Looking to hire mentor: $1k
- Thread starter Im Bullish
- Start date
Good luck with your search.
For the amount of time you are requesting, it figures to be less than $8/hr.
Lurk for 1 week (40 hrs)
Support for 2 weeks (80 hrs)
And it keeps going down as you figure you probably demand more than 3 weeks of mentorship. You wouldn't even take that offer if it was offered to you.
For the amount of time you are requesting, it figures to be less than $8/hr.
Lurk for 1 week (40 hrs)
Support for 2 weeks (80 hrs)
And it keeps going down as you figure you probably demand more than 3 weeks of mentorship. You wouldn't even take that offer if it was offered to you.
HAHAHAHHAHA!!
I prefer the MAGIC
I prefer the MAGIC
Just out of curiousity, How long did it take you to go through the $18K you mentioned in a different thread? What types of strategies were you using? What training/research have you received?
I have been trading since May 2005 with a prop firm. I think I was down about $3K in trading at the end of '05. I've seen lots of traders come and go, some seemed to have what it takes but were underfunded, others just thought it would be easy and when it wasn't they got out. Then there were the guys that simply had no business putting their $$ at risk.
BTW, I lost much more in 2006, a large portion on one idiotic trade. 2007, pretty close to a breakeven again, was grinding out a few thousand a month for most of the year, and then gave it all back during the late summer/fall.
Not sure where I'm going with all this, but I think you would do well to go over your trading history, find out what went wrong and why. Before you continue to trade, try to figure out how you got to where you are today. $18 grand is a lot of money to lose in the market, unless you have a lot more where that came from.
I have been trading since May 2005 with a prop firm. I think I was down about $3K in trading at the end of '05. I've seen lots of traders come and go, some seemed to have what it takes but were underfunded, others just thought it would be easy and when it wasn't they got out. Then there were the guys that simply had no business putting their $$ at risk.
BTW, I lost much more in 2006, a large portion on one idiotic trade. 2007, pretty close to a breakeven again, was grinding out a few thousand a month for most of the year, and then gave it all back during the late summer/fall.
Not sure where I'm going with all this, but I think you would do well to go over your trading history, find out what went wrong and why. Before you continue to trade, try to figure out how you got to where you are today. $18 grand is a lot of money to lose in the market, unless you have a lot more where that came from.
Just to add to my thoughts from the last post. Just about every trader loses $$ when they start out. Consider it part of your tuition cost.
Its up to you to decide how expensive you want your tuition cost to be (and I'm not talking about your $1000 offer).
I am in the camp that says paper trading is not as effective as having real money at risk. It doesn't need to be a lot, but some.
Whether you succeed or fail depends on you. Its not what you do when you are right that will make or break you. It is what you do when you are wrong.
What you do when you are wrong is something that is difficult for a mentor to teach. It is really about you and your temperament.
BTW, another good source of inspiration and possible information is the Trader P/L. Browse through, there are a few guys that have posted there that are consistent $$ makers. Not saying they will be willing to mentor you, but it doesn't cost a dime to do a search for their other posts, maybe you will get a few pearls of wisdom and general information about successful ways to approach trading.
Its up to you to decide how expensive you want your tuition cost to be (and I'm not talking about your $1000 offer).
I am in the camp that says paper trading is not as effective as having real money at risk. It doesn't need to be a lot, but some.
Whether you succeed or fail depends on you. Its not what you do when you are right that will make or break you. It is what you do when you are wrong.
What you do when you are wrong is something that is difficult for a mentor to teach. It is really about you and your temperament.
BTW, another good source of inspiration and possible information is the Trader P/L. Browse through, there are a few guys that have posted there that are consistent $$ makers. Not saying they will be willing to mentor you, but it doesn't cost a dime to do a search for their other posts, maybe you will get a few pearls of wisdom and general information about successful ways to approach trading.