**Almost in Tears** Need Mentor for Futures Market.

[Bullz n Bearz]

Quote from JimmyJam:

You still trading BnB?

Or are you sitting by the telephone, waiting for your mentor to call? (good luck with that one).

BTW, your thread has given my such good laughs I almost got in trouble at my suck-ass night job.

You still got the touch.

JJ

Hey buddy, let me prove your statement wrong for a sec.
I have a mentor working with me as we speak. No, I don't trade anymore as I have taken up a job paper trading and testing new strategies. I only have about $600 in my account now, all I can say is, I'm going start making some real wise decisions on where to properly allocate my money and how much of it i will use per trade. my answer is 1 contract with a tight stop. target profit per day = $50
i will also be setting daily price targets while watching the everlasting fight between the bulls and the bears..

god bless, thanks for the support. i will never back down from this, naysayers

 

[Cy_M]

Quote from Bullz n Bearz:

Hey buddy, let me prove your statement wrong for a sec.
I have a mentor working with me as we speak. No, I don't trade anymore as I have taken up a job paper trading and testing new strategies. I only have about $600 in my account now, all I can say is, I'm going start making some real wise decisions on where to properly allocate my money and how much of it i will use per trade. my answer is 1 contract with a tight stop. target profit per day = $50
i will also be setting daily price targets while watching the everlasting fight between the bulls and the bears..

god bless, thanks for the support. i will never back down from this, naysayers

If you really mean the above and abide by it, then congratulations it all worked out just fine for you and you have benefited a lot from the lesson and the experience.
wish you the best with maintaining your discipline and your mentor seems to have got you on the right track already.
Cy

 

[BoyBrutus]

Quote from Bullz n Bearz:

Hey buddy, let me prove your statement wrong for a sec.
I have a mentor working with me as we speak. No, I don't trade anymore as I have taken up a job paper trading and testing new strategies. I only have about $600 in my account now, all I can say is, I'm going start making some real wise decisions on where to properly allocate my money and how much of it i will use per trade. my answer is 1 contract with a tight stop. target profit per day = $50
i will also be setting daily price targets while watching the everlasting fight between the bulls and the bears..

god bless, thanks for the support. i will never back down from this, naysayers

What happened to a) watching the market b) sim trading consistently. Any losses on the sim can be given to your mentor.

Baby steps buddy, oh and make sure your mentor is not a sim trader as well

 

[hanzahar]

Quote from Triple X:

Why are you trading 3 lots? 1 lot until you are consistant!

so you trying to say someone can surivive with a 1.5k account daytrading/scalping the DOM?

 

[hanzahar]

Quote from version77:

Whatever... Opinions are like assholes. They all stink!...

BTW... What country are you in that is so much better?

country where there's no such thing as MS13

 

[Triple X]

Quote from hanzahar:

so you trying to say someone can surivive with a 1.5k account daytrading/scalping the DOM?

Well, he started with 5K or so. If he had been trading 1 lot, he'd still have 4K not 500.

 

[Trader KGB]

Quote from coolweb:


Tons of 15 year olds making $20k a month

Other than those two kids in TX making 6 figures a night playing online poker, where are all the others you claim are making $20k/month?

 

[version77]

Quote from hanzahar:

country where there's no such thing as MS13

They are setting up shop where you are living as we speak.

Beware.

 

[SunTree]

Soap opera.

Gentlemen, I have something to share. I think BnB is a dishonest whiner. I had a thread, with similar topic, I was looking for mentor, although w/o tears. Guess, who wanted to mentor me? BnB!

My claims can be backed up by mods, I have all private messages. I post this not to gain popularity, nor out of jealousy. Full story:

Mentor here
Hi, I run a pretty profitable one man futures trading business out of my home and am willing to take you under my wing during the weeks I trade futures. I trade Emini Euro FX and mini crude quite profitable. I see the guys ragging on you in your thread, nobody deserves to be beraded like that. anyway, if you want, i can help, pm back.
-bnb investments

I knew he is a not for real (he also has some posts on another message board under same alias, can be googled ), and recommended him to get lost after several of his PMs:

SunTree wrote on 05-28-07 02:39 AM:
ok, you are persistent fella:
you have 0 credibility with me and I don't trust you or your services

is that clear? you should pick a bit greener guys for your part time venture...
and I don't wish you good luck cause you are in no position to mentor... you will only hurt people..don't wish you a bad lack as well...just go on on your way

peace

For which he lashed out at me:

Excuse me? You are a rude son of a bitch and you need to learn a little respect when you talk to members who are trying to assist you. Just to let you know, I do trade quite profitable and you can go learn from some ebook or someone else who will most likely not dedicate their 100% focus and time to you. You're truly no better than any of the dicks that post on this msg board who flame people. You sound like a real inferior little boy and I definatly hope you lose all that money your daddy gave to you because you talk like a scumbag.
Later chump.

Then I saw 2 of his threads. My response: "Huh?". So I wrote following to teach him a lesson and scare him a bit (I did not plan to make anything public).

Re: remember our little talk?

SunTree wrote on 07-01-07 08:20 PM:
you pretending to be a mentor and me politely telling you to get lost?
you lushing at me?

what to do with you now? those people responding to you can be honest people with integrity. do you, having no integrity, deserve their support and attention ?

His response:

huh? are you harrassing another ET member? if so, please go away. i don't know who you are.

Another lie. What an idiot. At this point I decided to break the news.

 

[jagmot]

BnB

My first piece of advice *IF* you want to keep on trading: be adequately capitalized. To trade 1 ES contract you need a minimum of $5,000. I suggest $7,500.

Second piece of advice is patience in trading. You posted 172 trades (86 round). If your all in cost to trade was $3 per side, you would need to make $516 just to break even. I don't make that many trades in 1 week.

Last advice - stop thinking that trading is going to make you *Super* rich. I've been trading for just over 7 years, and only this past year have I traded full time. The first 5 years I had a 40 hour work week, then I worked part time, and now trade full time. Am I millionaire? No and quite far from it, (hopefully someday). But what trading does for me now is let me earn a decent living, be my own boss, and have a flexible schedule to travel, go to the beach, see more of my family and friends.