Diploma in Financial Trading - Independent College Dublin

Zascar

http://www.independentcolleges.ie/news/diploma-in-financial-trading-2
http://www.independentcolleges.ie/faculty-of-business/diploma-in-financial-trading

Does anyone know anything about this course? I've been on the lookout for something formal to teach me the fundamentals of investing and trading.

Any thoughts?

greyark

In same position myself. It seems a bit on the pricey side. There is also a shorter 4 week introduction course at the college. Interesting to hear from anyone who has completed either.

daithi7

Investing or Trading? there is a big difference you know.

Trading is a zero sum game, so if 50% of traders are up that means 50% are also down on any one day. In fact when you add in costs and other factors such as bank proprietary trading, etc,etc,etc, its nigh on impossible for a trader to make money over any time period. The dice is stacked against it.

Investing on the other hand, is an entirely different discipline where you are looking for the optimum way(s) to access an asset class so that you may benefit from its returns over the medium to long term i.e. 5+years.

If its investing education you're looking for then I'd advise enrolling in Rory Gillen's next 1 day seminar and do your finances a favour www.Gillenmarkets.com

simongurnick

daithi7 wrote: »

Investing or Trading? there is a big difference you know.

Trading is a zero sum game, so if 50% of traders are up that means 50% are also down on any one day. In fact when you add in costs and other factors such as bank proprietary trading, etc,etc,etc, its nigh on impossible for a trader to make money over any time period. The dice is stacked against it.

Investing on the other hand, is an entirely different discipline where you are looking for the optimum way(s) to access an asset class so that you may benefit from its returns over the medium to long term i.e. 5+years.

If its investing education you're looking for then I'd advise enrolling in Rory Gillen's next 1 day seminar and do your finances a favour www.Gillenmarkets.com

Would disagree with the synopsis on "trading" above. A disciplined approach to technical analysis can be very effective.

MICKDX1

simongurnick wrote: »

Would disagree with the synopsis on "trading" above. A disciplined approach to technical analysis can be very effective.

I'd agree with above the odds are stacked against the short term trader ,investing is lessor of two evils ,look at warren buffet.

Michael Henchard

MICKDX1 wrote: »

I'd agree with above the odds are stacked against the short term trader ,investing is lessor of two evils ,look at warren buffet.

That's brilliant. Yes, let's look at the best professional investor of all time when assessing whether this chap should take a 4 week course in trading. Real apples with apples stuff there. What if for a trader we took George Soros? Obviously equally fair. I'm sure this guy can aspire to the sort of returns those two have made. Oh no wait, trading is hard so he can probably only aim to take down the Oracle.

And trading is not a zero sum game, you are missing a key component - timeframe. Not every trade has a winner and a loser.

Trading is very hard. You need a decent grasp of mathematics, probabilities, economics, market history and most importantly (imo) sentiment. That's why it pays the big bucks. People shouldn't put this guy off learning about something he has an interest in because of their own biases / ignorance / capability. You never know he might be the next George Soros.

OP if you want to know a little more about trading and / or investing let me know and I can recommend a few books / blogs to get you started. I haven't done any of those courses but there are often cheap ones at colleges etc which teach you the basics.

arrowloopboy

daithi7 wrote: »

Investing or Trading? there is a big difference you know.

Trading is a zero sum game, so if 50% of traders are up that means 50% are also down on any one day. In fact when you add in costs and other factors such as bank proprietary trading, etc,etc,etc, its nigh on impossible for a trader to make money over any time period. The dice is stacked against it.

Investing on the other hand, is an entirely different discipline where you are looking for the optimum way(s) to access an asset class so that you may benefit from its returns over the medium to long term i.e. 5+years.

If its investing education you're looking for then I'd advise enrolling in Rory Gillen's next 1 day seminar and do your finances a favour www.Gillenmarkets.com

Just to say I think your assessment of trading above is bullsh1t !

odd1

Is that course sill running?

Bateman

As far as I know this course started in February, not sure when it’ll start up again.

I did a free pilot with them a few years ago while they were fleshing out the structure of this course and I’d recommend them, they know what they’re talking about, they are full-time traders themselves, or at least they were at the time I took their classes.