Trading school: where to get trained and start earning money? How is training structured at the TeleTrade trader school? Why is it important to study?
Teletrade is a successful company that has existed for more than 20 years and provides training opportunities at the Trader School and the Millionaire School. What is a trading school and why is it needed? Who is eligible for training?
TOP 3 Forex brokers in the world:
- Online courses - theoretical part
- Classes in offices are practice.
- Issuance of a document confirming successful completion of training.
The entire course is conducted over 2 weeks, providing the following knowledge:
- Basic knowledge about trading.
- Binary options (a contract that provides the investor with either a profit or a loss).
- Principles of analytics and financial summary.
- Financial management.
- Psychology of trading.
- Reading and working with financial charts.
- General knowledge about the market.
Over the past 5 years, during which training has been ongoing in Russia, more than 5 thousand people have completed courses. The project is gaining popularity and is developing in the following cities of Russia:
- Central part;
- Volga region;
- Far East;
- Northwest;
- Siberia.
There are branches in cities of Ukraine.
The school has 2 levels of training: for beginners and professionals. Tuition fees vary.
There are training programs in which the first lessons are free.
For reference! TeleTrade makes it possible to install a Forex Clock widget on your desktop, which displays the operating schedule of the main exchanges on the planet.
Forex watches from TeleTrade
The company also has a special TeleTrade Analytics application, which helps you quickly find out the necessary information and currency quotes on the Forex market.
Millionaire School
The Trading Academy provides an educational project in the form of an online quiz - Millionaire School.
There are over 1000 questions on the following topics:
- story;
- finance;
- economy.
Each question provides additional information on the topic. The quiz runs for a month, after which 10 winners are selected.
The participant starts the game with starting capital. It works this way: at startup, a random selection system starts. The number of points is always different for each case, but the average is about 361 points.
Next, 50 points are awarded for each correct answer. Having collected 1000 points, the participant moves to the general ranking, where he competes for the place of the winner. In the general rating there is a limit on attempts per day; if the answer is incorrect, the entire amount may be lost.
Interesting! Invited participants will help you get the required number of points. For each friend you bring, an additional number of points is awarded, which depends on the activity and progress of the newcomer.
Based on the results, participants receive appropriate awards and incentives:
- Ten winners are given the opportunity to open an account with TeleTrade.
- The person who takes first place receives 30,000 rubles to his account with the possibility of withdrawal without working on lots.
- Participants from 2nd to 10th place receive 30,000 rubles, but without the possibility of withdrawal from the account.
Participation in the Millionaire School helps the participant gain knowledge and practical analytical skills.
Quiz at Millionaire's School
Is it worth studying at Teletrade or not?
Experts do not give a clear answer to this question. On the one hand, it is believed that the Trader School helps its students learn how to make money in the financial markets.
Participation in the Millionaire School program will help you evaluate your strengths and weaknesses and more adequately understand your level of preparation for conducting real transactions. The quiz gives you the opportunity to try yourself in action. Plus, the excitement of the game helps participants improve their knowledge on the topic and try to become the best in their field.
But on the other hand, many people are not very happy with the fact that the school provides only the basics and offers to attend only 10 classes, and then sends the graduate off to “free swimming.” Negative feedback There is a lot about school; you have to make the decision yourself.
Trader School is a special section on our website that contains a knowledge base that will be useful to every trader, regardless of his level of training.
Why is it important to study?
In binary options, education plays a fundamental role in a trader's life. I understand that advertising will say that trading is easy, that you don’t need anything special to do it, but the reality is that without training it is impossible to trade profitably. For this purpose, the school of a successful trader was created, where you can get basic information about the market and ask your questions to more experienced traders via comments.
What to study?
You should start learning with the basics. All of them are concentrated in the “Binary Options” section. There are articles on a wide variety of topics, but they are all united by a concentration around the basic elements of binary options. Each article is a separate brick, and together they will allow you to build a good building from which you can move on.
During webinars and other classes, I often ask traders what they think is the basis of profitable performance. In response, I get a lot of options - analytics, financial reports, the ability to predict, and so on. And almost no one talks about psychology. This is a strange misconception of the majority that psychology is not important. People are sure that the school currency trader begins with studying analytical articles and watching countless videos on trading strategies. At the same time, they completely forget that only a psychologically prepared trader can make money.
There are 3 components of successful trading: psychology, money management, strategy. And this is exactly the sequence. Therefore, training should be approached accordingly.
What to study
The trader school is very multifaceted. At the initial stage, attention should be paid to studying the following blocks:
- Psychology of trading. Studying your own perception of trading and the ability to manage this perception.
- Underlying assets. Each asset is unique in its own way: it has its own principles of construction, its own response factors, and so on. All this needs to be taken into account.
- Technical analysis. Studying charts of currency pair quotes in order to identify patterns and subsequently make money on these patterns.
- Fundamental analysis. Studying the basic principles of asset price behavior depending on real economic situations.
- Regulators. We work in trading with brokers and it is important to understand how and how these brokers are controlled in order to know how protected we are.
- General information. How the market works, what controls it, why prices change, when is the best time to trade - all this is important, and the trader must answer all these questions.
- Webinars. Our portal regularly conducts webinars in which we discuss the basics of the market, the principles of conducting analytical research, patterns in the operation of indicators, and so on. All webinars are conducted in real time and are then available at the trading school, and are also posted in the form of recordings.
You can ask your questions about the work and content of the School of Traders section and feedback about this section in the comments to this article. Try to formulate questions clearly and completely so that we can give you the answer you need and help you find the information you need at this moment.
A fairly common question from those who are just planning to get into trading and investing: is there any trading school and where can one get an initial education? The good thing about this question is that people understand that for a successful trader, education and knowledge are of paramount importance.
Let’s say right away that yes, such schools exist. Of course, these are not government educational institutions, but commercial ones, opened either by experienced investors who are ready to share their knowledge, or by businessmen who want to profit from newcomers.
In this article, we will try to figure out what offers are on the Russian market, which school to apply to, and how to start your education as a trader in the Forex or market valuable papers.
Education
Investments and trading differ from other professions in that there are no educational criteria. Simply put, you do not need a diploma in order to invest your finances somewhere, or to open an account with a Forex broker.
But higher education can seriously help you. Especially if you graduated from an economics institute. Everything is simple here: in good economic universities, subjects such as finance, economic theory, banking, taxation, accounting and others. Plus, further study the legislative framework on these issues. Of course, laws change quickly and it is better to have a familiar lawyer who has his finger on the pulse. But a basic understanding of the laws of the economic sector will be useful to you.
Understanding what the market is, what drives it and how the process of international finance flows will be an excellent background. If you are very young and are on the fence about choosing a university, we can recommend you specialties such as financier or economist. This is also true for those who want to get a second diploma.
The key factor here is that you really have to absorb the knowledge, plus read the super program materials. And not just sit and wait for the diploma, as happens in a huge number of cases.
Commercial schools
Starting to talk about commercial schools, I want to say that you should first figure out for yourself what you want to study; to do this, read our training section, which has collected more than 100 popular ones, absolutely free of charge.
If you are ripe for rapid growth and profit, then first we will determine that there are commercial trading schools, usually they are courses that include either offline seminars or online webinars, that is, online lectures, via Skype and other communication programs. Among other things, a good teacher gives not only theory and personal experience, but also basic practice.
For example, he will work with you on a demo account, or provide another interactive experience. Also, many educational courses include the ability to download special programs. These are strategies, online courses, books, other text and video materials. They trade everything now: currency pairs, stocks, futures. On the wave of popularity, they began to trade cryptocurrency and participate in ICOs.
Good specialists also conduct pre-trading briefings with their students. This is a discussion of the future working day, before it opens. Usually they make some forecasts here, tell you what to expect from the day, what tools are best to use, and so on. Quite an important part of the process, since every trader conducts a similar briefing every morning, only with himself.
In Russia this market is extremely large. But most of these educational programs are outright rubbish. We can highlight several schools that have positive reviews and reputation among traders.
Training from Broker
Let's take a familiar broker as an example; VTB 24 is not only a commercial bank, but also a brokerage firm. And its brokerage division offers not only intermediary and management services, but also training.
Perhaps, at first glance, this is one of the most interesting options, which you can get in the current educational market in this direction. The firm offers a package that includes topical books recommended by a team of traders. There is a virtual one, which gives you the opportunity to practice without risking your own capital. And a whole series of detailed video lessons from brokerage department specialists.
It is noteworthy that this is provided completely free of charge. That is, all you have to do is register and start training. For a complete beginner, this is a good option. There are, of course, disadvantages. Firstly, there is no individual approach. There is no teacher who will control you and explain mistakes. Secondly, you will have to spend a lot of time absorbing information from the library and video lessons.
But, It is important to understand that the broker is interested in the volume of your completed transactions, well, everything is not clear top scores in your trading, trade more, pour more.
Popular schools
The list is as follows:
- School of trading by Alexander Purnov. Quite popular courses, the main concept is based on Wyckoff. This is a method for using VSA in your work. With the proper approach, it is a completely successful and universal strategy.
- Phoenix Trading. The preparatory program includes not only the theory and practice of working with the terminal and analysis, but also the so-called “Club”. That is, active mutual cooperation of students, collective efforts, communication through instant messengers, a forum, personal acquaintances, and so on.
- A – Lab. The company has its own dealing center in Krasnodar. Both individual and group training are provided. Remotely, or offline, if you have the opportunity to visit the office. Quite a varied approach. Options for further employment are offered.
- Courses by Dmitry Mikhnov, Nikolai Solabuto, Roman Erin. Pretty good personal seminars from experienced traders. Transfer of experience and basic training is a good recipe to start with.
Cons of school
But despite the presence of multiple schools and even good training, there is one drawback - discrete strategies. by the way is the only reason, according to which many “stars” of education remain afloat. Their strategies cannot be tested.
Those. speaking in simple language trade as you see it, they are unlikely to tell you initially that in order to apply the strategies you have learned you need at least 5 years of experience.
And another problem with discrete approaches is that if there are 100 people studying in a group, then the results for the entire group will be different, again the reason is subjectivity. And you will never be able to understand whether the strategy is not working or you are misunderstanding something. From there comes self-flagellation and the illusion that once you understand it, here it is – profit.
Of course, you should not engage in self-deception. There is only one way out - mechanical trading strategies. But there is one problem - for example, I have 9 years of trading experience and in my entire life I know only 3 mechanical approaches that work, and this despite the fact that one of the strategies is mine.
In any case, you can familiarize yourself with and get any of them on my project
By continuing to use our site, you consent to the processing of cookies, user data (location information; device type; IP address) for the purpose of site operation, retargeting and statistical research and surveys. If you do not want to use cookies, please change your browser settings.
VTB Bank (PJSC) (VTB Bank). General license of the Bank of Russia No. 1000. License of a professional participant in the securities market to carry out brokerage activities No. 040–06492–100000, issued: 03/25/2003. Information about VTB Bank was included in the unified register of investment advisers by decision of the Bank of Russia dated 12/24/2018.
Further
1. The contents of the site and any pages of the site (the “Site”) are for informational purposes only. The site is not and should not be considered an offer by VTB Bank to buy or sell any financial instruments or provide services to any person. The information on the Site cannot be considered as a recommendation to invest funds, as well as guarantees or promises of future investment returns.
Nothing in the information or materials presented on the Site constitutes or should be construed as individual investment recommendations and/or the intention of VTB Bank to provide investment advisory services, except on the basis of agreements concluded between the Bank and clients. Information on financial instruments and transactions with them, including investment ideas, which contains universal and publicly available information, has been prepared for wide range persons (including all clients or part of clients of a certain category, potential clients) is provided impersonally not on the basis of an investment consulting agreement, is not and should not be regarded by recipients of this information as an individual investment recommendation. VTB Bank cannot guarantee that the financial instruments, products and services described on the Site are suitable for all persons who have read such materials and/or correspond to their investment profile. Financial instruments mentioned in the information materials of the Site may also be intended exclusively for qualified investors. VTB Bank is not responsible for financial or other consequences that may arise as a result of your decisions regarding financial instruments, products and services presented in information materials.
2. Before using any service or purchasing a financial instrument or investment product, you must independently assess the economic risks and benefits of the service and/or product, tax, legal, accounting consequences of concluding a transaction when using a specific service, or before purchasing a specific financial instrument or investment product, its willingness and ability to accept such risks. When making investment decisions, you should not rely on the opinions expressed on the Site, but should conduct your own analysis of the financial position of the issuer and all risks associated with investing in financial instruments.
Neither past experience nor financial success does not guarantee or determine that others will obtain the same results in the future. The value or income from any investments mentioned on the Site may change and/or be affected by changes in market conditions, including interest rates.
This document does not disclose all risks and does not contain complete information about the client’s costs in connection with the conclusion, execution and termination of contracts and transactions with financial instruments.
VTB Bank does not guarantee the profitability of investments, investment activities or financial instruments. Before making an investment, you must carefully read the conditions and/or documents that govern the procedure for its implementation. Before purchasing financial instruments, you must carefully read the terms and conditions of their circulation.
3. No financial instruments, products or services mentioned on the Site are offered for sale or are being sold in any jurisdiction where such activity would be contrary to securities laws or other local laws and regulations or would obligate VTB Bank comply with the registration requirement in such jurisdiction. In particular, we would like to inform you that a number of states have introduced a regime of restrictive measures that prohibit residents of the relevant states from acquiring (assisting in the acquisition) of debt instruments issued by VTB Bank. VTB Bank invites you to make sure that you have the right to invest in the financial instruments, products or services mentioned in the information materials. Thus, VTB Bank cannot be held liable in any form if you violate the prohibitions applicable to you in any jurisdiction.
The information on the Site is intended for distribution only within the territory of Russian Federation and is not intended for distribution in other countries, including the UK, countries of the European Union, the USA and Singapore, as well as citizens and residents of these countries located in the Russian Federation. VTB Bank does not offer Financial services and financial products for citizens and residents of European Union countries.
4. All figures and calculations on the Site are provided without any obligation and solely as an example of financial parameters.
5. This Site does not constitute advice and is not intended to provide advice on legal, accounting, investment or tax matters and the contents of the Site should not be relied upon in this regard.
6. VTB Bank makes reasonable efforts to obtain information from, in its opinion, reliable sources. However, VTB Bank makes no representations that the information or estimates contained in information material contained on the Site are true, accurate or complete. Any information presented in the materials of the Site may be changed at any time without prior notice. Any information and assessments provided on the Site do not constitute conditions of any transaction, including potential ones.
7. VTB Bank draws the attention of investors who are individuals to the fact that cash transferred to VTB Bank as part of brokerage services are not subject to the Federal Law of December 23, 2003. No. 177-FZ “On deposit insurance individuals in banks of the Russian Federation."
8. VTB Bank hereby informs you of the possible existence of a conflict of interest when offering financial instruments considered on the Site. A conflict of interest arises in the following cases: (i) VTB Bank is the issuer of one or more financial instruments in question (the recipient of the benefit from the distribution of financial instruments) and a member of a group of persons of VTB Bank (hereinafter referred to as the group member) simultaneously provides brokerage services and/or trust management services (ii) a group member represents the interests of several persons simultaneously when providing them with brokerage, consulting or other services and/or (iii) a group member has his own interest in carrying out transactions with a financial instrument and simultaneously provides brokerage, consulting services and/or (iv) the group member of the group, acting in the interests of third parties or the interests of another group member, maintains prices, demand, supply and (or) trading volume in securities and other financial instruments, including acting as a market maker. Moreover, group members may have and will continue to have contractual relationships for the provision of brokerage, custody and other professional services with persons other than investors, and (i) group members may receive information of interest to investors and participants the groups have no obligation to investors to disclose such information or use it in fulfilling their obligations; (ii) the conditions for the provision of services and the amount of remuneration of group members for the provision of such services to third parties may differ from the conditions and amount of remuneration provided for investors. When resolving emerging conflicts of interest, VTB Bank is primarily guided by the interests of its clients.
9. Any logos other than the logos of VTB Bank, if any are shown in the materials of the Site, are used solely for informational purposes and are not intended to mislead clients about the nature and specifics of the services provided by VTB Bank, or to obtain additional benefits through the use of such logos , as well as promoting goods or services of the copyright holders of such logos, or damaging their business reputation.
10. The terms and provisions contained in the materials of the Site should be interpreted solely in the context of the relevant transactions and operations and/or securities and/or financial instruments and may not completely correspond to the meanings defined by the legislation of the Russian Federation or other applicable legislation.
11. VTB Bank does not warrant that the operation of the Site or any content will be uninterrupted or error-free, that defects will be corrected, or that the servers from which this information is provided will be protected from viruses, Trojan horses, worms, software bombs or similar items or processes or other harmful components.
12. Any expressions of opinions, estimates and forecasts on the site are the opinions of the authors as of the date of writing. They do not necessarily reflect the views of VTB Bank and are subject to change at any time without prior notice.
All rights to the information presented belong to VTB Bank. This information may not be reproduced, transmitted or distributed without the prior written permission of VTB Bank. VTB Bank is not responsible for any losses (direct or indirect), including actual damage and lost profits, arising in connection with the use of information on the Site, for the inability to use the Site or any products, services or content purchased, received or stored on the Site . collapse
Mastering the profession of a trader without special training is not an easy task. Self-education can take many years. And the number of mistakes made and losses resulting from them often forces beginners to give up without reaching the goal. Therefore, it is not surprising that serious beginners choose professional courses for training. Why is this preferable? Here are just a few reasons.
Firstly, in professional courses, a trader receives information sequentially, according to a special program. This helps to avoid gaps in learning and speeds up the process of learning new information.
Secondly, this format disciplines and helps to study regularly and conscientiously, and not occasionally.
Thirdly, such courses have a perfectly balanced theoretical and practical part. Thanks to this, traders enter the market prepared for its realities.
So, the benefits of special courses are obvious. But which ones to choose and where to learn trading in Moscow?
at the Alexander Purnov school: advantages
If you enter the phrase “trading courses in Moscow” into the search bar of your browser, you will see a large number of various offers. The vast majority will be focused on training for Forex trading. Is this bad?
No, however, it is important to remember that the Forex market is very dangerous waters for beginners. There is a lack of legal regulation, which has created fertile ground for fraud, especially among brokers. In addition, it is quite difficult to predict the behavior of currency pair quotes without experience. And trade CFD contracts with leverage.
For this reason, most courses focused on Forex trading are useless. Or almost useless for a trader who wants to master the basic principles of stock trading.
The courses of the Alexander Purnov School are tailored specifically to trading stock exchange MICEX. This is an important advantage. Because at such courses a trader is taught to trade stocks, futures, currency pairs and commodities in calmer, safer and more understandable exchange trading conditions.
Now a little historical background. The Alexander Purnov School of Trading was founded in 2013 by a successful and practicing stock speculator. It is noteworthy that he still practices. Which means that school students always receive information that works and is tested in practice.
During the existence of the school, over 2,500 people have already completed training. Most of them continue to trade and earn money on the stock exchange. Some former students also become teachers at the trading school. And they even develop and improve the original methods of the course founder.
From the range of educational materials, you can choose courses for beginners, programs for more experienced traders, as well as the format of live webinars, and even special closed events at the international level.
The best option for a beginner would be the “Get Started!” course. It is designed in such a way as to quickly and effectively immerse the trader in the trading atmosphere. And teach you to understand the basic principles of the market. The course is designed in such a way as to help a beginner not only master the theory, but also learn to apply skills in practice, using a conscious approach and his own intelligence.
As a result of completing the course, the trader will be able to:
- earn your first real money on the stock exchange;
- navigate the market and understand why the price moves one way or another;
- have a realistic view of trading and make thoughtful trades;
- Over time, reach a stable high income.
A conscientious and careful approach to choosing a training format will pay off doubly. Therefore, choose high-quality and practical ones - this is how you invest in your stable financial future.
More articles like this are available by subscribing to our blog.