Mentor

Discussion in 'Trading' started by jonbrowusmc, Mar 28, 2017.

  1. Thank you!
     
    #11     Mar 28, 2017
  2. O(1)

    O(1)

    #12     Mar 28, 2017
  3. This is excellent advice. Also, if programming proficiency creates any roadblocks, consider hiring a coder experienced with trading software. It will speed up the process. Good luck
     
    #13     Mar 28, 2017
    jonbrowusmc likes this.
  4. cvds16

    cvds16

    It took me 10 years to somewhat starting to see the light and even nowadays I make stupid mistakes at times, but at least I take my loss and get out. Emotions are a hard thing to control and can cloud your vision of charts and other subjective info, so you better have hard stops and places where you want to get out in check. Get as systematic as possible, although I doubt that what I do could be programmed.
     
    #14     Mar 29, 2017
    digitalnomad and jonbrowusmc like this.
  5. Robert Morse

    Robert Morse Sponsor

    Automating a trading strategy requires you to have one. I'd suggest sticking with the learning process and then develop a strategy that works for you.
     
    #15     Mar 29, 2017
    cvds16 and jonbrowusmc like this.
  6. usrx201

    usrx201

    A great place to start to see the massive chicanery in the retail trading education world is tradingschools.org
     
    #16     Mar 29, 2017
    cvds16 and jonbrowusmc like this.
  7. Thanks usrx201 I'll check out that website today!
     
    #17     Mar 29, 2017
  8. Vindago

    Vindago

    Now I'll say something that will likely surprise you but while 99% of the traders will tell you that you need to keep your losers small and let the winner run, I have become consistently profitable doing just the opposite: take small profit often (95% of the time) and sometimes take a bigger loss (1-2% of the time), sound crazy, eh?
     
    #18     Apr 1, 2017
    Windlesham1 likes this.
  9. We are all different- but every great trader had a mentor-though you have to think somebody was not mentored when it all started back in the 16th century. I part run a UK website for options traders-and we are looking for people to mentor,for free, for life. Can we find anyone? Lazy fat ass Brits want it on a plate. However our win rate with options is about 80%. http://optionsinvesting.co.uk/really-grinds-gears/
     
    #19     Apr 1, 2017
  10. You're on the right track - open minded, willing worker, realistic. With a good mentor, you have a chance.
     
    #20     Apr 1, 2017