Hello everyone,
First of all, I want to apologize to all of you for my English in advance, is not my native language and I'm doing my best in order to get understood, so if something is not clear, do not hesitate to ask me to explain it in a different way in order to clarify it.
Wow, I'm quite frozen, I just got Oliver's program in May and had no idea about all of this, I have started using and paying the practice platform this month. I found that applying his method with discipline and being very disciplined managing risk I'm getting profits, of course with virtual many, but I'm aware a strategy is proven in sim and a trader is proven trading real money. I was trading real money with almost no formation, just technical analysis that worked random to me. So I decided to get formation, with different mentors and different strategies, as despite I consider myself quite aggressive, inside me is clear I want to be diversified, so I have passive income wallet of dividend shares I'm growing thinking in a long term. I got a local mentor to use a strategy he uses because he was the only one I listened up in the radio giving exact entry prices and exit price, so during 3 years in the radio, 96% of his recommendations were right, to me that means it is not just luck as all weeks gives recomendations and is by far with this technique beating the market average. I went to the curse (EUR 3000) and learned the technique this 70years man developed. It works and it is profitable even though about 50% of the days I lose, but during this 2019 I have started applying this technique ( May 1st I started trading real with this technique) I'm making a 25% profit. Started with 10K and profit is 2465 nowadays, I do trade by this moment just mini DAX future with 1 contract, at the moment I get the 2500€ or more I have to trade with 2 futures, when another profit is reached I can go with 3 contracts and so on, as well as if profit get lower than the specific amount, I have to go back and trade 1 contract less... but the way to operate is so different, effective but different as I have to get the data into an excell, apply de technique and the excell is going to tell me if next day I have to go long or short, it is based on statics, I open a position at 8:30 am and close it at 6:30pm with a 100 points trailing stop, some days the stop takes me out some other times I'm closing the position. Ok, not relevant to this thread. And my 3rd option was trading myself, with the idea of scalping/day trading and even swing. Here is where Oliver got my attention as I saw him showing too many winning days and just a very few loses, I google about him and found he is a wall st well known trader forming other traders. His program looked just so great to me, price was $1500 aprox (I just payed 3k for the other one and in less than a year I have it almost depreciated) I have to graduate to operate with the funded account of 50K buying power and the rappel of profit looks good to me. 1st aprox $1500 is entirely for me to cover the course cost, then my profit target is $3K, 60% for me 40% for Oliver then 100K BP to reach 6K profits... then when completed it is supposed to have a chat with Oliver to operate with "his" money or open an account to operate my money. I'm sure I will not open an account with them but was thinking about trading with his money and share the profits. at the 1st signal of problem about trading his money or get paid for the profit, I have it pretty clear, cancel all payments to iFundTraders and opening an IB account just for the scalping method as I did for the div, shares and for the mini DAX futures technique. Besides commissions are less in IB than whatever broker they use (I don't know what's the broker, just the platform which is Fusion DMA) as for trading 100 shares IB gets $0,002 which is 20 cents and with IFT is 60 cents, also I do trust IB but don't even know the broker they are using to.
That's my idea or what was in my mind, do you guys recommend me to not even start with the funded account?
It is pretty sad to know this but in the end, my main concern is to be consistent, I do not really care if one method or another, there is no perfect method, that's a fact but I do want to achieve my goal, to be consistent, then money will follow, fortunately, I do not need "Oliver's money" to trade with but I do need Oliver's knowledge or someone else knowledge to mentor me and help me in the process of being consistent.
BTW, general question, which firm/trader would you trust in order to get formed by to trade the market consistently??
First of all, I want to apologize to all of you for my English in advance, is not my native language and I'm doing my best in order to get understood, so if something is not clear, do not hesitate to ask me to explain it in a different way in order to clarify it.
Wow, I'm quite frozen, I just got Oliver's program in May and had no idea about all of this, I have started using and paying the practice platform this month. I found that applying his method with discipline and being very disciplined managing risk I'm getting profits, of course with virtual many, but I'm aware a strategy is proven in sim and a trader is proven trading real money. I was trading real money with almost no formation, just technical analysis that worked random to me. So I decided to get formation, with different mentors and different strategies, as despite I consider myself quite aggressive, inside me is clear I want to be diversified, so I have passive income wallet of dividend shares I'm growing thinking in a long term. I got a local mentor to use a strategy he uses because he was the only one I listened up in the radio giving exact entry prices and exit price, so during 3 years in the radio, 96% of his recommendations were right, to me that means it is not just luck as all weeks gives recomendations and is by far with this technique beating the market average. I went to the curse (EUR 3000) and learned the technique this 70years man developed. It works and it is profitable even though about 50% of the days I lose, but during this 2019 I have started applying this technique ( May 1st I started trading real with this technique) I'm making a 25% profit. Started with 10K and profit is 2465 nowadays, I do trade by this moment just mini DAX future with 1 contract, at the moment I get the 2500€ or more I have to trade with 2 futures, when another profit is reached I can go with 3 contracts and so on, as well as if profit get lower than the specific amount, I have to go back and trade 1 contract less... but the way to operate is so different, effective but different as I have to get the data into an excell, apply de technique and the excell is going to tell me if next day I have to go long or short, it is based on statics, I open a position at 8:30 am and close it at 6:30pm with a 100 points trailing stop, some days the stop takes me out some other times I'm closing the position. Ok, not relevant to this thread. And my 3rd option was trading myself, with the idea of scalping/day trading and even swing. Here is where Oliver got my attention as I saw him showing too many winning days and just a very few loses, I google about him and found he is a wall st well known trader forming other traders. His program looked just so great to me, price was $1500 aprox (I just payed 3k for the other one and in less than a year I have it almost depreciated) I have to graduate to operate with the funded account of 50K buying power and the rappel of profit looks good to me. 1st aprox $1500 is entirely for me to cover the course cost, then my profit target is $3K, 60% for me 40% for Oliver then 100K BP to reach 6K profits... then when completed it is supposed to have a chat with Oliver to operate with "his" money or open an account to operate my money. I'm sure I will not open an account with them but was thinking about trading with his money and share the profits. at the 1st signal of problem about trading his money or get paid for the profit, I have it pretty clear, cancel all payments to iFundTraders and opening an IB account just for the scalping method as I did for the div, shares and for the mini DAX futures technique. Besides commissions are less in IB than whatever broker they use (I don't know what's the broker, just the platform which is Fusion DMA) as for trading 100 shares IB gets $0,002 which is 20 cents and with IFT is 60 cents, also I do trust IB but don't even know the broker they are using to.
That's my idea or what was in my mind, do you guys recommend me to not even start with the funded account?
It is pretty sad to know this but in the end, my main concern is to be consistent, I do not really care if one method or another, there is no perfect method, that's a fact but I do want to achieve my goal, to be consistent, then money will follow, fortunately, I do not need "Oliver's money" to trade with but I do need Oliver's knowledge or someone else knowledge to mentor me and help me in the process of being consistent.
BTW, general question, which firm/trader would you trust in order to get formed by to trade the market consistently??