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To Elite TRADER Members: Imagine you are in pain, someone comes up to you telling you he will fix all your problems, but the very moment you ask him if he he is a doctor/ has a licence to operate and has experience he'll start talking to you about the weather. Like dagnyt suggested there...

Are you saying that you would pick the record of someone else, is that what it takes to be a mentor now ? There is not much to choose either you have a record for the last 3-5 years or you do not. In the end it is still about whatever you can make money or not, everything else is irrilevant...

Any client of yours would probably want to make sure that you have what it takes. If you do not have a performance you can show, don't bother there are 1 M of people like that. You want to mentor and that's noble...I guess, but where is your performance for the last 3-5 years ?

Yes you are right about LTCM however why try to find professional traders in an online forum ? I believe there are better places. By the way I did not really want to help Doug. I just wanted to help the people who reply to him. It is never what it seems. I trade my own money and I am doing...

Thanks to duhmentor for the link. I saw others like it and I know it works that's why I have a dilemma. Trend Trading is about hitting home runs while non directional trading ( options selling ) is about hitting singles. For NoDoji: If you buy options you have to be right in direction...

Hello Pekelo, got your reply, I understand what you say, however I believe that you would not let anyone manage a lot of money, unless they have a track record. Sure there are some good traders here, but why take the risk ? People with over 3000 posts are trolls before they are trader...

Anyone that has a lot of money to invest knows where to go. At the top whatever we talk about health care, real estate, politics, entertainment, finance there is always the same circle of people. Say you have 100 M or more, you talk to hedge fund traders that have ALREADY PROVEN THEMSELVES...

Isn't it nice ? Another example for everyone to see that the more of an irresponsible f#@!head you are the more you get ahead in this society. The problem is when people believe the hype and that is no longer the exception but the norm. No wonder why this country is going down. I hope she...

The shorter the time frame is the harder it is to make money. Ideal would be a few days or a month, but that is still tough, so I am thinking that it could be possible to learn about long term trends. 7-9 months. That is where the big money is made. To make money it takes time. However it is...

How wonderful. HE GOT THE $$$ AND WANTS YOU :) I find absolutely fascinating the amount of views and responses on this thread. It is a fact, there is no free lunch, yet everyone wants one. That's what keeps pro traders in business, despite of the obvious there are a lot of people with...

Finally a normal reply, thank you !

I don't need to work. All I do is trade full time ( not daytrader) Some people can make 100% in a year, but the question is if they can make it often. If I make 100% one year and give it back the next makes no difference does it ? To me is more about survival and consistency BEFORE high...

It is easy to say but all the motivation you have won't be enough to make 100% per year. Personally I do not believe you or anyone can make that kind of return without taking a really big risk, a risk I would never dream to take in the next 100 years. You don't need to prove anything, it is...

I know better than to expect details, I just asked for opinions. About your comment on me being a bad trader I made between 20% and 60% in the last 3 years. I have 3 year experience. And about making 100% in a year good luck to you. It takes a lot of money to make little money. Thank...

I have been trading for 3 years, mostly doing strategic options selling. Semi-directional and non directional ( Naked puts and diagonal spreads ). I know enough about options to keep selling them for the next 10 years. Last year my account was up more than 30% so please don't tell me that all...

I agree, I have no idea what I would do without "investors" with no discipline and a gambler mentality.

pro traders trade in ways that have nothing to do with fundamentals analysis, news and eaRning reports. Their trades are about probability to make money, in other words you must find your edge, if you do not have an edge then you are a gambler. To trade full time, you must have money YOU...

It is not about me and it is not about you either, it is about the person who is going to pay you $ 7500 for sitting two weeks with you in your office. You can talk about "students" and "experience" and "setups" and about finance and trading all day long. One question always stands: CAN...

I am not interested, but your offer is very reasonable as long as... you can show a consistent track record, meaning you can prove and show your prospective students that you have been making money in the last 3-5 years.

Hello, I consider myself a pro trader meaning that I don't have any other job than trading. I have been doing it for 3 years and I have been making money for every year. Last year I was up 30%. No financial book, website or seminar ever told/taught me how to make money. They all gave me a...