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Looking to put together a forex/commodity course, need help?!

by Newbieee
5 replies
Any experienced traders or marketers who has experience promoting trading products??


I recently was thinking of putting together a lesson to teach on forex/commodity trading after some success with it. Have been playing around the financial markets for around 2 years. Together with IM as well but i have nv promoted a trading product, let alone put together a course or product.

Would like to hear some experience here and advice?

Im expecting discussions to touch on this few points.

- legal side [actually my only concern is this! :p]
1. Are disclaimers enough?
2. Do i need to register a company or can i just share a strategy to a limited few and earn a small profit from it without using a company?

Thats all i can think of now.
I dont intend for this to be a big thing like setting up a really big course or trading school or trading tips company etc.
Its just sharing a small strategy, so its something like a side line, not something in the long run or my main "job" or income.

Thanks in advance guys!
#forex or commodity #put
  • Profile picture of the author Newbieee
    no one?
    any one?
    =D
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    • Profile picture of the author Alexa Smith
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      Originally Posted by Newbieee View Post

      no one?
      any one?
      =D
      Both the specific questions you've asked above need either a lawyer or an accountant to answer them reliably and safely, not an "experienced trader", and not "someone experienced at promoting trading products". And this forum isn't a very good place to ask for or to take legal/accounting advice, and the correct advice on such issues tends to vary a great deal according to your location, as well - and you haven't even said in which country you live.

      I'm quite an experienced trader (of forex), and quite an experienced marketer (full-time for 4+ years), but I can't answer either of them.

      "Just saying".
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  • Profile picture of the author Newbieee
    Hey there Alexa !

    thanks for stopping by. =)

    Yea, i kind of knew that and expected someone to say this.I know its a wise advice though. haha =) But i just wanted to hear some opinions and stuff. Not really going to just go 100% by forums when it comes to legal stuff.

    But just wanna hear some people out. With a pinch of salt.
    I kinda move around.
    I travel alot.
    Thus its kinda complicated when it comes to my location. lol !
    I mean if i am from down under and i go to the states and register a company there and launch this under the company name, i know i have to follow the US laws.
    But if i didnt do it under a company name. ?

    =)

    Of cos if theres too much trouble i'll just forget about this and concentrate on my own stuff rather than teaching ppl how to do it. haha
    Just tot of maybe sharing abit of my strategy.. =)

    **btw sexy profile pix u got there! just saying. hehe
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by Newbieee View Post

      I mean if i am from down under and i go to the states and register a company there and launch this under the company name, i know i have to follow the US laws.
      But if i didnt do it under a company name. ?
      My guess is that you more or less have to keep to US laws/reulatory processes anyway, in addition to any applying in your own country, because effectively all the services on which we depend (domain registration, some hosting, autoresponders, most affiliate networks and so on) have more or less enshrined them into their own terms of service anyway? Not universally, granted. But to some extent.

      The FTC, as we saw with their removal of all those ".com" poker sites in 2010, all hosted "offshore", have jurisdiction (and effective physical control) over all top-level international domains.

      I suppose one could come up with a product, register a non-TLD domain and have the hosting outside US jurisdiction, and perhaps sell it through "Clicksure" (Chinese - they seem to accept many products which ClickBank, Plimus, 2Checkout and others won't touch for legal/regulatory reasons). But then one would still (perhaps? - I'm not sure) have to depend on PayPal to get paid? In which case the regulations are all still effectively there.

      In general, I think it's safe to say that US law/regulations are beginning to be difficult for all of us to fail to comply with and still be successful marketers? Big (and quite interesting) subject.

      Apologies: I'm only "rambling" and "thinking aloud", and have little helpful to say, here.
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      • Profile picture of the author Newbieee
        Alexa, trust me.
        You have been a great help with what little u have.

        My big question in my head is exactly what u have pointed out.
        Eventually, we're gonna have to use paypal as 1 of our payment method and the problem starts. lol.

        Appreciate your input !
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