What an absolute bullshit. Some of the best business deals and relationships in the world are built on complete trust and integrity. It might take huge efforts to built such trust or integrity but you would not know about that from inside your little snake oil egg shell.
Paying for a mentor vs. Elite Trader Forum
- Thread starter Iwilldoit
- Start date
What does what i wrote have to do with business deals or relationships? Man, your ignorance is shining brightly
But just to clarify. Im talking about trading information in the public domain. Not business deals or relarionships just in case someone is confused by your psychobabble.
Back when I first started to investigate trading I read lots of books. I recall one book which was a series of bios on legendary speculators from throughout the decades. This book was full of inspirational stories..... along with platitudes and market aphorisms quoted by these legends. As time went by and I learned the truth about some of these people, I realized that book was mostly fluff and marketing. These guys like Bernard Baruch etc were crooks and nothing more. The crazy thing is you still see guys like that being quoted by wannabe traders to this day!
What I am saying is that unless you are trading right alongside the mentor then you may very well be getting misled. You could be on Skype with Marty and he could be buying crude oil and who knows what went into the decision. Maybe he's got some proprietary work, or some quants working for him, or some contacts with info, who knows? But when you ask why he got long he could just say "The 10ma is now bullish" and you'll be none the wiser LOLOL
I have come to believe that discretionary trading is something that you will have to figure out mostly on your own. No one is going to tell you exactly how they make their money unless perhaps you meet them in person and build a friendship with them. I've seen successful traders come out and say "there is no secret sauce" but then turn around and about some aspect of their method say "sorry I can't share that, intellectual property" or something similar.
So I would advise not paying for a mentor unless it is in-person.
Thank You for taking the time to reply to my thread Baron.
Exactly. This is a professional forum, not a high school teenage forum (if you know what I mean). I do not even consider this a forum, I consider it an extension of my workplace, since I come here to learn and seek advice.
If certain members of this forum behaved the way they did in their posts in an actual professional work environment, then they would most likely get fired.
So I hope members remember to keep it classy.
Exactly. This is a professional forum, not a high school teenage forum (if you know what I mean). I do not even consider this a forum, I consider it an extension of my workplace, since I come here to learn and seek advice.
If certain members of this forum behaved the way they did in their posts in an actual professional work environment, then they would most likely get fired.
So I hope members remember to keep it classy.
It is for most part a chit chat forum that produces traffic for Baron. I think he was pretty direct in sharing his thought that a small subsection is made up of valuable questions and answers. I fully concur with his assessment.
So, relax, and take it easy, let people vent in the right threads. If you look for a classy environment go to a Catholic church. But even there you gotta protect yourself from homo priests. You may not like some of the messengers in your thread but you will learn in no time who has their heart and brain sitting at the right place and who has not.
So, relax, and take it easy, let people vent in the right threads. If you look for a classy environment go to a Catholic church. But even there you gotta protect yourself from homo priests. You may not like some of the messengers in your thread but you will learn in no time who has their heart and brain sitting at the right place and who has not.
I haven't paid for a mentor because I haven't found one that could actually show that he's trading at all !! It's baffling to me. Here are these guys charging from a few hundreds to thousands $$ and no proof that they even have a live account. I contacted a supposed fund manager and forex coach, Andrew Mitchem who's charging $20k for one day of one to one mentoring to show proof that he's trading. I mean, with him being a fund manager, that shouldn't have been a problem at all. And this guy sends me a picture with some trades closed in profit - couldn't even tell if the account was real or simulated. What a joke !!
