Forex trading Course – Background
The best Forex trading course for beginners ever was probably given by Richard Dennnis. In 1983, he recruited and trained 13 people as the illustrious ‘Prince of the Pit’. Â Among them were a few professional card players, an accountant and a postman. None of them had any background or experience in forex trading.
The reason for the recruitment was a discussion with his friend and fellow trader William Eckhardt. Dennism insisted that he could learn anyone to trade successfully on the exchange. The outcome was a bet like in the movie Trading Places: two rich men who test their theory on unsuspecting souls, for the symbolic sum of $ 1.
The 13 unsuspecting souls -who later became known as’ The Turtles’- deserved a stunning $ 100 million in 4 years. The secret? Dennis gave his ‘turtles’ a two week during course, taught them a relatively simple Forex trading strategy and above all the confidence and discipline to act accordingly. These were all the necessities the 13 complete beginners needed, to become some of the best Forex traders of all time.
This was their recipe for success:
- Knowledge on the subject
- A good strategy
If they can, why not you?