Are there any Trading Educators that work?

barkingcat,

You mentioned that you found 3 reputable trader/trainers who charge next to nothing.

Would you mind sharing their names/info with the rest of us? :)

thanks.
 
Taking that logic, Pristine trader can't be trading and making money.

Because he teaches?

That is the logic here. The moment you teach, it proves you are a bum.

So poor Pristine must be a bum?

Or is he/she a great teacher?

Charges next to nothing?

If Pristine doubled the fee then does his or her trading performance go down? It does not make sense.

I don't buy the learn trading on your own. If anyone believes the market is a cheap educator of new traders then that is a true dream land.

I still exchange ideas with the people who helped train me. And I have trained with a few of the top traders in the world.

Because they trained me for a fee did that make them poor traders? So did Jack Schwager lie when he chose some of the world class traders who also teach for his Market Wizards book?

It is sad when people assume because they can't do something or they are not as talented as someone else then the "someone else" must have some terrible faults.

It took me years to reach the level I am at, with market experience and paying for mentors. Even after I did not instantly turn my "paid education" into instant profits, I did not rip one of my teachers.

I blamed myself.

And I got back to work.

Am I acerbic?

Tough minded?

Stubborn?

Nasty?

Yep.

But not to everyone.

My clients, friends and relatives mostly think I am great.

My enemies and competition all wish my airplane crashes on its next takeoff. They wish my cancer will come back and kill me.

Not everyone laughs when they find out they have cancer. I did 6 years ago.

I told the doctors at Johns Hopkins, "fuck cancer" LOL

And I meant it. It did not bother me one bit.

That is what made me a decent trader, not some magic chart or indicator.

That is what I hope to instill in my clients. The will to win, to put aside a bad trading day. To come back and kick ass.

Every one of my clients will come back here on ET and get happily hated.

That is my goal.

And I don't know the exact "baby needs shoes or new shoes" line. I made my point and being exact about some bullshit line does not turn me on.

Successfully,

Alex L. Wasilewski
Co-Founder & Head Trader
Trades That Work
www.puretick.com
1-877-GOLONG1 ( 1-877-465-6641 )
 
But Jscott,

The argument here is that ANYONE who teaches is a loser at the so-called thing they are trying to teach.

Regardless of when you attended the top-ten University, if I were stupid enough to be jealous of your education and lamely say:

"Ha, you are a newbie loser. You attended such and such University. They are all losers there because they can't make it as _________ (fill in your area of expertise.)

Do you buy that argument or not?

I would assume not.

Would you tell someone else to go to your University or forget it and just read a couple of good books on the subject?

My last student (private mentoring) was a former Olympic athlete. The subject of coaching and training obviously came up a lot. Trust me, winners do not look to "do it their way" and not listen to those "know it all coaches."

I realize all the newbies out there think "trading is easy."

You buy you sell. What can be hard about that. Who needs a coach? This is not football.

Well this athlete gave me an education on the value of a coach in (of all things) swimming. Now you would think, who needs a coach to tell you how to swim. Just jump in the water and swim.

Each day try to go faster.

There. That is it.

Why pay a stupid coach to tell you to go faster?

Well if you people do not know the reason you will never know. And your trading will suffer.

Ya don't believe me.

Wait until tomorrow.

Successfully,

Alex L. Wasilewski
Co-Founder & Head Trader
Trades That Work
www.puretick.com
1-877-GOLONG1 ( 1-877-465-6641 )
 
Quote from barkingcat99:

Yes, I totally agree NihabaAshi.

I understand completely that as a Trader you must treat every second trading as a business. I guess I was just trying to make a distiction between Traders (who operate trading businesses) and trading 'educators' who run businesses.

Thanks again almost everyone,

BC
More...

Hi barkingcat99,

I actually understood what you meant.

I was intentionally being a little sarcastic (not personally attacking you) to ensure that others reading your post understood that as traders we must treat our trading like a business for tax purposes, improve our bottom line results, improve networking or collaboration so that the end result is that we open the doorway to other possible opportunities related to trading or not related to trading.

Heck, I had a big appointment the other day with my tax accountant and learned how to save about 18k in taxes via combining my 3 businesses (trading, website and darkroom photography) under one entity. :cool:

Mark
 
Personally I believe any vendor should be able to produce their trading blotters (actual trading records) to be credible.

If all they're doing is talking without PROOF (eg IB statement screencaps etc) of their personal trading success, then I'd avoid them.

That's my 'show me the money' challenge that I'll be bringing in front of the industry moving forward (at my trading expo talks, online, all the new ads I'll be publishing in trade magazines this year and beyond, etc)... -- nobody should trust a vendor unless they can show documented PROOF of their real, recent actual trades, and that they're successful, eg net profitable.

Vendors *without* blotters/proof of their actual ability to trade live real accounts profitably = snakeoil.

Make them show you their Schedule D/(or IB etc statement) that proves they're net profitable as a trader.

Am I wrong in thinking this should be a new required standard of competency for trading vendors, eg at LEAST show me you're a profitable trader? Sound off..


-ken
 
Been a bit busy with new business launches;

New clients.

Calhoun is absolutely correct.

If a "so-called guru can not show "indesputable" positive results, they should not be trusted.

We at Puretick are right up front with our results.

We can't possibly hide with

OH last week we called a bottom; last year we called a top.

Results should be posted immediately.

A trading room should make no ambiguity when making trading decisions.

Every single room member must know when a trade is called.

That is what we have done at Puretick since we started in November 2006.

We will continue that policy.

Successfully,

Alex L. Wasilewski
Co-Founder & Head Trader
Trades That Work
www.puretick.com
1-877-GOLONG1 ( 1-877-465-6641 )
 
Been a bit busy with new business launches;

New clients.

Calhoun is absolutely correct.

If a "so-called guru can not show "indesputable" positive results, they should not be trusted.

We at Puretick are right up front with our results.

We can't possibly hide with

OH last week we called a bottom; last year we called a top.

Results should be posted immediately.

A trading room should make no ambiguity when making trading decisions.

Every single room member must know when a trade is called.

That is what we have done at Puretick since we started in November 2006.

We will continue that policy.


Your policy as stated on the website is to post calls made by you and your students, none of which have been verified as live trades taken in a cash account.

This is no different than buying Boardwalk or Park Place playing Monopoly by Parker Bros.

PukeTick, a ruse if there ever was one.
 
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