Every day, people worldwide read, watch, or listen to the news to stay up to date on everything from their favorite celebrity to their preferred political candidate. However, in an age when the Internet is frequently used as the primary source of information, people are more likely than ever to come across and share fake news, fake information, and fake statistics.
A recent study conducted on behalf of the Centre for International Governance Innovation (CIGI) between December 21, 2018, and February 10, 2019, revealed that 86% of internet users had been duped by fake information.
Zack Morris, Co-Founder of Atlas Trading, says that these numbers are pretty concerning, as he believes that the independent traders who mainly trade online also use the Internet to find the information and knowledge that will help them hone their trading skills.
Morris is a highly successful trader and self-made millionaire, but he was in the same spot as millions of new traders are today a few years ago. “The times haven’t changed much since I started trading four years ago,” he says. “Besides reading business news, financial articles, and stock market books, I heavily relied on Internet tutorials to learn how not to lose money trading.”
Morris believes that new traders often take for granted that what they find on the Internet is truthful and reliable, and because of that, their trading careers often end even before they make their first trade. Furthermore, as data from Betterment and research company Market Cube reports, particularly during the last few years, more and more people have flocked to day trading with the dream of becoming financially independent in a short period of time. With this, especially, in mind, Zack Morris points out that the importance of a reliable source of trading information has never been greater.
“One of the most common errors that novice traders make is chasing hot tips and placing bets they don’t understand,” he says. “What’s worse, they occasionally hire a ‘trading guru,’ who then makes illogical buy-and-sell decisions on their behalf, which is a recipe for disaster.”
With that in mind, he joined PJ Matlock and created Atlas Trading — an online chatroom where traders from all over the world can share their strategies and experience.
“Atlas Trading was created with one goal in mind — to provide free access to invaluable trading information and educational content,” Morris explains. “It is a community where anyone can share their experience and seek guidance, as well as a place for any trader to learn how to succeed.”
However, he points out that success doesn’t come overnight but that trading is a great opportunity for those looking to earn their financial freedom and that Atlas Trading can help them in their endeavors.
“I believe that trading should not be restricted to a handful of individuals,” he says. “That is why I am willing to assist anyone interested in trading in learning how to become a successful trader and assisting them in realizing their dreams of wealth and financial independence.”