Apiary Fund Blog

Strengths and Weaknesses of Learning To Trade Online

[fa icon="calendar"] Aug 23, 2016 4:38:00 PM / by Aspen Lucas

Aspen Lucas

One of our favorite things about the Apiary Community is how diverse it is; we have traders from all walks of life and from all over the world learning to trade online. We interact with our traders through online chat rooms and classes, but the highlight of teaching, to us, are Apiary Summits where we are able to meet and work with our traders face to face. So the question is, is learning online or in a physical classroom better? What are the strengths and weaknesses of learning to trade online?

Strengths Of Learning Online:

 

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-Anytime

The worry of missing a class is greatly reduced when the information is always there. It doesn’t matter if it’s 8:00 in the morning or 10:00 at night, we are able to just log on and learn.

-Anyplace

We’re not restricted to one classroom; we can study from home, the local college, or even our favorite coffee shop.

-Reflection & Research at own pace

Sometimes we zone out during a lecture or don’t understand a concept in a lesson. If we can easily access the same information, then we're in luck. We can rewind, rewatch, or re-read a topic without the class leaving us behind. We’re aloud to discover what we want at our own pace in whatever direction our curiosity takes us.

-Student Responsibility

The responsibility and dedication it takes to really learn is entirely in our hands now. The information is there, we just need to put in the time to go and understand it.

 

Weaknesses Of Learning Online:

 

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(Besides the need of equipment and internet)

-Student Responsibility

As stated above, it requires an independent, self-disciplined and self-directed learner. With all of the information we need so easily accessible, we might not dedicate the time or work that learning deserves.

-Monologue, not Dialogue

In a classroom, the teacher presents the information and the students are able to discuss and ask questions; this is called dialogue. Sometimes, when learning online, students miss out on this discussion/questioning stage. We try to combat this by having chat bars in our live classes where traders can ask questions and discuss with the class.

-The Intellectual Community

As we’ve said before about the power of collaboration, face to face interaction is important. When learning online, you might find yourself missing the stimuli of interacting with like-minded students. Being able to learn from the people around us allows us to experience more growth.

It's clear that learning to trade online is a great option; however, there will be disadvantages if you rely solely on the internet. Finding a buddy that you can learn along side with, maybe seeing if you have fellow traders in your area, or even participating in forums or summits will help build that interaction needed when learning to trade. 

 

Happy Trading!

Topics: Trader Development, Trading

Aspen Lucas

Written by Aspen Lucas

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