I m looking for a mentor

[padutrader]

That may be true; however if you can't make money in sim your chances of making money in real time is nil.

I consider myself a successful trader and I've never blown up an account. Of course I've lost money but never enough to put myself out of business.

I don't like losing money so i do every thing in my power to avoid it.

you are a great trader...but i think,IMO, you will be a very bad teacher

 

[padutrader]

Respect to all the gurus and experts traders and novice like me

I have been been trading off an on on different trading sites and losing money and I really want to trade future but I don't know how to stay profitable.
Would someone be so kind enough to mentor me so i can learn the basis of trading?

you need to know when the market is ranging and when it is trending.

that is what you should be asking not how to trade.


when is the market ranging and when is it trending......but there are also various DEGREES of trending and of ranging. you have to be right about this degree or strength of the market conditions...you have severe trending as you have severe ranging and all the degrees in between.

each requires a strategy but it is critical you recognize them

 

[deaddog]

you are a great trader...but i think,IMO, you will be a very bad teacher

More than likely.

I've attempted to help a couple posters here but they didn't want to do any work. When someone asks for help I offer to review their trading plan and that's usually the end of the conversation.

 

[padutrader]

have documented proof income.

this will prove that he is good trader but NOT that he is good teacher

 

[padutrader]

More than likely.

I've attempted to help a couple posters here but they didn't want to do any work. When someone asks for help I offer to review their trading plan and that's usually the end of the conversation.

i had a student who asked a thousand questions.....

i could answer them all because i had lost in all those situations

answered them all and became profitable myself.

i now know how ridiculously DIFFICULT it is to be profitable

i am now trading all kinds of market conditions.

we do not question what we ourselves are doing and the REASONS for doing that:and so we lose

 

[padutrader]

learning to trade is hell...i know it... i have lived through hell for 13 years.

but with a smile kept my eye on the goal: HEAVEN

but this is the best advice i have seen:

https://www.scoopwhoop.com/inothernews/arjunas-bird-eye-test-teachings/

 

[padutrader]

always trade technicals......... forget targets......i want to be that sort of trader .....a chameleon.... i do not want to buy and hold...... that is why i lost money for 13 years.......to learn to be a Darwin trader...one that adapts too his environment...and not get killed like the dinosaurs

yeah yeah....i do not want to get a point ...i can only see the bird's eye

 

[p0box4]

no all of you are .

there is only way to learn trading and that is by making mistakes.

that is i continue posting here my failures.

it is the small names that do not admit it.

and mock those who admit to losses

a good mentor knows how to correct others mistakes because THEY HAVE MADE ALLL THEM.

a talented trader will only laugh at the mistakes others make but cannot help them ...because he has not been there.

that is why a trader who has been profitable all his life will be the worst person to teach someone else.

and oh yeah....i am not getting the point!!!!!!!!!!!!!!!!!!

Indeed, you are NOT getting the point.

This was never about being profitable or not, IT'S ABOUT YOU LYING ABOUT IT.

 

[p0box4]

Besides, i would never trust a mentor that has learned nothing from his own mistakes for 30 years. How can anyone that doesn't realize what his own mistakes are and even after 30 years makes the same mistakes, blow out an account almost every day, be the best mentor out there.

You don't have a winning mentality, you have a fairy tail mentality.

I am not saying traders can't learn anything from you, you can add some value, but only when the topic is about how not to do it ...

 

[p0box4]

anyone will tell you making money in sim does not mean you will make money in live.

your stops will never be taken out in sim.......nobody is gunning for your ass.

but i would say that if you do not make money in sim..... you do not have a chance of making money in live.

no trader has ever gone profitable without losing money in live.



all the big names have gone on record saying how long they lost money before getting profitable.

it is the small names that do not admit it.

and mock those who admit to losses

Trust me, i have made plenty of mistakes in my trading career.

After some small account failures i believed i was ready for the real deal, so i funded an account with $20K. 2 months later the account was at $32k and yet a few months later the account was close to $0 ...

The difference between me and you? I have learned something from it and became a better trader because of it. I still make mistakes every now and then, but not without recognizing them when i analyze myself and my strategy, when i am being critical for myself and my performance.

Not without recognizing them and do something about it. If i where like you and just kept making the same mistakes over and over again, i would still be where you are, where i was when i lost the $32k.

The problem with you is even if every single person in the world would tell you what you should be doing, what you are doing wrong, that you need to change something to be successful, ... You would still believe they are all wrong, you would still think you know best and things will turn around, and exactly that is your problem and the main reason why you will never succeed.

You have been blowing up again and again for 30 years and still don't see a problem there ... You keep making the same mistakes over and over again but expect a different outcome this time. That is like watching a movie you have seen 10 times before but expect this time the ending will be different, even when you know that's impossible.

A good mentor also should know about making money in the markets, what to do to prevent from going back to the mistakes you made in the past, what to do to protect your gains, how to scale your account once you start growing your balance, how to handle the difficulties that come mentally with increasing size, how to overcome a losing streak without going back to those old day mistakes, ...

You might know how difficult it is to become profitable, but you know nothing of the above since you have never been there.