active in the markets for nearly 20 years, both personally and professionally. Along the way, he's seen a lot of trading - good and bad.
"I communicate with traders all over the world," Forman recently commented. "It's a common theme among those that find themselves struggling with their trading - even in some cases after several years in the market - that they need to go back and learn the stuff they didn't learn when they got started."
The majority of people who start trading do so with little guidance or education. They are drawn in by the lure of big profits. They've heard stories of people quit their jobs and become full-time traders and others who started with small accounts and ran them up to six or seven figure portfolios. The problem is they either didn't hear about or ignored those who lost in trading.
The Essentials of Trading came out of Forman's experience teaching trading in the university classroom. "These were students who, even as finance concentrators, knew about the markets on a general basis, but had no experience actually trading," he said. "I developed Essentials to provide new traders with a way to learn trading from the ground up, with no particular market bias or trading style recommendation. We all trade differently. That's one of the very first lessons."
Forman's book has received broad praise, but he's not satisfied to leave it there. Knowing that a book, with its flat text presentation, can only go so far, he has put together a new home study course featuring lots of audio and video content. In fact, the new course has nearly 9 hours of video lecture material and almost 4 additional hours of audio content featuring insightful interviews with other traders.
"The release of this course is very exciting," Forman said. "I really want to help people get their trading going in the right direction, and I honestly believe this course will help them do just that."
The new course allows students to learn at their own pace. It focuses a lot on practical exercises, which gives them the opportunity to gain the hands-on experience and confidence they need for trading success.
To learn more visit http://www.TheEssentialsOfTrading.com/course