Free Mentoring

Quote from Brandonf:

Just a quick update here. I orginally made the offer to mentor I think three people. For the last year, year and a half close to half of my posts on ET have been smart ass, snarky crap in the Poltical and Chitchat threads that are really of no value to anyone. So, given that I kinda figured Id be lucky to have 10 people reply and it would be pretty easy to pick 3 out of that group. In actuality I've had over well 100 requests to be in the group, and I really can't think of a way to pick who is worthy out of 100 people. There are some people, such as those who are still in college who I want them to finish that, the second biggest regret of my life is not getting my degree when I could have and should have, and I don't want to see others make that mistake. All of you who are in college and still wanting to do this when your done, you can contact me @ that point if your still interested. I'd suggest trying to get a job in NY on the street though, in which case you really wont need me.

So anyway, now to the heart of the matter. I just really can't pick who to say yes or no too. That does not mean that once the mentoring starts up if I think your a fool I wont kick you out, I did that to plenty of paying clients in the past who I thought were wasting both their time and mine, but initially I'm going to give everyone a chance. That leaves the issue of finding an appropriate forum to do this. I might break it up into three of four groups so that the quality of the group does not slide downhill, and also to make it easier to accomadate various scheduals that people have. I'm going to get ahold of some people @ different brokerage firms etc and see what they might be able to work out for me. The mentoring is definatly going to happen unless I'm struck dead by lightening, which aint likely because I hardly ever get out of the house :)

Anyway, I'm going to be looking for a format to present the program in, and hopefully find a sponsor for it as well. If I don't find a sponsor we will figure something out.

This weekend I'm going to go visit my grandmother. She's been pretty sick with heart, lung and diabities issues for the last several years. Each time winter rolls around we all figure it'll be the end of her, but she's still hanging on. At any rate, I talked to her this morning and she's having a rare moment where she feels very good and healthy, I also feel the same myself, so I'm going to take the opportunity to go see her, probably be back Sunday afternoon after she drags me to church.

I want to make it clear that this is not a part of a commercial product on my part. I have nothing to sell unless you qualify to invest with me. All of your info will stay with me, there will not be a sales pitch (coz as I said I have nothing at all to sell).

I'll post again on Sunday
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I think iam worthy, but didnt see the post until you already picked everyone. I have a full time job helping people and some of them in your situation some of them in your grandma's situation. Of course i get paid to do it. but Me being a very generous guy give all the hard earned money back to the market. well anyways iam determined to learn as much as i can about markets and get my money back with interest
 
Quote from Brandonf:


So anyway, now to the heart of the matter. I just really can't pick who to say yes or no too. That does not mean that once the mentoring starts up if I think your a fool I wont kick you out, I did that to plenty of paying clients in the past who I thought were wasting both their time and mine, but initially I'm going to give everyone a chance. That leaves the issue of finding an appropriate forum to do this.
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Hello Brandon;

If you are going to teach a method, why not do it right here on ET? It sounds like more than just a few are interested in what you have to offer.

There is obviously a great interest in what you are proposing. I have seen a couple very good threads recently, where the OP showed how they traded step by step.

This is my method, here’s what works for me, any questions.

You are proposing a method of swing trading rather than day trading so up to the minute info shouldn’t be necessary.

If you get flamed you can always look for another forum. If your method works I can’t see why you’d get flamed.

K.I.S.S

The health things a bummer. All the best to you.

Boib
 
Quote from Boib:

Hello Brandon;

If you are going to teach a method, why not do it right here on ET? It sounds like more than just a few are interested in what you have to offer.

There is obviously a great interest in what you are proposing. I have seen a couple very good threads recently, where the OP showed how they traded step by step.

This is my method, here’s what works for me, any questions.

You are proposing a method of swing trading rather than day trading so up to the minute info shouldn’t be necessary.

If you get flamed you can always look for another forum. If your method works I can’t see why you’d get flamed.

K.I.S.S

The health things a bummer. All the best to you.

Boib
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It depends on the method and the teaching approach.

First of all, too many traders get mentoring and sharing a method mixed up as if they are the same.

They are not the same.

What is being taught here at ET in reference to many education threads where a OP has shared the details of his/her method step by step is NOT MENTORING.

Mentoring is much more involved and gets into many things that goes beyond an entry or exit signal.

Further, you need the right environment for mentoring and ET is not the right environment for such.

Simply, Brandon taking this elsewhere in an environment he has much more control is the appropriate thing to do.

Regardless, both types (mentoring and sharing a strategy) are useful especially if the teacher has good communication skills, patience and the good resources for such.

Anyways, Brandon can better explain how this is different than just starting a thread here at ET to share a method from entry to exit.

Mark
 
<i>"Anyway, I'm going to be looking for a format to present the program in, and hopefully find a sponsor for it as well. If I don't find a sponsor we will figure something out."</i>

HotComm is what you need. There isn't even a distant second when it comes to functions and customer service. The cost per person is cheap... any student who chooses not to afford such a trivial monthly stipend in exchange for professional education is part of the natural deselection process you seek.

fwiw Brandon, my girlfriend's mother just discovered a small malignant lump that's being treated next week. Another friend of mine just recovered from double mastectomy at 40yrs, her identical twin sister endured breast cancer twice in early 30s.

I know of one other guy who had a similar affliction as yours. Be grateful it wasn't testicular or penile cancer and partial removal was your only choice. Worst-case, chest implants are an option for you. Word of warning... don't go with D-size :eek:

The other male cancers would be much worse. Count your blessings, and everyone here looks forward to hearing from you for decades to come :D
 
brand, for u and your families sake, if you do this it should be secondary to your personal life,u may hire an editor or secretary to take the load off of u, that should be one of the requirements of the first person u choose, this role will allow u to set out and finish what u are attempting, and u might ask et to let u censor whomever u wish to keep the forum short and productive, good luck and remember your health and family are first
 
health first,yes, but at the same time.... sometimes people find greater personal power in the healing process if they empower themselves by doing something good for others,it can light a fire in their better self and make the healing process work better.
.....as long as you dont let yourself get exhausted in your work.....
(I sent you a PM...hope you got it ok)
Thomas
 
Quote from Brandonf:



The mentoring is definatly going to happen unless I'm struck dead by lightening, which aint likely because I hardly ever get out of the house :)

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Well that kinda of explains a lot doesn't it ?

You spend a lot of times at home and maybe you feel like talking to some people so that your day might be more plesasant and entertaining.

I guess I am playing the devil's advocate, but I must say I find all this thread silly and funny at the same time.

Here is a little warning for all the many students thirsty of financial knowledge.

1) If one makes a lot of money in the market one wouldn't really mentor unless he/she is paid a little something, right? After all time is money. If your time has no value then most likely what you teach has no value either.

2 ) The other part is that at least 100 people "applied" to be students. My guess is that 9 out of 10 people do not have money to invest. Because if they did...they would pay for mentorship or advice from a reliable source instead of looking at internet blogs.

What is a reliable source ?

For a student/investor it would be to have money and time to invest, I am talking about $ 50.000 - $ 100.000 to start. If you have only the time so sorry, you do not qualify. How can a lumberjack/carpenter make a chair with no wood ?

For a mentor it would be a track record of 3-5 years that shows how the mentor makes money and manage his/her risk in a consistent way.

In my opinion, what you see here are people with a lot of extra time in their hands, starting with the ones who have a lot of posts under their profile, 300 or more.

One says " I am a mentor " the other one replies " I am a student ". Lets' go, how wonderful !

One of the main strategies I use is to sell naked puts and calls. My account is capitalized enough to apply such strategy. Not only I make a good living, but my chances of making money every goddam month are pretty high.

I do have a track record, maybe I should be a mentor ! I am not. I am just trading my own capital, I am not a market wizard either, but I am doing much better than most, I guess I am just a guy having fun in the market. I do not have a 9 to 5 job, I am not a daytrader, but I am a full time trader, this is all I do.

By selling options one collects a little premium from the buyers. Often I feel like I am stealing candies from kids.

Most of you ( the 100 applicants ) are the kids I steal candies from. You got to be as naive as kids to really think that you are about to find the solution to all your financial problems.

The ironic thing is that you'll probably think that I am just talking crazy and most likely you'll never wake up from your dreams.

Nothing is free in life, especially in the market there is no free lunch not even a good mentor.

I have a mentor and I pay him $ 2000 every month. I can tell you that he is worth every dollar.

So go for it if you want, but keep it real and take your free mentorship with a grain of salt or two...

Good Luck to you all, do not bother reply to my post because I won't waste any more time on this. I only hope that you understand what I am trying to tell you.
 
<i>"Good Luck to you all, do not bother reply to my post because I won't waste any more time on this. I only hope that you understand what I am trying to tell you."</i>

Good luck to you, too.

Truth is, I've met you thru the years about several hundred times already. No, not you personally. But you the trader.

Selling premium is the toughest game of all, bar none. Yes you'll make gol'dam money every month, month after month. Until one month where you don't. Regardless of capitalization, there will come a month in every premium seller's career that wipes out a year or more previous efforts.

Then and only then is the seller tested under fire. How will you respond? Shrug off 16 months of prior gains lost in one event and continue as always? Double or triple down trying to make it back sooner than 18 months from now back to high water mark?

You needn't respond to this, it won't make any difference. Only time will teach the lessons noted above. I personally know premium sellers who took modest accounts to seven and in one case eight figures, all of them with zero exceptions gave it all back eventually.

Making the premium is like taking candy from babies. Keeping it until you (willfully) retire from trading is like kidnapping young three grizzly cubs from there awakening mother bear.

Possible, but extremely tenuous
 
Quote from guy990opl:


1) If one makes a lot of money in the market one wouldn't really mentor unless he/she is paid a little something, right? After all time is money. If your time has no value then most likely what you teach has no value either.
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It depends on how you measure your wealth. Most do it in financial terms but some do it in terms of making a difference in the life of others.

The satisfaction of having someone thank you for helping them cannot be measured in dollars.
 
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