Mentors and education

Good question, it's about how much is provided for free, to earn trust, vs more comprehensive in depth training & more alerts etc traders pay for.

Like free samples at Costco, or shareware vs full version software :p

For example, over 5k traders have registered for my free Saturday webinars, which cover a few great charts, market updates, eventually many go on to join my live room for daily alerts, training and coaching.

Bonus: all week I'm doing free daily 3:30pm 'closing bell' webinars you can join at https://trademastery.com/ttofree/ to recap today's hot charts like INO etc
Appreciate your comments.
 
However, with all the hacks and failed traders out there pitching their gimmicky trading education systems, indicators and classes it is hard to discover who can be trusted and are legit.
Hello trader2713,

I do not make money trading,., yet. So takes this for what it is worth.

1. DO NOT trade real money until you have 1 year of consistent real sim profits.

2. Whoever you hire, ask to see 5 years of tax trading broker records. Have them screen share into their broker account via skype so you really see they make money. Have them screenshare skype for a week to watch them trade live . Get a 3rd party audit of their trading records.

That is all I can say if you trying to hire a mentor.

Trading course.....you will just have to buy a few to see which ones help you the most. You rather spend money on trading education first. Get educated and practice.

As for me. I am liking Al Brooks Trading Course for now. But who knows, I probably be buying another soon. Cost of tuition, just like a college course.
 
Good question, it's about how much is provided for free, to earn trust, vs more comprehensive in depth training & more alerts etc traders pay for.

Like free samples at Costco, or shareware vs full version software :p

For example, over 5k traders have registered for my free Saturday webinars, which cover a few great charts, market updates, eventually many go on to join my live room for daily alerts, training and coaching.

Bonus: all week I'm doing free daily 3:30pm 'closing bell' webinars you can join at https://trademastery.com/ttofree/ to recap today's hot charts like INO etc
Hello KCalhoun,

How do you prove to your members you actually make consistent money the past 5 years? Tax records or 3rd party verification service?
 
Hello KCalhoun,

How do you prove to your members you actually make consistent money the past 5 years? Tax records or 3rd party verification service?


I do not make any performance nor profitability claims of any kind, per compliance regs. The reason I've been trusted by thousands of active traders since 1999 is because I teach actual lessons learned from real money trades I've done.

Here's what some of my seminar attendees have said:
Disclaimer: “The testimonials seen may not be representative of the experience of other clients. The testimonials seen are no guarantee of future performance or success. No compensation is paid in exchange for any testimonial. "
 
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I do not make any performance nor profitability claims of any kind, per compliance regs. The reason I've been trusted by thousands of active traders since 1999 is because I teach actual lessons learned from real money trades I've done.
Thanks for the response.

Correct me if I am wrong, but compliance regulators does not require trading service or vendors to show proof making money or 3rd party verification to their customers that they actually make money?
 
Thanks for the response.

Correct me if I am wrong, but compliance regulators does not require trading service or vendors to show proof making money or 3rd party verification to their customers that they actually make money?

No, I am a publisher of educational information, not a investment advisor. Like an author, which I am, there is no performance claims being made (ref. SEC 'publishers exemption'). I'm honest, unlike educators who make noncompliant winning performance % claims etc.

btw I completely agree with your point re don't trade live til consistent on sim first

Articles:

https://www.equities.com/user/kencalhoun

http://technical.traders.com/archive/combo/display5.asp?author=Ken Calhoun
 
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No, I am a publisher of educational information, not a investment advisor. Like an author, which I am, there is no performance claims being made (ref. SEC 'publishers exemption'). I'm honest, unlike educators who make noncompliant winning performance % claims etc.

btw I completely agree with your point re don't trade live til consistent on sim first

Articles:

https://www.equities.com/user/kencalhoun

http://technical.traders.com/archive/combo/display5.asp?author=Ken Calhoun
Thank you KCalhoun for the clarification.

Yes, without a doubt, trade sim first. Atleast all money goes to trading education and sim fees, and not losing to making mistakes and lack confidence and knowledge and lack of skills and bad habits.
 
Regarding technical indicators (not incl DOM), you just have to go to place like quantopian and ask the people. They have tested these things to death. alpha is very low.
For dom stuff, you are competing with the new masters of universe, HFT. It's a really tough nut to crack
You can read this too, but if you have a good mind you should be able to realise that these simple formulas derived from price applied blindly will not give you any edge.

Book: Evidence-Based Technical Analysis

Is that a book recommendation: Evidence Based Technical Analysis?
 
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