The future of trading education?

Hey,

If you checked out the last newsletter, I just wanted to take a moment to say thank you.

While I was reading through the replies, something stuck out to me.

People were asking if I was still looking to run courses again and it made me wonder what the current state of trading education is.

From what I could tell, a lot of people felt like they had tried everything and were still feeling lost out there.

In fact, I recently talked to a friend about a very popular Discord that had fallen from its peak last summer into chaotic disorganisation after letting too many people in and trying to blend too many price action schools of thought.

It requires tremendous leadership and structure to run a large chat room and provide both the foundation and advanced techniques that hundreds of people need all at once. Far too often, these rooms are sold as teams and mentorships. I think that’s a bold marketing claim and somewhat farfetched.

If anything, the service model is closer to a regular schools with the same mixed results.

From my own experience in Rob Smith’s Strat room (which was not a typical Discord), although I enjoyed every second in there it was often better to ignore the chat and just do my own thing. It was fun to listen to Rob’s humour and view on the overall market, but there were no trade ideas or plays on offer in there. Without total focus on applying Strat principles to my ideas, I was easily distracted.

I recently ran a little quiz on X/Twitter which further confirmed that trading education isn’t offering enough for most people. You may have seen it here:

I’m interested in knowing what readers of this newsletter think about the education they’ve received online (whether free or paid) and what’s missing.

Hit REPLY to this email and let me know. I’ll be reading every response and sharing my thoughts with you in a few days.

Thanks for reading,

P.