 This course is on index and ETF trading. You may be coming from any walk of life So some of you may be in retail some of you may be in technology or finance or energy and You probably know your industry well So you know people generally tend to gravitate towards stocks that they know and understand and and there's a good reason for that Because they understand the companies and that's a very good reason. You need to understand the companies that you're dealing with But sometimes Even if you're dealing with companies that you know, you do get some surprises The company may be involved in a lawsuit They might be some other kind of bad news or something happened in their factory in China or If you're with any of the energy companies, you're always worried about some kind of an oil spill somewhere Which will tank your stock Even if you deal with companies that you know, there are always these Uncertainties of all kinds and if you're if your stock or if your company gets caught up in that kind of a mess Then the stock is subjected to severe volatility. The price the price is crash and things like that So you don't have to always deal in stocks. If you've never dealt with ETFs and indexes before I want to tell you these instruments are fantastic because they give you instant diversification So you can buy ETFs that have a certain sector. So let's say you're coming from the technology Industry you have a technology ETF if you're coming from finance, you have a finance ETF if you're coming from energy You have an energy ETF. So rather than take a single company exposure into some of these Stocks you would go into the ETF itself and look at the options on the ETFs now all these major ETFs have Fantastic liquidity. So you don't need to worry about whether you're selecting something that nobody is going to be interested in or anything These most of these sector ETFs and the major index ETFs trade in millions of shares per day So you don't have to worry about liquidity and ETFs are the equivalent of mutual funds So just like mutual funds ETFs are instantly diversified So if you're coming from technology, for example, the technology ETF is going to have Investments into like a hundred different technology companies and some of them will be the big ones You'll have the apples and the googles and the yahoo's and all of that inside that ETF So you're dealing with very big large companies. You're dealing with a certain diversification that's designed and built into the instrument itself and that of course reduces volatility Because you're not exposed to company specific news company specific activities the company specific earnings reports and things like that