Seeking mentor will pay

Discussion in 'Hook Up' started by Bluegar3, Jan 6, 2007.

  1. I was reading a post on here where the guy wanted a mentor that was willing to teach him for free, and I can completely understand how insane he was to think that someone would give up their hard earned secrets to just anyone to learn how to beat the market.

    I played professional poker player over the internet, not anymore due to the congress passing that law, anyway on my voyage to becoming a professional poker player my journey took may routes. I first started by going to Barnes and Noble and picking up a book on poker. Well I learned what was in the book but then I figured out I should be learning this, then when I learned "that" I learned nah you can make more money learning this, and that type of pattern continued, until I finally figured out how to really make $ playing poker on the internet. You'll never find it in any book or really in any forum like A few know but no one is going to share for free.

    Now if someone came to me and said, "hey i'll pay you 20,000 dollars, will you show me the ropes" I'll consider as such.

    20,000 <=> the present value of all future monies of how much money by telling him will cost me.

    Because online poker is a small world, one extra person might cost me more that 20,000.

    Now with the stock market, the game is much bigger, where by telling someone the ins and outs won't nearly affect someone as much.

    I live in Phoenix, AZ. I'm loooking for a mentor to help me steer me on the right road and give the the advice that would save me more than the cost of the mentorship.

    The mentor will benefit by if the payment of the mentorship exceeds the present value of the sums of money that this person would not make by me being in there.

    If anyone is interested PM me and we can talk
  2. Tums


    money alone won't get you there, (although it helps).

    Trading is NOT a Red light/Green light type of activity; it is more a philosophy, with a bit of arts and a bit of science.

    There are MANY ways to trade, and not all the styles and methods can be adapted by everybody.

    before you start to look for a mentor, you have to ask yourself many questions -- to understand yourself: what is your temperament? how is your rhythm? What is your risk tolerance? etc. so that you can find a mentor who trades in your "personality".

    - some like to make fast trades, others like to take it slow.
    - some like to trade lots of small trades, while others prefer few trades, but big size.
    - some could lose 7 out of 10 trades, and still come out ahead. Some wouldn't be able to handle the win/lose ratio from a psychological point of view.
    - some could ride a 40% draw down, and still come out ahead. Some wouldn't be able to stomach the roller coaster ride.

    the permutation is endless. That's what makes trading so intrigue, and so nearly impossible to teach.
  3. There's a definite trend nowadays of ex poker players moving into trading. Seeking a mentor is the smart thing to do cause when a new trader tries to go about it alone up against pros he usually ends up losing a lot of time and money.
    But most really profitable traders won't mentor anyone and aren't willing to share anything about their strategy. If a guys has a strategy that yields him 7 figures a year, 20k is nothing to him. Especially considering if he mentors one guys about the strategy and that guy tells another guy and so on now when the mentor gets the buy signal a bunch of other guys try to buy at the same thing reducing and possibly eventually eliminating his profitability.
    BTW, there's plenty of guys that'll take your 20k in a heartbeat. Lots of shady vendors looking for fresh meat out there.
    Start a journal on this site, post regularly, make some friends, and you'll get help if you ask for it. No one will just give away their strategy but when you make an obvious piker mistake, they'll let you know - keep you on the right track sort of thing so you can progress with a strategy you own and are comfortable with.
  4. qxr1011


  5. Who do you trust more (or less), a poker player who says he will pay $20,000 for mentorship or the 25+ members who have already pm'd him. Good luck to your all.
  6. I enjoy playing poker. Although I have never played online, I head to a casino, or play in local 'buy-in' games, a half dozen times a year. Much of my game involves 'reading' the other players. As such, I see no benefit for me to joining the online frenzy. I prefer 'tournament play' but have no problems with other formats.

    If a highly successful poker player offered to teach me how to trade in exchange for my trading knowledge, I'd certainly consider the offer. After all, It's money I have, so offering to pay for my knowledge isn't something I would consider. However, an opportunity to improve my skills in an arena where I only have a passing interest, is (at least to me) an interesting idea.

    - Spydertrader
  7. Seeking mutual adulation and, trying to take the guard down a bit. A poker player reaching out to a trader and vice verca. I already have money so I am raising the stakes to give you what you want, they both say. I have nothing to gain but your knowledge.

    The chips are in, who will bite?

    Spyder, a good poker player always has an angle, a good trader an edge. I have done both. This guy is playing a hand based on his most previous threads. Any good poker player with $400,000 would not really just be seeking advice from an anonomys forum on the internet.
  8. GGSAE


    No offense dude but you'd seem like a constant annoyance for any mentor...

    Here's the impression i'm getting reading your posts...I WANT MONEY NOW!

    Why in the world would a successful trader waste his time for a measly 20k? For you to be successful, even if being mentored by a great trader will require a lot of time and energy. You think this can be done in a week?
  9. A good poker player is able to evaulate if a potential loss is worth a potential reward. The potential reward of finding someone on this forum who has demonstrated success in trading and is willing to teach me is a reward worth pursing. Now I evaulate what I am losing... my time typing this message up. Seems like a good reward to risk ratio to me
  10. This is simply not true, anyone in the US can still play. Go on, you'll see plenty of players making quite a good living at it (and many many more you won't see losing, but that's the nature of it, isn't it).

    My guess is you ended up in that latter group, and you're using the Port Security Bill as an excuse. If you were a profitable online poker player, you would still be playing.
    #10     Jan 6, 2007