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I have been around this site for a couple of years and I do not know realy why, but I would like to give a step by step instruction about building a ‘mechanical’ tradingsystem. I do many things in live, not knowing why so, here it goes: First of all some ‘rules’. I will answer...

First of all, I do not understand why you would tell this in a public form... But here is what I found out: The moment that you have 'figured' it out, so to speak, in regards of making money, that's the moment you will acknowledge that it was not making the money that was the journey, but the...

Okay, I understand what you mean. But let's go a little further then what most people think what you need for being a 'good' trader. Most people think in "tell me what to do, show me how it is done, and I know I will do it in the same way and have succes" but reality is that 'learning' to be a...

No, it does not make sense that they are actually being good in making money. It make more sense if they(the teachers) can 'teach' somebody else to make money in the markets... References means everything, but you must ask the right questions... And a question like 'how much money do you make...

What I mean as a professional in there field is that they are 'good' in what they do, for example teaching and modeling future traders into succesfull traders... It does not mean that they have to be a trader to do just that....

Hmmm, I do not agree that a 'mentor' has to have a track record or even must 'trade'. The best coaches are people that are professionals in there field. You need somebody with 'insight' and outside perspective to make you a 'great' trader and developing others in to great traders are other...

This statement is ridicoules... I don't know Melaluca but I do know Amway because I have an Amway business since 1997. There are many parallels between a trading business and having an mlm business, especially the psychology that you need to excel in both businesses is very much the same...

Holy sh*t, and I have all my money in the Russian Ruble...

Euhmm... Yahoo quotes or msn quotes are not realy that good. It depends what you use, if you for example have an need for a closing price that is correct, then I urge you to compare with a good qoute provider and they do not come free or cheap. Do some research in the quality of the data that...

Worldcom, no wait, this one is a sure win: Enron, yeah i would go for Enron to sell puts...

This guy or girl will be the richest person on ET, if he or she isn't allready if it keeps going in that direction... And I'm not kidding...

1) Do you know what your setups are? 2) Put them on paper. 3) Know, really know your system that you are trading. know the behavior in every market. know the drawdawn you can expect. Get you confidence up by knowing your system. If the problem then still exist: 1) Watch your self in action...

I agree, but there is a next step: the student that makes money...

The whole purpose of a seminar is teaching somebody your knowledge or methodolgy. If your only reason to give seminars is money, then don't do it. Giving an garantee that the teacher will make money is worthless. From my own experience giving seminars , the best salespitch is a garantee that the...

It seems that you have to work on your psychology on risk management instead of seeking an outside 'switch'...

Trading is still working...

+- 5 years to pro. Total cost $125000. (Only on education, never blown up an account.)

I think it depends on your trading methodology. If he or she was in my country I would take the offer. It is not so bad to have someone do all the preparation on your trading instruments.(Selections, printing charts, updating tradelogs, capturing news items on stocks or futures and so on.) It...

Maybe you're asking the wrong question? No 'pro' would look at his/her performance in the terms of 'how much % of capital did I make this month'. It is maybe an end result for the massa to compare, but does this mean that a person with more money and a lesser return in % have done a lesser...

Your mother is a very, very, very, wise woman...