lol damn, how could I forget! edit: I actually didn't know about the pro-nazi sympathizer part, pretty messed up.
He used to send me PMs referring to dest's everything journal that only pikers clear IBKR... then he's trading 1/2 lot spot in IDEALPRO.
She claimed he was trading billions in FX and then asked a rudimentary interest rate question about interest rates in IB.
She sent me a screenshot with PNL redacted but missed one FX line item which IIRC was a 250K EURUSD long. $300K exposure (at the time) on 8-figure net liq? Uh huh.
I paid some nationally known traders and some unknown, bottom line, it was long process to learn "the game". I have bought many systems first 20 years, but until you get to be expert level, you never know when to alter systems or how. I am mentoring very last student, he is finally turning the corner after four years. I had said times in past that trading wasn't for him, but cause he wouldn't quit, I didn't either. 99% of his woes been mental. All the changes I offered first year, he refused to do, so after four years, he changed to include changes and now profitable weeks. Lots of teachers who churn, meaning they looking for quantity of students instead of taking just one. Find someone who trades for fun, meaning if they quit trading, they are set for life. But since it is so rewarding and much easier and automated, why not. John Hill's books my favorite.
Good Evening contra, Wow,...., talking and proving is two things that does not occur in the trading industry, only sports.
When I started trading I aske this question from too many traders who were professional and all the time I received the answer no mentor is needed.
I agree. But read and study a few trading books would be helpful. For example, I bought and studied Larry McMillan's book on Options As A Strategic Investment. It was very helpful to get me started and developed my options methodology.
Appreciate sharing this. I think working with a mentor who puts all his/her time just for you can be very good for a trader, but for the instructor I am not sure that is worthwhile, he/she can be working with hundreds of people instead of just one and make a ton more money. Finding someone like that will not be easy, that student must be very lucky and special.