Free Trading Training
CMC Markets are offering a free trading seminar when you open a CFD (contracts for difference) share trading account with them (minimum $1000). CMC say this is their special for the month, but it has been going on since June now…. How do I know you ask? Well because I signed up in June and did the course in July (apparently the 2 day course is worth $3995 an exageration I’m sure).
The course is actually pretty good and well worth doing if your interested in getting into the stock market. The course is run by an american company called Profit Strategies. They also have an Australian Office and Website, but the trainer was shipped in from the US.
The course starts with the basics of technical analysis and works its way up to Elliott Wave theory and Volume spikes. Also included is basics of fundamental analysis and basic money management (very very important). The trainer will give you several trading systems to take away with you, such as the Elliott Wave trades and the Dogs of the Dow and Dogs of the ASX.
As a side note, be prepared for the regular sales pitches that get thrown at you through out the course. First off there is the software they are trying to sell you…. one lot for charting and another lot for fundamentals. The software is actually pretty good if you are in the market for some, but it is quite expensive so be prepaired (in the thousands). The software is made by an Australian company called Hubb. Secondly there are the extra training courses, a couple of which are to show you how to use your new software. They bundle up everything into 3 different packages depending on what you can afford. This is all of course up to you.
So if your after a no risk way to get your self some free training, then this is it. All you have to do is sign up with CMC and give them $1000 to put in your trading account. If your not keen after doing the trading, or you use another broker, just take your money out after… easy 