People are paying a large amount for stock market training, approximately $10000 dollars per person, yet the students make losses and complain. Why do some stock market trainers flourish despite having many complaints on quora?
Why do some stock market trainers flourish despite having many complaints?
- Thread starter timewo
- Start date
You are only paying attention to those that lose, what of those that are making it? Definitely, there are thousand and one successful stock traders who don't come to online to share their success story. That the trainers are living large is a good indication that many are making it
The simple truth is that a lot of new people that doesn't have any knowledge on how to trade will always buy into their services and along the line they will find out the real truth about some of them.
I have invested in stocks for many years. I do my own research and read articles written by financial experts about the economy. I also check their recommendations on which stocks to buy. They are not always right, but overall speaking, I have no complaints. Their recommendation did help me making some money.
They still do pretty well even with all the complains because they have been able to make a name for themselves already. Lets take coca cola for example, people complain about it being bad, about how you can use it as bleach to wash clothes yet they are still selling why? They already have a name in the industry.
I think these people do flourish because they have already established their brand in the market and no matter how some of the clients complain about failing in the business despite the training received from them, they still get alot of money per sign ups due to their brand.
I too agree with you. I think lucky plays a very vital job in the success of each and everything a person does. For instance on this particular venture whereby they offer methodologies and tactics that seems not to work at all, but still benefiting from that.
