Quote from IV_Trader:
Strongly disagree; I have it exactly opposite
Seriously, no way you are being serious, if that is how you feel then by all means follow atticus and lose money but riskarb is not going to BS you.
options mentoring
- Thread starter HeywoodJablome
- Start date
Seriously, no way you are being serious, if that is how you feel then by all means follow atticus and lose money but riskarb is not going to BS you.
Quote from optioncoach:
I have never taken either of these but if you are willing to spend money, go with Cottle and his seminars. I think his website is Riskdoctor.com or something like that.
OPtionetics is as pricey but I think they glam up options too much and skip the important basics. OTA i do not know. Lot of positive reviews on Sheridan's mentoring here on ET so search. Optionvue has some good stuff but I thouht Sheridan did his mentoring through optionvue, I cannot remember. Despite my name I dont offer any mentoring for hire but i gladly answer questions for free
P.S. riskarb is good but atticus is a nutcase.
Agree completely.
I worked at Tony Saliba's firm in Chicago, and Charlie developed and taught a lot of the courses used to teach the European banks that were Saliba's clients.
Quote from HeywoodJablome:
in resp to blackchip:
absolutely untrue. I need to see these strategies implemented in real trades BEFORE deciding which ones fit my personality best. There have been dozens of different strategies that seem reasonable and advantageous given the right market conditions.
The issues i am discussing center around position management after the trade is in place and how to best marry a strategy to the given market conditions at that time. These are topics that simply cannot be optimally learned from written material.
for what it is worth I have seen multiple strategies that look especially promising to me, taking into acct my personality and objectives.
I still can't get around the fact that in my papertrading there seems to be a sizable chasm b/w theory and practice. that's all I am saying.
you are correct that my OCD is a problem. I genuinely hope that it is simply an impediment to getting started. This is how i was when i began playing poker, but after getting started I have won numerous tournaments in vegas and have been a consistent money maker for 2 yrs now.
Why you do not consider contacting people you think can help you here at ET, see what they can do for you, and hire them? You can hire most people, it is sometimes just a question of how much in addition to other considerations? As someone said, if the mentor is busy mentoring, what guarantee you will have to get his attention and pick his brain on some nuggests that really make money. There is a difference between a suit made by a tailor, and one you buy at a XXX store. Check if the gold is next to you, before looking somewhere else.
Cottle teaches straight-forward, how to think like a market maker kind of traidng and emphasizes spreads and position dissection. If you master what he teaches, the rest look like elementary school teachers in my humble opinion. As I said if you are already set on spending the money, get you some Cottle information. Start with his book and then sign up for some one on one mentoring. Tell him I personally recommended that you go to him 
(yeah I swing like that lol...)
(yeah I swing like that lol...)Is he the Tony Saliba featured in Market Wizards? If yes why not go for the man (Tony Saliba) himself, unless the top of the tree is really not the top of the tree.
Quote from HeywoodJablome:
thank you all for giving sincere, honest replies. It is greatly appreciated. No sarcasm, rudeness...nothing. I love it, really. I do truly value your opinions.
I feel I do understand >95% of what I have read, but there seems to be a large gap between understanding and putting that knowledge into fluid practice.
by nature my primary problem is "paralysis by analysis" and while I am willing to read every book and listen to every tape, I want someone to walk me through the process of real life trading. At least for a little while.
the sums of $$$ I will be eventually putting in my trading acct far exceed the cost of any mentoring and I just don't feel like wasting my time. If I felt I had to enroll in several courses, I would. I would like to avoid that by doing my due diligence and carefully assimilating the opinion of experts, like yourselves, into my decision making process.
the stuff by riskarb and optioncoach is great, already read them (as well as optioncoaches book, also great stuff). not familiar w/Atticus.
I have also read good things about sheridans course, but the issue I have been having w/ that is that it seems too limited. I would like to learn about multiple different strategies first and then specialize in one or two. I don't want to pigeon-hole myself into being a 1 trick pony right up front (esp if I don't care for that particular trick). I really want to gain a comprehensive foundation and then, and only then, decide which strategies I care to pursue and master. I have read good things about that course though.
By nature, I work my ass off at everything. I am 100% certifiable OCD. I will fully dedicate myself when I decide how to best allocate my resources. I have already read over ~40 books on the various subdisciplines of trading. I just don't want to waste anymore time. I'd like to work alongside a bona fide expert, and I am willing to pay real $$ to do so.
a most sincere thanks on your serious input, so many threads quickly degenerate into pettiness. your professionalism is greatly appreciated.
HJ
Here's my experience with the OCD (and it's accompanying anxiety):
At first, it will slow yuo down because yuo will analyze everything to death and have to assure yuorself repeatedly that yuo understand and are on ther right track.
BUT, once yuo get some time and experience under yuor belt, yuo'll find that yuo have a deep understanding yuo'd not have had if yuo hadn't gone through this over-reaching analysis.
Bottom line is that this is who yuo are, and it isn't likely to change. So use this as a strength and realize how it can be an impediment if not well understood.
Yep, same guy.
I was there in the mid-90's and Tony, himself, is on to other things. He was not involved in the training aspect much - I doubt if he would teach anyone.
Yuo might see if the firm still has the internship program - yuo work for free for several months, but get to take all their training classes for free and make connections.
Quote from optioncoach:
Cottle teaches straight-forward, how to think like a market maker kind of traidng and emphasizes spreads and position dissection. If you master what he teaches, the rest look like elementary school teachers in my humble opinion. As I said if you are already set on spending the money, get you some Cottle information. Start with his book and then sign up for some one on one mentoring. Tell him I personally recommended that you go to him
Couldn't agree more - well said!