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ZOSO
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Everything posted by ZOSO
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TRO, have you tried this trading the S&P e-mini? If so, what timeframe or tickframe did you use and how were the results compared to scalping the stock you mentioned?
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I've had a few struggling traders ask me to mentor them, meaning they want to learn to trade profitably, but I have a real issue of charging big money upfront even though I think my time is very valuable. These traders have already been through the educational service merry-go-round and are already out $000s with very little to show for the so-called training they received. Rather than turning these people away, I was thinking about a compensation plan based on their success from trading based on what I taught them. In other words, they would pay me a percent of their profit over a one year time frame or something like that. If they fail, well I make nothing, a risk I'm willing to take with them because I know them well and I think they have the mindset to win, but perhaps lack the right tools. What do you think is a reasonable cut of their net profits over what period of time? I'm open to any ideas as long they're fair to all parties.
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This indicator can be helpful in conjunction with a basic understanding of price action, but I suggest you not clutter up your workplace with too many of these types of tools.
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Brand new here. Looks like a straightup place.
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