Why Teaching Trading Works Well When It Comes to Technical Analysis

Trading the markets is one thing, but it’s quite a different experience to add teaching into the equation. Not everyone is cut out to be both a trader and a teacher, as they require two very unique skill sets. Many traders use their instinct or intuition when trading, but that’s not easy to teach. However, technical analysis, which is full of rules and relies on common, repeating patterns, can be taught.

In many ways, teaching the rules of trading is no different than teaching anything else. Teachers must learn the source material and figure out ways to pass on that information as efficiently and effectively as possible.

Using Time Wisely

Stories about a teacher’s trading life are all well and good, but that can’t be the bulk of any  lesson. Students come to learn about a specific subject, so it’s best that teachers not stray off track too often. Remember, time is important for students as well, so it’s probably best not to waste it with personal stories, no matter how interesting they might be.

Explain & Explain Again

Teaching how to trade successfully on the markets can be complicated, and it’s likely that a student’s knowledge about the markets is a mixed bag: some will be experts at trading, others will be beginners.  That means teachers might have to repeat certain points until the information really sinks in.

Be Passionate

Matt Choi, who established Certus Trading in 2011, teaches courses on a number of market-related topics, including futures, forex, commodities and options. He says he’s passionate about trading and loves seeing other people succeed. He also explains that he only takes students who have a “winning” mindset: “I want someone who is responsible, who is accountable for their own actions because those traits are hard to teach,” he says. “I don’t want people who are constantly making excuses, and that’s why the majority of my clients have become very good traders themselves. Some are even trading much bigger accounts than me now, which is fantastic.”

By sharing his knowledge, Choi says he gets the satisfaction of knowing that his trading style works.

“At the same time, I get to change peoples’ lives and help them achieve their dreams simply by teaching my passion, so, why not share? I love getting to know my clients.”

Matt Choi says when he first started Certus Trading, it was all business, teaching his students strategies and how to trade. However, as he got to know his students on a personal level, the teaching became much more rewarding and fulfilling.

“It’s no longer just about trading, it’s about my mission to help my students become the best that they can be so that they can in turn, pay it forward, and help those around them who need help. This has been extremely gratifying and rewarding and that’s why I have no problem sharing my knowledge with other people.”

Take Time

Choi’s attitude may be different than other traders, some of whom are out only to make a quick buck. For students, it’s best to avoid traders who promise unrealistic returns based on just a few hours of lessons. Like everything else worth learning, technical trading takes time to master. Put in that time with a well-respected teacher and trader, and you’re well on your way to success.