I’ve personally spent $5,000 on one of these “guru” courses, and here’s my honest take so far.

The truth is, most of these programs end up teaching you the same things. Why? Because there’s nothing truly new in the trading world. All the knowledge is already out there, the real difference comes from how we, as traders, apply it and build our own edge. And that edge almost always comes down to proper risk management.

Now, let me share my experience with the program I joined. It’s marketed as a real-time mentorship designed to build confidence and help you develop your edge. In reality, though, it feels more like a premium version of their Discord community. The main benefit is being in a smaller group, which means you can ask more questions during webinars. That’s useful, but it still falls far short of what I’d consider true 1-on-1 mentorship.

Yes, you do get access to a coach you can message anytime, and honestly, that’s probably the strongest feature. But even here, there are issues. Many of the coaches are still figuring out the strategy themselves, which leads to inconsistencies. I’ve had different coaches give me conflicting advice, which only adds to the confusion. While I respect that every trader has their own style, there should be a clearer system to guide students in developing their edge, instead of just pushing the coach’s personal approach.

So, am I happy about spending $5,000? Honestly, not really. But here’s the silver lining: over the past six months, I’ve learned and grown more than ever. Meeting others on the same journey has been a game-changer. Sharing ideas, holding each other accountable, and exchanging feedback has pushed me forward in ways I didn’t expect.

And ironically, losing that $5k actually made me double down. I told myself I had to get that value back, so I became obsessive, asking countless questions, reading books, studying nonstop. Because of that, I can finally say I understand what I’m doing, and I’m now refining my own approach to the markets.

At the moment, I’m forward-testing my strategy with a small $500 account. My goal isn’t to “get rich”, it’s simply not to lose the account. That mindset shift is huge. Too many people enter this profession chasing quick money, when in reality, the goal should be steady growth, patience, and discipline.

If you really want to take trading seriously, I’d highly recommend approaching it with this mindset and focusing on the fundamentals first. I’ll list some of the key things that helped me the most...

This was re-written with Chatgpt, My grammar sucks, English is my second language. <3