Thanks for sharing your thoughts
Your welcome, and if you want to post your last 50 losing trades, I will then tell you what I really think!
I do not need to see any of your winning trades!
J_S
Thanks for sharing your thoughts
1. As you may know there are firms in Chicago that require the trader to put up some money and others that are only trying to find talent.
2. No, the traders that I have managed to get funded so far don't even live in the States. One of them barely speaks English.
3. No. I will just require them to keep a journal. They can share it for comments or not, is up to them.

These are my last questions...
Yes, I'm aware of that. Therefore, you suggesting you're working with both types of firms (firms requiring the trader to put up some money and firms that does not have such a requirement) ? I ask because you did not use a "plural" statement in your opening post. In fact, you specifically stated a prop firm in Chicago as if you're talking about one firm only.
If so, does that specific firm you're talking about require a trader to put up funds ?
Ok...so the traders you've managed so far live outside the states and are trading remotely with the prop firm in Chicago and they barely speak English ?
You do realize the connection between someone that can barely speak English with someone that can barely "read" or "write" English...there's a strong connection just in case you didn't know.
Curious how you can verify via only their trade journal that they are ready to be recommended to a prop firm in Chicago considering all the teaching is online without any screen sharing. Does this implies you yourself will "not" be teaching via real money trading and that you will only be doing "demo trading" during the apprenticeship ?
I ask the above about real money trading is because you did mention that such would not occur until after the demo education (6 months to a year). Therefore, considering you did mention real money trading...I'm assuming you're the one that will be doing such (real money trading) in your own trading account.
Will you be doing such while remotely trading with the prop firm in Chicago considering that's basically what you're student will be doing from outside the states...trading remotely with the prop firm in Chicago ?
P.S. English is my 2nd language and many here at ET tells me its horrible and that includes telling me I have a bad writing style that's barely readable.![]()
1. No
2. He can read and write in English
3. You are assuming that in order to learn to trade the student needs to see the teacher trading live but that is not really necessary. From my perspective for all that a person needs to trade correctly is to develop a plan test it and follow it but from my experience people don't know how to do that that's what I am going to teach. I will not teach a trading system nor suggest trades or trading Tips.
Don't let these folks grind you down-- particullarly the verbose canadian who will grind u down just reading that tricky lanquage designed to trap you.
Just go for it and maybe someone will find value.
Good luck!
surf
Here's what I don't get. In the OP you say some kind soul taught you how to trade and you're obligated to pay it forward.1. No
2. He can read and write in English
3. You are assuming that in order to learn to trade the student needs to see the teacher trading live but that is not really necessary. From my perspective for all that a person needs to trade correctly is to develop a plan test it and follow it but from my experience people don't know how to do that that's what I am going to teach. I will not teach a trading system nor suggest trades or trading Tips.
Well, why not just teach the method you're using instead of expecting your students to develop their own, which we all know has a high failure rate
1. No
2. He can read and write in English
3. You are assuming that in order to learn to trade the student needs to see the teacher trading live but that is not really necessary. From my perspective for all that a person needs to trade correctly is to develop a plan test it and follow it but from my experience people don't know how to do that that's what I am going to teach. I will not teach a trading system nor suggest trades or trading Tips.
It's clear you're a discretionary trader. I can teach my mechanical system to a computer or a bright child and they'd both be successful. It's cookbook stuff once a valid systematic plan is laid out. Whenever the necessity of discipline comes up, it's a dead giveaway the trading plan being discussed is discretionary, not mechanical.Because I don't think that Copying someone else's method helps someone to grow as a trader.
And yes the failure rate is huge but those who finally succeed don't have the need of following anyone else for the rest of their lives.
Here's what I don't get. In the OP you say some kind soul taught you how to trade and you're obligated to pay it forward.
Well, why not just teach the method you're using instead of expecting your students to develop their own, which we all know has a high failure rate? 98% in the case of your first class.