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Quote from Pension_Admin: "I am a newbie, but I don't believe we require a mentor in order to achieve success in trading". "Qwerty, I already feel that I am in debt to you for your insight from your postings on price action and how you explain it with charts and metaphor--battle between...

Quote from: Pension_Admin The bottom line is, with or without a paid mentor, a trader is not going to be any better off. Most will fall into the 99% either they paid a mentor or not. So, why bother with a paid mentor? Let the onslaught begin. ____________________________ Quote...

But a person that decides to mentor for peanuts is somehow NOT EXEMPT from being able to mentor a student even if he is not a profitable trader, it only applies to a mentor that requires compensation, that really is what you're saying Pension_Admin, do you work for free? are you inclined or do...

A trading mentor expects for the student to apply what he is learning otherwise the mentor is not likely to expend great energy and time and thus conclude that his interest is not being served anymore Pension_Admin, if the student is an emotional wreck day after day, week after week, month after...

Ah, again the mentor that is compensated for his time is under intense fire, spending countless hours and days to weeks and months to longer toiling away showing the ropes to a student, to only receive a pat on the back for his efforts is a good thing, while the mentor that does it for free is...

A mentor is not under obligation to reveal to a student whether it's his main source of income, other than providing competent guidance, if the student finds the mentor's guidance to be insightful then there is an agreement between both parties, if the student finds that the mentor is...

Just because a mentor is charging someone or barters his services does not insinuate that a newbie is being taken advantage of Pension_Admin, are we to conclude that a newbie trader for example, that receives guidance for an extended period, meaning months to years is entitled to receive that...

Ah, ha that's more like it, you make a distinction this time, unlike like those who do not make a distinction when it does not serve their interest, whether a mentor is compensated or not Pension_Admin, a mentor can be immensely beneficial as some have stated repeatedly through out Elite...

Pension_Admin 09-18-09 06:12 PM Qwerty, I already feel that I am in debt to you for your insight from your postings on price action and how you explain it with charts and metaphor--battle between bulls and bears. Your mentorship is much appreciated, but I really would not know how I...

Let me guess BPtrader, you never did work closely with a mentor, correct? I'm sure i can help eliminate the confusion you have with these markets, but it's probably of little consolation at this point, right? You're not under obligation to respond, It's probably embarrassing.

Quote from: SteveH silk, Always take a reasonable stop-loss or you'll never make it in this business. No exceptions. ______________________________ I agree, either a trader is supremely confident, incredibly ignorant or he has deep pockets when he allows a loser to run, take...

Quote from: PortlandTrader Those "who can" do, those "who can't", teach! Why would any successful trader need to train and charge someone for income?? ______________________________ So if a successful pilot elected to teach or instruct a flight student, why should he not charge...

Quote from Pension_Admin: Thank you for offering your help. I understand that trading is a personal journey, so I will continue this journey alone. ______________________________ Ah, ha, so a loyalty to principle at the cost of a trading career, I get it, so that must be your angle...

Quote from Pension_Admin: Last confession: I accept the fact that I am horrible at trading. I will now only trade when there is a strong trend. This will be my very last attempt before I quit. ______________________________ I get the impression that you're hell bent on failing just...

Quote from TheBestGuruEver: "Look at me world, I am some clown on ET and I will prove I can beat the guru idiots that try to SELL crap!! Don't buy anything from them, you can get better FREE stuff from this site, like great swing trades." but we can go with the first quote. no biggie. LOL...

Quote from TheBestGuruEver: Selling ES at 1049 and stop at 1069 ________________________________ Assertive but not necessarily astute, let me guess, it must be because you're seeking your 15 minutes of fame, right? "Look at me world, I'm so smart, I'm without blemish", right...

Quote from: FredBloggs but what accont size does he have, and how often does he trade? this will determine his cost of execution. the reason most beginners 'fail' isnt because they are on the wrong side, but because their transaction costs. the smaller you are, the more vig you...

You're correct mounafia, apparently the dreamer is you, so you're incompetent. I know of a trader that has been successful for years trading forex & it's very doubtful that he believes that forex is one big scam.

Quote from danmb280, when I wrote about "teach me", I was actually thinking that nobody would reply to it as opposed to a bunch of people with little to offer. Successful people have little time and my approach was to be as little of a commitment as possible. I'm not pessimistic at all...

i see your point in that if you were to introduce the statement: "teach me", a multitude of bad apples would be willing, able & surely more than eager to exploit this situation. If you espouse the optimist point of view, then you would view these many replies as an opportunity to possibly...