Price of mentorship

Quote from Bob111:

The time:


-----i'm a bit confused here....3 admissions-to me it's mean that i will be able to see you 3 times in person for 600K?
3 months to watch what? if you make 1 trade a month, what's there to watch? do you have a record of your performance? cause 12 trades a year -it's kinda not enough from statistical point of view(and 600K payment).
More...


1. BTW this is purely hypothetical , I'm not really mentoring , just a random thought

2. price of 3 NYU admissions means = Price of 3 New York University admissions ($200k for 4 year college)


3. Well a good system actually can trade all timeframes, My theories and methods are based on price action, so u can trade down to the 5 minute time frame. I just only take the monthly trades because I make more money while doing less work.
 
Quote from TheMan:

He said what he was trying to say incorrectly, which makes it even better.

He meant to say he makes 50k a month not per trade.

hence the 600k = 50k per month
More...


wrong , I trade about once a month, can make about $50k PER trade depending on how i size the position ( $600k size)

7-8% per trade basically.
 
Quote from coolweb:

1. BTW this is purely hypothetical , I'm not really mentoring , just a random thought

2. price of 3 NYU admissions means = Price of 3 New York University admissions ($200k for 4 year college)


3. Well a good system actually can trade all timeframes, My theories and methods are based on price action, so u can trade down to the 5 minute time frame. I just only take the monthly trades because I make more money while doing less work.
More...

so you only take monthly trades and make 30-50k a trade?

what about your recent (scalp) calls in the ES thread?

were they not real?


i am not going to say anything else in this thread, but i will come back to accept my praise when my call comes home to big papa



:cool:
 
Quote from TheMan:

so you only take monthly trades and make 30-50k a trade?

what about your recent (scalp) calls in the ES thread?



:cool:
More...

I don't make "money" from ES trades. ($200-500 doesn't constitues as "money" to me when I have an 7 fig trading account)
I trade it purely for price action experience with 100 shares of spy.



ES does not have enough volatility each swing to make a lot of money.
ES does not move 7-8% in a move rarely.
 
great entry on ARMH today, but I have to ask, why dont you just trade the /ES? The ARMH and SPY charts are almost identical.
 
Quote from coolweb:

I don't make "money" from ES trades. ($200-500 doesn't constitues as "money" to me when I have an 7 fig trading account)
I trade it purely for price action experience with 100 shares of spy.

ES does not have enough volatility each swing to make a lot of money.
ES does not move 7-8% in a move rarely.
More...

You have a 7 figure trading account, so you can day trade 200 lots ES no problem, and ES is liquid so no problem there, in and out 200 lots; I've seen 1700 lots in a single print at times. Late this afternoon, ES broke a range low and offered 6 pts profit in 30 minutes, x 200 lots = $60K. One swing, 30 mins: $60K

That seems like money to me :confused:
 
Quote from NoDoji:

You have a 7 figure trading account, so you can day trade 200 lots ES no problem, and ES is liquid so no problem there, in and out 200 lots; I've seen 1700 lots in a single print at times. Late this afternoon, ES broke a range low and offered 6 pts profit in 30 minutes, x 200 lots = $60K. One swing, 30 mins: $60K

That seems like money to me :confused:
More...

Personally I'd rather own $1M dollars worth of a specific company, then $1M dollars worth of ES .
ie. if u were long POT (your favourite stock) vs long ES


one is targeted, the other is mishmash bouncing around running stops.
 
You must log in or register to reply here.
Back
Top