Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Lusername

Where Can I Find a Mentor?

Recommended Posts

Hello all,

 

I've been training myself for the past few months on forex and stock trading, so far so good (especially for self taught). I'm well on my way and able to see the bigger picture, but my fine tuning needs some work. I'm beginning to get frustrated and down at this point as I have really high hopes for this (not unrealistic, just high) and am hoping to make a career out of trading.

 

I do not personally know anybody else who trades and therefore am on my own. The part about trading that I appreciate the most is that we work for ourselves and that our own hard work determines our success. Having said that, about 4-5 months ago, I was part of a mass "down sizing" where I worked. I've always wanted to work for myself and saw this lay off as a sign. I quickly took action, having spent countless number of hours daily training myself, staying up all night at times if I had to, stopped going out just to give myself more time learning. I know I'm close to getting my system down, but something is still a little off and my entries/exits arent quite right yet.

 

As I'm doing this alone, I cannot always see my own errors, only a 2nd pair of eyes can point out what I'm doing wrong.

 

I am in the Dallas / Fort Worth area and very optimistically searching for a mentor or anybody that can give me guidance. If you are willing to help, or know anybody who would, please PM me, I am available anytime of the day, night, weekends, ANYTIME, this is priority #1 in my life.

 

I thank you for having taken the time to read my post and thank you for any help you may be able to offer.

 

 

Happy trading to all!

Share this post


Link to post
Share on other sites

Well, I think you can easily find a mentor. There are too many of them I think. That is the hardest question to solve when you come to trading. It is not about the method, but mostly about you and your mentor. If you dont have one then the mentor will be the Market. You can find your success on your own, but it will take you years. Mentor can be a shortcut.

But you never know if he is good until you try him.

Share this post


Link to post
Share on other sites

You may consider joining an online trading room. Then your location does not matter. Let me know if you are interested and I will get you the information to the one I belong to.

Good Luck in any case - Wall Street Takes No Prisoners

Share this post


Link to post
Share on other sites

hi Lusername,

 

I'm a forex trader.

 

I'm glad to give you some training.

 

but before that, I need to get some information from you.

 

Age.

health.

experience in forex trading, Live or demo

 

and the most important, answer this question:

 

if you have $100,000, how much loss you could accept for one trade ?

 

and for this training, it is not the way to make you rich quickly. the target for this training in the first year is to make you survive from this market and get about 5% profit.

 

so, if you are interested, PM me.

 

and do not worry, this training is free.

 

Regards,

 

TradeCopy

Share this post


Link to post
Share on other sites

What sort of instruments are you trading. Have you tried twitter at all? It's not mentoring in the traditional sense but there are a number of great traders posting live updates and explaining the concepts and reasons behind their trades. I recommend taking a look at #FT71 and #OLE34 hashtags.

 

Tom

Share this post


Link to post
Share on other sites

I'll help you. Just get a hold of me so I know what you're looking for. I'll work with you a bit and then hook you up based on where you are.

 

Before anyone gets sideways - Yes I'm a vendor.

 

Am I willing to extend to some FREE help to anyone who is genuinely reaching out?

 

Absolutely.

 

I do it daily.

Share this post


Link to post
Share on other sites

It's been my experience that Mentors just mess you up more.

 

Your timing, can only be developed by practice. No amount of mentoring can do that for you.

 

Also, you can't win every trade. The markets are random most of the time, so a large amount of signals are actually false in the first place. The only thing you can do is robotically take every single one, so you don't miss the real ones. Just learn to keep your losses small, and let your profits run.

 

High percentage systems tend to have many smaller winners, but also smaller losers (my experience) However, there are systems that lose more than they win, but the wins are so huge that they more than make up for the losses. You have to decide which game you want to play.

 

I trade 2 systems. I do something called Spear Point trading that is a Trend/Swing Trading method, and then I do another that is newer to me and focused on day trading. I have found success with both. I have bigger wins with the Spear Point Trading, and more wins, less losses with the other one. Both win 60% or more of the time.

Share this post


Link to post
Share on other sites

hi Lucky,

 

I would be interested in joining that online trading room. Can you PM me the information?

 

Thank you!

 

You may consider joining an online trading room. Then your location does not matter. Let me know if you are interested and I will get you the information to the one I belong to.

Good Luck in any case - Wall Street Takes No Prisoners

Share this post


Link to post
Share on other sites
You may consider joining an online trading room. Then your location does not matter. Let me know if you are interested and I will get you the information to the one I belong to.

Good Luck in any case - Wall Street Takes No Prisoners

 

Hello Lucky8466. My name is JPhillips. If you could give the information on online trading rooms I would greatly appreciate it. THX.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 22nd November 2024.   BTC flirts with $100K, Stocks higher, Eurozone PMI signals recession risk.   Asia & European Sessions:   Geopolitical risks are back in the spotlight on fears of escalation in the Ukraine-Russia after Russia reportedly used a new ICBM to retaliate against Ukraine’s use of US and UK made missiles to attack inside Russia. The markets continue to assess the election results as President-elect Trump fills in his cabinet choices, with the key Treasury Secretary spot still open. The Fed’s rate path continues to be debated with a -25 bp December cut seen as 50-50. Earnings season is coming to an end after mixed reports, though AI remains a major driver. Profit taking and rebalancing into year-end are adding to gyrations too. Wall Street rallied, led by the Dow’s 1.06% broadbased pop. The S&P500 advanced 0.53% and the NASDAQ inched up 0.03%. Asian stocks rose after  Nvidia’s rally. Nikkei added 1% to 38,415.32 after the Tokyo inflation data slowed to 2.3% in October from 2.5% in the prior month, reaching its lowest level since January. The rally was also supported by chip-related stocks tracked Nvidia. Overnight-indexed swaps indicate that it’s certain the Reserve Bank of New Zealand will cut its policy rate by 50 basis points on Nov. 27, with a 22% chance of a 75 basis points reduction. European stocks futures climbed even though German Q3 GDP growth revised down to 0.1% q/q from the 0.2% q/q reported initially. Cryptocurrency market has gained approximately $1 trillion since Trump’s victory in the Nov. 5 election. Recent announcement for the SEC boosted cryptos. Chair Gary Gensler will step down on January 20, the day Trump is set to be inaugurated. Gensler has pushed for more protections for crypto investors. MicroStrategy Inc.’s plans to accelerate purchases of the token, and the debut of options on US Bitcoin ETFs also support this rally. Trump’s transition team has begun discussions on the possibility of creating a new White House position focused on digital asset policy.     Financial Markets Performance: The US Dollar recovered overnight and closed at 107.00. Bitcoin currently at 99,300,  flirting with a run toward the 100,000 level. The EURUSD drifts below 1.05, the GBPUSD dips to June’s bottom at 1.2570, while USDJPY rebounded to 154.94. The AUDNZD spiked to 2-year highs amid speculation the RBNZ will cut the official cash rate by more than 50 bps next week. Oil surged 2.12% to $70.46. Gold spiked to 2,697 after escalation alerts between Russia and Ukraine. Heightened geopolitical tensions drove investors toward safe-haven assets. Gold has surged by 30% this year. Haven demand balanced out the pressure from a strong USD following mixed US labor data. Silver rose 0.9% to 31.38, while palladium increased by 0.9% to 1,040.85 per ounce. Platinum remained unchanged. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news. Andria Pichidi HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • A few trending stocks at support BAM MNKD RBBN at https://stockconsultant.com/?MNKD
    • BMBL Bumble stock watch, pull back to 7.94 support area with high trade quality at https://stockconsultant.com/?BMBL
    • LUMN Lumen Technologies stock watch, pull back to 7.43 support area with bullish indicators at https://stockconsultant.com/?LUMN
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.