Quote from SlickRick:
Thanks, Mike. But he says here that he will trade his account, I've been looking for a coach for quite a while, and everyone that I've spoken to or checked out doesn't say squat about trading their own account (let me know if someone else does it, I'd like to check them out, URLs please). The guys at Pristine told me that Oliver won't even trade his account, and I would have to go out there to see him. This guy Ramoutar, said he would come to see me. My buddy went to Pristine for a Private Mentorship with a guy who's no longer there, and he paid $3,500 + airfare from Sao Paolo + hotel, etc, etc. He's gotta be trading pretty well to trade his account in front of me, it'd be pretty embarassing if he F'd up in front of me. I'll call him and see what he's going to do. Hell, free hour before I pay, I'll try it. Comments?
Here's an old guy's experience....
1. "Willing to trade his own account" means nothing unless he's making size trades... one-sies mean nothing.
2. He's more likely to show some success in a short period of time (1 week, did you say?) than over a longer period.
a. If he does well trading small over a short period, maybe you're hooked?
b. If he does poorly, he loses little for trading small and you don't get hooked for $20K.
If he's trading his own account and putting several $Million at risk, that could be substantial. Otherwise, short term performance means nothing, no matter how flashy.
The research I did on this guys seems to be on the ball so far. Where can I get more info on David Floyd?