I know a lot of you want to either come to me for class room training or want me to visit their city for class room training.
I can understand why many people want it.
Here are a few reasons they told me:
1. They want to see me. It is strange, do you make money seeing me? If no then why you want to see me?
2. They want to ask questions face to face. This is fine but what is the difference between asking questions on email, mobile or whatsapp? It is the same. What is more important is the quality of the answer not the way the answer is delivered.
3. They have a feeling that they will learn more in class room training. History is proof that many students have failed in class room training and many students have excelled in distance education. Do you know a lot of highly paid executives do distance education MBA from reputed institutions? They earn money while they do their MBA. It is just that they take three years to complete MBA, compared to two years who do it full time.
Almost all Universities in the world give distance education. Do they not get students? They do. Do all the distance education students fail in exams? No. The pass percentage is same as the students who attend classes.
4. Quality of education. Now this is the most important part.
“What You Learn Is More Important Than How You Got That Education”
It is a myth that class room teaching quality is better than distance teaching.
I have never attended a single class room trading training class. All my teachings and research came from books and online magazines on stock markets. I do not even watch YouTube videos on stock trading.
When you buy a book do you tell the author you will only buy his book if he teaches you face to face?
It is strange that when it comes to learning to trade stocks, people ask for class room training.
Assuming that I take class room teaching, then will the quality of what you learn be better? No. You will learn the same thing that you learn from what I teach you by sending the strategies to your email.
Then there is support for months. In that case you will have to stay in the class room for months. Is that possible?
Here is an email I received form a person doing PhD but wanted to do my course in class room:
Hi Dilip,
I want to take class room training on derivatives but would only need class room training. I know getting class room training is not feasible due to time conflict but we can work on the timing. Reason for class room training is I am doing PhD in derivative, and I have so many question which I think will be only answer in class room training.
I have done sufficient self study & read 100s of research paper on derivatives so that why doing this derivative training on email will not make sense to my problem for which I am trying to get an answer via class room training.
Thanks,
Name Withheld
My reply:
Hi,
Bang on 🙂
Not a single PHD done graduate doing research on derivatives made lots of money trading derivatives. 🙂 I mean in the history of stock markets.
Is Warren Buffett PhD in stock markets? Or what about Rakesh Jhunjhunwala?
Options trading is NOT a research subject – here logic is more important than research. Option may be a research subject, Option trading is NOT.
Sorry no class room training I take. For 5000 that’s not feasible.
Dilip
His reply will surprise you:
I took PhD out of passion for the derivative topic. Till now I have not traded in stocks or derivatives.
I totally agree with you that no single PhD done graduate made money trading stock markets, but I am sure who made it somewhere PhD must be attach in term of advice or strategy.
I am business analyst and it will help me in my day to day work.
Thanks
Name Withheld
Did you see a person doing PhD in derivatives NEVER traded in option, future or equity?
Then what is the point of doing research in stock markets if you cannot trade yourself and make money?
This is the reason I do not do class room teaching.
You must be more interested in whether you will be able to make money after doing my course. If the answer is YES, then it does not matter how the course is conducted.
If you feel it will help you then do it. If you can read my blog and understand, then what makes you think that you will read my course and will not understand?
If you trade in options and know English you can do my course.
After this email was sent I got an instant reply from one of my free subscribers:
With due respect to you sir this is the dumbest email ever all time I have received. Historically it is proven that a person grasps a higher understanding and retention amount in a class room with a teacher to face him in a conducive ambience. True universities now offer online courses. But even today these degrees have no value when applying for a job. Have you ever tried? Top universities from IIT, IIM, to Ivy League – still run their core classes in a class room Sir, and don’t argue and cry like your points you have made.
May be many people think that way therefore they ask me for a face to face class room trading class. But we are humans and our views may differ.
This was my reply:
I agree with you, but my experiences are different.
Here are my qualifications:
MA (Master of Arts) in English – Distance Education.
MBA (Master of Business Administration) – Distance Education.
Most of my higher education were Distance Education.
Now coming to this site and the course I provide:
All the knowledge I acquired on stock & derivative trading – Distance Education.
Articles I write in my site – Distance Education.
You are reading my emails – hey 14,500+ people read my emails everyday for free – Distance Education.
100% 100+ Testimonials in my site – Distance Education.
Ok fine since for you Distance Education is dumb, then I am willing to give you a face to face class.
Now tell me what you will pay me?
Please note that Distance Education is cheaper than face to face education.
Eagerly awaiting your reply.
I don’t think he will reply. But if he does I will update here.
In short do not expect face to face trading class room teaching to be possible with such a low fee of Rs. 5000. I know many stock trading face to face classes room teaching being conducted In India. The minimum charge is Rs. 22,000.00, going up to Rs. 1 Lakh+. Compare it to my course fees, then decide you still want Face to Face Class Room teaching or Distance Education?
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Comments on this entry are closed.
Sir, what ever guidelines given by you to your subscribers, are free from greed and without showing any big dreams, risk free and fully technically measured steps are advised by you.
Thanks Ashok