Do you think intelligence has something to do with successful trading? Why don't we open a company and go to Harvard or MIT and hire the A+ students, then we will make a lot of money together. In my opinion, I don't think intelligence has something to do with successful trading, it's more related to psychology, the trader's emotions face to win and lose.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Trading Mentor/Coach wanted!!
- Thread starter SOStrader
- Start date
thats true, a lot of programs take u on a long ride to somewhere...
I would recommend checking out this site
www.jmdttw.com and see what you guys think...any feedback would be appreciated.
thanks
I would recommend checking out this site
www.jmdttw.com and see what you guys think...any feedback would be appreciated.
thanks
Quote from Samson77:
I more then anyone else in this forum is truly qualified to answer your question about mentors, courses etc....
I spent over 30k in courses and systems in my first two years of trading fulltime.
Some where Good (2%) but 98% where a waste of time.
That includes the free ones found here in ET... Spyders and No_pm_please.
The main reason that they are a waste of time is exactly because of what acrary stated in his post.
You MUST develop a method around YOUR personality and goals.
So the best advise ANYONE can every give you is to EDUCATE yourself.
Sit down with a blank chart with NOTHING but Price Bars and Volume on it for 6 months and just watch and make notes.
Once you have done this you will be able to build around those consistency's that you have observed, then go out and buy every book you can get that will educate you in the definitions of every indicator and what they are designed to do and measure, then you can CHOOSE to apply them IF you want to.
Put the Horse before the Cart and it will be a smooth ride for you, too many traders try and make things too complicated way to fast without really understanding the abc's first imo.
Please to meet you Samson and bravo
I am also coming from the same background as you are. Lost money in useless courses, until I did what you recommend. NO TRADING METHOD WILL WORK WONDERS FOR ANY @ PERSONS. THEY DEVELOP A SYSTEM AROUND THEIR PERSONALITY> period.
Oh I started a thread, " trading is for dumb people" Boy did the ET's whipped my ass! All I said was simplicity is very effective.
Was nice meeting you.
Hi, I see this is an old thread but I have recently started mentoring. I'm not promising the sun, moon and stars but I have developed a very simple intraday system for trading the indicies that works consistently if executed correctly.
Quote from eire player:
Hi, I see this is an old thread but I have recently started mentoring. I'm not promising the sun, moon and stars but I have developed a very simple intraday system for trading the indicies that works consistently if executed correctly.
And this had to be your 'virgin' post....!!
That's nice...:eek: ...and now for some proof...something simple...last 3 months broker statements would be a good kicker...
And what are you offering...
NiN
Quote from Now is Now:
And this had to be your 'virgin' post....!!
That's nice...:eek: ...and now for some proof...something simple...last 3 months broker statements would be a good kicker...
And what are you offering...
NiN
Agreed, always ask for some real live account statements- fairly recent and not hypothetical (made up) results about how they can make 200 pips per day 'risk free' etc.
You need to see some real evidence that they can make money trading.. even if it is only a few weeks of statements it is essential.
Talk is cheap in this game. Judge mentors by their actions not only their words.
I don't think posting accounts proves anything as it has been previously discussed just how simple it is to edit broker statements.
It is also a fact that some great mentors are not such great traders as they can be technically gifted and know all the theory but have the wrong character for trading. Not everyone is cut out to be a trader....
However I do possess both the mental and technical skill to both trade and mentor. I'm also in the process of setting up a blog where my calls can be followed live each day. More on that to come.
What I have is a system that will give enough of an edge to make each week. The system is for indices only and uses mostly price with limited use of indicators.
The system will not guarantee profits as 95% of traders do not loose money due to bad systems but due to bad execution of their system. I can only help so much in this department, I can give advice on money management and trading psychology but a trader really has to put in the work themselves and recognise it is the single most important aspect of trading.
It is also a fact that some great mentors are not such great traders as they can be technically gifted and know all the theory but have the wrong character for trading. Not everyone is cut out to be a trader....
However I do possess both the mental and technical skill to both trade and mentor. I'm also in the process of setting up a blog where my calls can be followed live each day. More on that to come.
What I have is a system that will give enough of an edge to make each week. The system is for indices only and uses mostly price with limited use of indicators.
The system will not guarantee profits as 95% of traders do not loose money due to bad systems but due to bad execution of their system. I can only help so much in this department, I can give advice on money management and trading psychology but a trader really has to put in the work themselves and recognise it is the single most important aspect of trading.
Nice to find a thread from 2006 to start spamming.